What Happened To The Republican Deficit Hawks..? US monthly deficit largest in 6 years

in #politics7 years ago (edited)

In February the federal government spent roughly $371 billion, up $7 billion from February 2017. Tax receipts, meanwhile, fell to $156 billion from $172 billion a year earlier. Interest payments on the nation's debt, Social Security and Medicare, and outlays by the Department of Homeland Security and Department of Defense, are the areas where spending has gone up the most, according to the Congressional Budget Office.

More info in the article;
http://money.cnn.com/2018/03/12/news/economy/budget-deficit/index.html

My Thoughts On This News

The republicans are destroying the economy, when the democrats are in charge they scream about deficit and debt but when they are in charge they increase the deficit and the debt. They have complete control of the government and they have no clue how to actually govern. Taxes have been decreased which benefits the already wealthy Americans and decreases the revenue of the government. They did nothing to decrease government spending, they actually increased government spending by giving the military about $100 billion more per year. With the current government debt the US has and the current private debt, the US dollar is on its way to hyper inflation because we have morons in charge of the government...

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