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elixir

Budget and deficits

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elixir

http://fox2now.com/2018/03/13/us-monthly-deficit-largest-in-6-years/

 

Snippets:

"New Treasury Department numbers show that the US government racked up a $215 billion deficit in February — the largest monthly deficit in six years."

"Given the cost of the tax overhaul, a recent spending deal passed by Congress and other legislation, the Committee for a Responsible Federal Budget estimates that the country next year will start booking trillion dollar deficits permanently absent policy changes."

"It was less than a year ago the CBO was projecting deficits wouldn’t cross the $1 trillion threshold until 2022."

 

 

Acceleration in progress. Thoughts?

 

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S is going to HTF very soon? So maybe it doesnt matter how much debt there is outstanding? If you knew everything was going to go down and not come back up, wouldnt you "max out" your credit card? Thats my thoughts on that snippet! :)

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-OP

Max out your credit cards on military hardware, just as our government is doing, perhaps? It makes me wonder if the creditors have been calling TBH.

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