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U.S. Treasury says first-quarter borrowing set record of $488 billion

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U.S. Treasury says first-quarter borrowing set record of $488 billion
Eric the Green Offline
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05-07-2018, 10:52 AM
(05-06-2018, 10:11 PM)Classic-Xer Wrote:
(05-06-2018, 09:07 PM)pbrower2a Wrote: ...and without a valid excuse. This is worse than any deficits during the Great Recession, deficits necessary for preventing a reprise of the Great Depression.
Well, there hasn't been a major tax reduction like we've seen since Reagan. You should be happy though. The blues got 800 billion more to spend on their stuff for Democratic support to keep the government working for now. I suspect we'll continue to see more of the same until it becomes OBVIOUS that the government is going broke. Then, we'll have a decision make about our future together as citizens.

We also had a major tax reduction under GW Bush. I am happy that the blues got that stuff. I would be happier if the wealthy paid more so we didn't also have an enormous debt piling up.
"I close my eyes, and I can see a better day" -- Justin Bieber

Keep the spirit alive;
Eric M
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RE: U.S. Treasury says first-quarter borrowing set record of $488 billion - by Eric the Green - 05-07-2018, 10:52 AM

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