The Soapbox

WahooRQ

Joined: 04/30/2006 Posts: 44682
Likes: 60757


Interest rates ticking up had a lot to do with that and will be more of a


challenge moving forward -- especially with Trump and the other nimrods gashing revenue through massive tax cuts increasing wasteful military spending even more, and likely encouraging inflation in the process.

Also seem to recall there was some kind of tax deal that increased the deficit in 2016 as well as some weird accounting issues where 2017 expenditures had to be paid in 2016, but you are right that it was headed back up even before the inmates were running the asylum unchecked.

(In response to this post by Stimp)

Posted: 02/12/2018 at 4:26PM



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Current Thread:
 
  
So what is up with the budget? -- Quaker 02/12/2018 2:03PM
  As David Brooks said on the NewsHour, -- HowieT3 02/12/2018 2:52PM
  Ouch ** -- Quaker 02/12/2018 3:07PM
  Unfortunately, that is very accurate. ** -- HoosWillWin 02/12/2018 2:55PM
  Deficit hawks hibernate during GOP administrations ** -- hokeyhokie 02/12/2018 2:09PM

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