And we’re all paying for it… and so are our children, and grandchildren, and great-grandchildren… you get the idea.
(CNSNews.com) – The federal government spent $1,822,712,000,000 in the first five months of fiscal 2019, the most it has spent in the first five months of any fiscal year since 2009, which was the fiscal year that outgoing President George W. Bush signed a $700-billion law to bailout the banking industry and incoming President Barack Obama signed a $787-billion law to stimulate an economy then in recession.
At the same time that federal spending was hitting this ten-year high, federal tax revenues in the first five months of the fiscal year were hitting a four-year low of $1,278,482,000,000.
According to the Monthly Treasury Statement for February, the Treasury spent $1,822,712,000,000 in the five months from October 2018 through February 2019, the first five months of the federal fiscal year.
Mueller really ran up the bill…
But, but, but, those tax cuts were going to pay for themselves.
According to DoJ, the Mueller probe will cost $32-35 million over 22 months. But it produced 199 indictments, AND took in $42 million in forfeitures. Looks like a ROI.
By comparison, the Clinton probe cost $69 million, and Iran-Contra was $47 million.
Looking at the entire Mueller cost of $35 million over 22 months, it is < .000192% of what the conservatives spent in the first 5 months of FY 19.
Tax payers spend a lot more for Trumps Mar-a-logo long weekend golfing vacations than investigations.
Bingo ! Or should it be “Fore”?
https://www.trumpgolfcount.com/#services
We need to cut Nord’s social security.
And why, k? Do you endorse cutting SS to folks that can do math, research a subject, or have an independent thought? Or that have been paying in to the system since the early 60’s (and still am) ? Give us all your justification. Or is it just because we disagree?
Nord,
Entitlements are 2/3 rds of the budget.
They will eat the entire budget on current path.
If we will not cut benefits, then let young guys like me out.
If we want to talk deficit, we need to start talking about who is getting the money.
k:
You been drinking paul ryan’s kool aide for too long. That’s my money, and I have been paying in to SS since before you were born.
Why not start fixing the problem by cutting back on government funded golf cart rental? And then move on to a luxury tax on profiteering by any individual benefiting by government funded trips to any resort owned by an elected official. Come on, join in solving the deficit !!
Social Security is called an entitlement because when you pay into it, your entitled to it.
Nord,
I got news for you…once you pay into the government in taxes, IT IS NO LONGER YOUR MONEY!
You are at the mercy of policitians and emtpy promises.
You liberals don’t get that.
Pat,
You are not entitled to anything if you die before you retire.
You are not entitled to anything if the nation goes bankrupt because liberals murdered 40 million potential income taxpayers by abortion.
You are not entitled to anything when politicians change the law or change their mind.
You are not entitled to anything if a liberal coup of Donald Trump/American government is successful.
You are not entitled to anything if liberals adopt and inflationary money policy like Venezuela.
In other words, you are stupid to think you are entitled to anything from government and politicians making absurd promises.
Nort brags: “That’s my money, and I have been paying in to SS since before you were born.”
All the money you paid in was long gone by the time you retired, numbnutz. The money you are getting now is other people’s money. One would think that you being an Exaulted Elected Official you would know how a ponzi works.
Patsy hallucinates: “…because when you pay into it, [you are] entitled to it.”
Clueless as ever, I see. Please cite the legislation, law, amendment – what ever it is that you think exists – that guarantees your access to the funds you’ve been forced to contribute.
k and mumbles:
There is a reason they call it the “Federal Insurance Contributions Act (FICA)”. Even you guys could look it up.
And you two never fail to disappoint, with the name calling and ignorance. Nobody is surprised.
Nort blubbers: “There’s a reason…”
SMH. Yes, Nort, they force us to pay. We all know that. You cite legislation that lays out the scheme for confiscating personal and corporate money. What exactly is your point?
Side Bar: hey Patsy, if you are ‘entitled’ to get your SS because you paid in, does that mean a corporation is also entitled to get theirs?
LeeeeeeeeeeeeeeeeeeeeeeeeeeRoy has never really had a clue. He was always on the “take” side of things. Maybe if he actually reads the law he’ll understand that SS payments are entirely dependent on the mood of Congress and the President.
But maybe he won’t. Reading for comprehension is hard.
Le Roi, you do realize there are many, many people who get Social Security that have never paid in? Start with those on SSI. Most are legitimately in need of help, but it takes money out the Social Security system. Then you have Medicare, whose costs are skyrocketing.
Finally, there are fewer taxpayers available to pay into the system.
I am 58, so I will probably get Social Security but my kids won’t.
Those are facts.
Nord is fascinating.
He can look at a wastewater permit with all kinds of demands and see no mandates.
Then he looks at Social (In)Security law and see all kinds of mandates in there for him to get paid.
Pretty twisted reality he lives in.
At least he provides endless comedy to the rest of us.
k:
I’m glad to see you came to your senses and declared me fascinating.
And I can look at that WPDES permit and never see the word “mandate”. There are always alternatives, hence the need for the community to develop a CEA/EA. You could easily put the WPDES controversy to rest and prove yourself correct by showing us all the permit. For someone that always insists on being right I’m amazed that you refuse to avail yourself of the opportunity.
Nord,
No where in the Social Security act does it say it is “my [your] money”.
Why do you make that absurd leap, when you cannot graps the obvious on permit mandates?
k:
You are the one that introduced mandates and SS into the conversation.
If you want to prove your mandate fallacy, go ahead. If not, then keep barking at the moon. Why are you so afraid to prove your contention? It should be easy for a smart guy like you..
As far as SS goes, if you think you can cut my SS, go right ahead and try. I’m not one bit worried.
If you were truly worried about your future well being and financial security, and that of the country and world in general, you would be well served to get on board with controlling CC/GW, as uncontrolled carbon emissions will certainly have an adverse effect on you and your descendants.