GoFuckYourself.com - Adult Webmaster Forum - View Single Post - $2,198,468,000,000: Spending under Trump = 10 year high with taxes at 5 year low

crockett · 04-14-2019, 06:59 AM

So Trump & Republican's spending has beat what was spent during the bail outs while the collect less taxes.. Remember the outrage from all the fake libertarians and fake conservatives? Blaming Obama for everything.. Now they are perfectly happy at their "dear leader" spending us into oblivion..

https://www.cnsnews.com/news/article...gh-march-taxes

(CNSNews.com) - The federal government spent $2,198,468,000,000 in the first six months of fiscal 2019 (October through March), which is the most it has spent in the first six months of any fiscal year in the last decade, according to the Monthly Treasury Statements.

The last time the government spent more in the October-through-March period was in fiscal 2009, when it spent $2,326,360,180,000 in constant March 2019 dollars.

Fiscal 2009 was the fiscal year that began with President George W. Bush signing a $700-billion law to bailout the banking industry in October 2008 and then saw President Barack Obama sign a $787-billion stimulus law in February 2009.

At the same time that the Treasury was spending the most it has spent in ten years, it was also taking in less in tax revenue than it has in the past five years.

04-14-2019, 06:59 AM
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	$2,198,468,000,000: Spending under Trump = 10 year high with taxes at 5 year low So Trump & Republican's spending has beat what was spent during the bail outs while the collect less taxes.. Remember the outrage from all the fake libertarians and fake conservatives? Blaming Obama for everything.. Now they are perfectly happy at their "dear leader" spending us into oblivion.. https://www.cnsnews.com/news/article...gh-march-taxes (CNSNews.com) - The federal government spent $2,198,468,000,000 in the first six months of fiscal 2019 (October through March), which is the most it has spent in the first six months of any fiscal year in the last decade, according to the Monthly Treasury Statements. The last time the government spent more in the October-through-March period was in fiscal 2009, when it spent $2,326,360,180,000 in constant March 2019 dollars. Fiscal 2009 was the fiscal year that began with President George W. Bush signing a $700-billion law to bailout the banking industry in October 2008 and then saw President Barack Obama sign a $787-billion stimulus law in February 2009. At the same time that the Treasury was spending the most it has spent in ten years, it was also taking in less in tax revenue than it has in the past five years. __________________ In November, you can vote for America's next president or its first dictator.