[W:436] Biden declares himself 'blameless' if US defaults on debt: 'I've done my part'

[mike2810]

Awesome, only 1.5 TRILLION IN DEFICIT 2023 and 1.4 TRILLION in 2022, outstanding job, not real money. this really is a joke, isn't it?

last time the US had a balanced budget was with Clinton.
Trump ran a deficit. Obama ran a deficit, Biden is running a deficit.

So what the heck is your point other than to bash Biden?

 

[Conservative]

increased every year. Biden decreased every year.

It's not my fault you post some of the most moronic and easily disproven stupidity on the forum.

Sure happy to hear, wonder what the debt service was that the taxpayers had to pay on the Trump deficit vs the Biden deficit? How about an answer.

Seems like a lot of leftists here lower the intellectual levels in this forum. Anyone who says that cutting the deficit in half leaving it at 1.4 TRILLION has no credibility. Guess the projected 1.5 trillion increase in 2023 is not real either.

 

[AZRWinger]

Look, we are in agreement that this country is going to have to learn to live within its means sooner rather than later. However, there IS a budget for 2023, passed in Dec 2022, voted on by members of BOTH parties, and signed by the President. You know full well that if the republicans were about to lose the House they would have done exactly the same thing: pass a bill while they still could. Well guess what: that is "water under the bridge". The budget for 2023 has already been passed. Caving in the McCarthy and his merry band of MAGATS would set a horrible precedent. When the situation is reversed-and it will be reversed at some point-don't think for a minute that the Democrats won't hold a republican President and the American people hostage in the same manner. Do you really want to go through this crap every time the House switches parties? I don't. The best outcome is for Biden to stonewall McCarthy and his MAGATS and for McCarthy to get to work on a better bill for 2024.

Still clinging to the budget fiction. That's not impressive in the slightest.

Now you claim to have added mind reading of Republicans no less. Stick to reality.

I believe elections have consequences, don't you? When control of the House changes there is contention and differences. That's the sign of a healthy republic.

You claim to want a balanced budget yet insist on kicking the can down the road. That's a wildly inconsistent approach.

 

[Conservative]

last time the US had a balanced budget was with Clinton.
Trump ran a deficit. Obama ran a deficit, Biden is running a deficit.

So what the heck is your point other than to bash Biden?

Sorry but that is a lie, Public debt was balanced after taking money from the Mandatory budget SS and Medicare as Clinton increased the debt by 1.4 trillion dollars. why are you so poorly informed?

The Myth of the Clinton Surplus

www.craigsteiner.us

 

[mike2810]

Sorry but that is a lie, Public debt was balanced after taking money from the Mandatory budget SS and Medicare as Clinton increased the debt by 1.4 trillion dollars. why are you so poorly informed?

The Myth of the Clinton Surplus

www.craigsteiner.us

What part of balanced budget do you not understand.
When there is no deficit or surplus due to spending and revenue being equal, the budget is considered balanced.
A balanced budget is not the same as the debt.

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

Why don't you complain about Trump's deficit spending?
Steiner is playing word games.

 

[Ethel2]

Still clinging to the budget fiction. That's not impressive in the slightest.

Now you claim to have added mind reading of Republicans no less. Stick to reality.

I believe elections have consequences, don't you? When control of the House changes there is contention and differences. That's the sign of a healthy republic.

You claim to want a balanced budget yet insist on kicking the can down the road. That's a wildly inconsistent approach.

Yup
Elections do have consequences and last I checked it is President Joe Biden in the White House and a Democrat controlled Senate.
The 2023 budget is cast in concrete and the sooner you realize it that faster you can return to the real world.

 

[mike2810]

Still clinging to the budget fiction. That's not impressive in the slightest.

Now you claim to have added mind reading of Republicans no less. Stick to reality.

I believe elections have consequences, don't you? When control of the House changes there is contention and differences. That's the sign of a healthy republic.

You claim to want a balanced budget yet insist on kicking the can down the road. That's a wildly inconsistent approach.

Yes, Elections have consequences and reward.

Don't recall you complaining about raising the debt limit in the past. Why is that?

Congress should have known when they pasted the current fiscal year budget that the debt limit would be exceeded. If they didn't, we need new people in Congress.

It is time for Congress to raise the debt limit. Then get busy on the FY24 budget and addressing the debt. Revenue and spending need to be on the table.

 

[rahl]

Another biased, partisan comment

you misspelled objectively correct.

yes they do and I know this fact escapes you but 2020 was a pandemic year and we all know how that the bipartisan stimulus to help 26 million unemployed Americans didn't happen and Trump had all those dollars sent to Trump Tower in NY

Irrelevant. You don't get to exclude years of a presidents term.

Yep pure garbage, just like all other OFFICIAL DATA posted that doesn't support your narrative

The actual data shows the utter stupidity of your posts. It's why you are forced to deflect and spam the thread with irrelevant off topic nonsense. Because you have your ass handed to you on each and every topic.

 

[rahl]

Sure happy to hear, wonder what the debt service was that the taxpayers had to pay on the Trump deficit vs the Biden deficit? How about an answer.

So you acknowledge trump increased the deficit each and every year, while biden has decreased it?

Seems like a lot of leftists here lower the intellectual levels in this forum.

This is ****ing hilariously ironic coming from the poster who posts the most painful stupidity on the forum lol.

Anyone who says that cutting the deficit in half leaving it at 1.4 TRILLION has no credibility.

because you have no idea what you are talking about, and don't have the intellectual capability of discussing this topic.

Guess the projected 1.5 trillion increase in 2023 is not real either.

Once you acknowledge reality, that biden has cut the deficit in half, while trump INCREASED it every single year, then we can begin to have an actual honest discussion.

 

[rahl]

Sorry but that is a lie, Public debt was balanced after taking money from the Mandatory budget SS and Medicare as Clinton increased the debt by 1.4 trillion dollars. why are you so poorly informed?

The Myth of the Clinton Surplus

www.craigsteiner.us

clinton had a budget surplus. this is not debatable.

 

[Ethel2]

Yes, Elections have consequences and reward.

Don't recall you complaining about raising the debt limit in the past. Why is that?

Congress should have known when they pasted the current fiscal year budget that the debt limit would be exceeded. If they didn't, we need new people in Congress.

It is time for Congress to raise the debt limit. Then get busy on the FY24 budget and addressing the debt. Revenue and spending need to be on the table.

AZR has conveniently forgotten that during the EIGHT YEARS Bush was President the repulsicans voted to raise the debt ceiling SEVEN TIMES.
Guess hypocrisy rules here: you should only refuse to raise the debt ceiling when a DEMOCRAT is President.

 

[Conservative]

What part of balanced budget do you not understand.
When there is no deficit or surplus due to spending and revenue being equal, the budget is considered balanced.
A balanced budget is not the same as the debt.

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

Why don't you complain about Trump's deficit spending?
Steiner is playing word games.

The part where we pay debt service on the total debt not the public debt and that includes the money borrowed from SS and Medicare to make the public debt look better than it is. The link is quite specific, you obviously didn't understand the data nor do you understand the budget

Because trump's deficit spending was on interest expense and entitlement increases not the discretionary budget. I really suggest a civics class for the state of Arizona

 

[Conservative]

you misspelled objectively correct.

Irrelevant. You don't get to exclude years of a presidents term.

The actual data shows the utter stupidity of your posts. It's why you are forced to deflect and spam the thread with irrelevant off topic nonsense. Because you have your ass handed to you on each and every topic.

Says the guy who claims that 900 billion dollars per year growth is the same as 500 billion dollars per year growth because the percentage growth is the same, That shows lack of credibility. Ask a basic math teacher if 900 is bigger than 500?

 

[mike2810]

The part where we pay debt service on the total debt not the public debt and that includes the money borrowed from SS and Medicare to make the public debt look better than it is. The link is quite specific, you obviously didn't understand the data nor do you understand the budget

Because trump's deficit spending was on interest expense and entitlement increases not the discretionary budget. I really suggest a civics class for the state of Arizona

must be a Texas thing.

 

[Conservative]

So you acknowledge trump increased the deficit each and every year, while biden has decreased it?

This is ****ing hilariously ironic coming from the poster who posts the most painful stupidity on the forum lol.

because you have no idea what you are talking about, and don't have the intellectual capability of discussing this topic.

Once you acknowledge reality, that biden has cut the deficit in half, while trump INCREASED it every single year, then we can begin to have an actual honest discussion.

Says the guy who claims that 900 billion dollars per year growth is the same as 500 billion dollars per year growth because the percentage growth is the same, That shows lack of credibility. Ask a basic math teacher if 900 is bigger than 500?

Now you double down claiming that 1.4 trillion is better than the Trump deficits which never reached 1.4 trillion because the percentage reduction is what is important. Wow, what an embarrassment

 

[Conservative]

must be a Texas thing.

So do we pay debt service on the total deficit or just the public deficit? Do you know what makes up the yearly deficit?

 

[mike2810]

So do we pay debt service on the total deficit or just the public deficit? Do you know what makes up the yearly deficit?

Splitting hairs again. Debt is debt.
Yes, I know what makes up the yearly deficit.
You do realize that yearly deficits add to the total debt.

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

 

[Conservative]

Splitting hairs again. Debt is debt.
Yes, I know what makes up the yearly deficit.
You do realize that yearly deficits add to the total debt.

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

Yes it is and debt service is interest expense on total debt, when you borrow from one account to transfer to another you don't change the deficit added to the debt. The money is owed to the account you borrowed from. Doesn't seem that hard to understand but apparently it is for you

 

[Ethel2]

must be a Texas thing.

They don’t teach civics in Texas, only “Abbott-speak”.

 

[mike2810]

Yes it is and debt service is interest expense on total debt, when you borrow from one account to transfer to another you don't change the deficit added to the debt. The money is owed to the account you borrowed from. Doesn't seem that hard to understand but apparently it is for you

Then all Presidents for decades have added to the debt. Congress and the Presidents who signed the Bills into law are at fault.
That includes your favorite President.

 

[mike2810]

They don’t teach civics in Texas, only “Abbott-speak”.

Good one.

 

[Conservative]

They don’t teach civics in Texas, only “Abbott-speak”.

Interesting, doubt seriously that you have any clue what civics teaches but you could be right, got my education in Ohio. I have seen no evidence here that you understand the role of the federal, state and local governments or the taxes you pay and their purpose. Why don't you educate me and prove me wrong?

 

[Conservative]

Good one.

How about stop feeding the trolls and tell me what items constitute the yearly deficit and how Clinton had a balanced budget and still added 1.4 trillion to the debt?

 

[Ethel2]

Interesting, doubt seriously that you have any clue what civics teaches but you could be right, got my education in Ohio. I have seen no evidence here that you understand the role of the federal, state and local governments or the taxes you pay and their purpose. Why don't you educate me and prove me wrong?

Self education is a personal responsibility. Why do you want to depend on someone else to educate you? How would me educating you benefit ME?

 

[Conservative]

Self education is a personal responsibility. Why do you want to depend on someone else to educate you? How would me educating you benefit ME?

Self education is indeed a personal responsibility so why massive gov't spending. Interesting that you are now concerned about "my" education when there sure are gaps in yours. Oh by the way, enjoy the embarrassment in chief