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mfcorey1

(11,001 posts)
Sat Mar 9, 2019, 06:12 PM Mar 2019

As budget deficit balloons, few in Washington seem to care

https://www.msn.com/en-us/news/politics/as-budget-deficit-balloons-few-in-washington-seem-to-care/ar-BBUyZeM?li=BBnb7Kz&ocid=mailsignout

WASHINGTON — The federal budget deficit is ballooning on President Donald Trump's watch and few in Washington seem to care.

And even if they did, the political dynamics that enabled bipartisan deficit-cutting deals decades ago has disappeared, replaced by bitter partisanship and chronic dysfunction.

That's the reality that will greet Trump's latest budget , which will promptly be shelved after landing with a thud on Monday. Like previous spending blueprints, Trump's plan for the 2020 budget year will propose cuts to many domestic programs favored by lawmakers in both parties but leave alone politically popular retirement programs such as Medicare and Social Security.

Washington probably with devote months wrestling over erasing the last remnants of a failed 2011 budget deal that would otherwise cut core Pentagon operations by $71 billion and domestic agencies and foreign aid by $55 billion. Top lawmakers are pushing for a reprise of three prior deals to use spending cuts or new revenues and prop up additional spending rather than defray deficits that are again approaching $1 trillion.

It's put deficit hawks in a gloomy mood.

"The president doesn't care. The leadership of the Democratic Party doesn't care," said former Sen. Judd Gregg, R-N.H. "And social media is in stampede mode.

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As budget deficit balloons, few in Washington seem to care (Original Post) mfcorey1 Mar 2019 OP
Gregg and his Wellstone ruled Mar 2019 #1
This will all change when there's a Democrat at 1600 Pennsylvania Avenue CDerekGo Mar 2019 #2
It was a key Republican talking point when the black guy was in charge. Proving again that racism is Doodley Mar 2019 #3
"Reagan proved that deficits don't matter" -- Dick Cheney, 2002 JHB Mar 2019 #4
Pssssst... Skidmore Mar 2019 #5
Remember, IOKIYAR sakabatou Mar 2019 #6
 

Wellstone ruled

(34,661 posts)
1. Gregg and his
Sat Mar 9, 2019, 06:20 PM
Mar 2019

anti entitlements language got friggin old twenty years ago. Another hate the common person GOP ex Senator.

CDerekGo

(507 posts)
2. This will all change when there's a Democrat at 1600 Pennsylvania Avenue
Sat Mar 9, 2019, 06:25 PM
Mar 2019

Ever notice that the Federal Deficit BALLOONS when GOP in in control, with nothing said from GOP concerning Federal Deficit happening under their watch. Just wait though. Next Democratic President, that will be all they can talk about.

Doodley

(9,094 posts)
3. It was a key Republican talking point when the black guy was in charge. Proving again that racism is
Sat Mar 9, 2019, 06:30 PM
Mar 2019

their paramount principle.

JHB

(37,161 posts)
4. "Reagan proved that deficits don't matter" -- Dick Cheney, 2002
Sat Mar 9, 2019, 06:32 PM
Mar 2019

"...except under Democrats." -- All the Republicans.

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