Home👉US Budget Deficit soars to $209 Billion in November — Debts & Deficits are Out of Controltbd👉US Budget Deficit soars to $209 Billion in November — Debts & Deficits are Out of Control

👉US Budget Deficit soars to $209 Billion in November — Debts & Deficits are Out of Control

The U.S. budget deficit mushroomed by 2% last month to $209 billion, another step in a journey back toward 1 trillion dollars a year budget deficits.
The Treasury Department announced Wednesday that the federal government but spent a record of $434 billion in November but only took in $225 billion in tax and other revenue.
November is the second month of the government’s 2020 budget year.
So for the first two months of the Fiscal Year 2020, we have a budget deficit of $414 billion . And away we go!
Trump said that the GOP Tax Plan would bring in so much money from offshore accounts and increased revenue that the nation’s debt will be wiped out in 8 years. Trump said GDP would be 4-6% .

We’re already asking Congress again to raise the debt limit to avoid a shutdown of the government.
The budget deficit was 1.27 trillion dollars over the past 12 months. The nation’s debt has increased by 6% for the past 12 months. Debt is rising faster than GDP growth. The great businessman is actually the King of Bankruptcy.
We live in an effed-up world where more debt is good, and nobody cares about next year; never mind our kids’ future.
I would expect nothing less from the “King of Debt” Trump.
More than $1 Trillion deficit.
The best economy in the history of economics.
Donnie was complaining about the deficit when Obama was in office. Now, the deficit is out of control. Drain the Swamp Donnie !
Trump said he was the King of debt. That is one thing he was not lying about.
Welcome to The Atlantis Report.

👉 For the full transcript go to https://financearmageddon.blogspot.com
👉 Donate to help The Channel: https://tinyurl.com/vqbgwld
👉 Amazon Affiliate Links : https://tinyurl.com/sqwekhd
Support the channel by clicking here before you start shopping on Amazon: https://tinyurl.com/sqwekhd (heck, even bookmark it for future use if you’re feeling extra generous).
Thank you to all my loyal fans i love each and everyone one of you Please **like and subscribe**

👉 Follow us on Facebook : https://www.facebook.com/theatlantisreport

and on twitter : https://twitter.com/atlantis_report

👉Recommended Economic and Financial books :

Destined for War: Can America and China Escape Thucydides’s Trap? https://amzn.to/33RwG52

How an Economy Grows and Why It Crashes by Peter Schiff : https://amzn.to/33Tk8Ky

Bitcoin: The End Of Money As We Know It https://amzn.to/31TXAqX

The Death of Money: The Coming Collapse of the International Monetary System https://amzn.to/2L2688q

COPYRIGHT DISCLAIMER:
Under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research.
This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions:

https://link.attribute.to/cc/565676

source

Leave a Reply

Your email address will not be published. Required fields are marked *

payday smile logo

PaydaySmile.com is a financial technology company specializing in payday loans and financial solutions. With a keen focus on catering to payday lending needs, the company provides tailored loan options and tools to assist individuals seeking short-term financial assistance. It’s important to note that while we offer financial tools and resources, we are not a direct lender.

Advertiser Disclosure: This website is an independent, advertising-supported comparison service. The card offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval.

© 2024 PaydaySmile.com . All Rights Reserved.