4/17/18: Would it be kosher if Mr. Blogger mentioned the projected federal deficits for the next several years?
According to the Congressional Budgeting Office, the deficit for 2018, which falls almost totally on Trump & Co.’s heads, is projected to reach $804 billion, even with the U.S. economy operating at a healthy pace.
Worse still, projected deficits for the coming years “have increased markedly”
since CBO studies completed last summer. Congress’s own budget scoring body is
warning lawmakers they are over-spending wildly. With a Republican president
gripping the levers of power, at least when not gripping the ladies, and
Republicans in control of House and Senate, we have seen minimal effort to stem
the red ink tide. The deficit for 2019 is projected to be “just under” $1,000,000,000,000.
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The Tea Party crew got all dressed up like it was 1776 again. Now Republicans are blowing the budget for sure. |
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