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Still more zerO debt and deficit.


Guest Patriot
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Guest Patriot

While the debt is still soaring, 17.5 trillion right now, the defecit will be 500 billion this year. And since the money will need to be borrowed, the total deficit will be closer to 700 billion. But hey, the good news is all illegal aleins will be getting free tuition and food stamps. Oh, and the military won't be getting a pay raise this year.

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Guest Guest
While the debt is still soaring, 17.5 trillion right now, the defecit will be 500 billion this year. And since the money will need to be borrowed, the total deficit will be closer to 700 billion. But hey, the good news is all illegal aleins will be getting free tuition and food stamps. Oh, and the military won't be getting a pay raise this year.[/

Sorry if I don't share your keyboard commando view of military pay but leave it us who have actually served and those who currently serve to decide if the compensation is fair. It's an all volunteer force and has been for over 40 years - they can leave if they want. Recruiting and retention have remained strong for the last 8 years. Please, keep to topics you're experienced in, like... Um, ah, Well, I'll get back to you

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Guest Combat Veteran

While the debt is still soaring, 17.5 trillion right now, the defecit will be 500 billion this year. And since the money will need to be borrowed, the total deficit will be closer to 700 billion. But hey, the good news is all illegal aleins will be getting free tuition and food stamps. Oh, and the military won't be getting a pay raise this year.

More lies from the kiddie keyboard commando. The military has been all-volunteer for over 40 years. Recruiting goals have all been exceeded and retention numbers are above forecast. If someone doesn't like military pay they can either not join or get out at the end of their hitch. Leave military topics on the forum to those who have actually served.

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Guest The Honest Patriot

Why are you so deliberately misleading? The annual federal deficit is now running at its lowest level in 14 years. Yes, we're finally undoing the damage of George W. Bush. 14 years takes us back to Bill Clinton. You do remember who the President was when we last ran federal SURPLUSES? Bill Clinton.

Here's the lates from Bloomberg News:

U.S. Posts Smallest March Federal Budget Deficit Since 2000
By Kasia Klimasinska - Apr 10, 2014

The U.S. posted its smallest March budget deficit in 14 years as an improving labor market boosted tax receipts and federal government spending declined from a year earlier.

Spending exceeded revenue by $36.9 billion last month, compared with a $106.5 billion deficit in March 2013, the Treasury Department said today in Washington. The median estimate in a Bloomberg survey of 18 economists called for a $36 billion shortfall.

“The economy is growing, so the tax receipts are up,” said Paul Edelstein, director of U.S. financial economics at IHS Global Insight Inc. in Lexington, Massachusetts. “We’ve also cut back significantly on expenditures.” A report last week showed the number of employees on company payrolls surpassed the pre-recession peak for the first time in March, a sign progress in the job market will help propel tax receipts into the Treasury.

Corporate tax receipts may get a boost from a pickup in the pace of growth. Strength in the U.S. this year and next will help the world economy withstand weaker recoveries in emerging markets, an April 8 report from the International Monetary Fund showed.

Today’s Treasury report showed revenue increased 16 percent to $215.8 billion last month from $186 billion in March 2013. Spending totaled $252.7 billion, down 13.6 percent from $292.5 billion a year ago, today’s report showed.

Payments Shift

Because March 1 fell on a weekend, certain payments usually made in March were shifted to the month earlier. Without those shifts in payments, and excluding some prepayments that lowered collections in 2013, the March deficit would have been $34 billion smaller than a year ago, the Congressional Budget Office said on April 8.

Federal government spending cuts, known as sequestration, and higher revenue, helped the U.S. win praise from the IMF as the world’s largest economy cut the deficit last fiscal year by more than a half since 2009. That’s a change from the tone at the last IMF meeting in October, when there was a risk of U.S. default tied to a federal government shutdown. The contingency plans international officials started to draft as the U.S. approached the debt ceiling turned out not to be necessary as lawmakers reached a fiscal agreement on Oct. 16, less than 24 hours from when the Treasury said it would exhaust borrowing authority.

A subsequent budget agreement “substantially reduced near-term uncertainties,” the IMF said in a Fiscal Monitor report released yesterday. “But a comprehensive and medium-term plan to place the debt and public finances on a sustainable basis is still lacking.”

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Guest Patriot

Why are you so deliberately misleading? The annual federal deficit is now running at its lowest level in 14 years. Yes, we're finally undoing the damage of George W. Bush. 14 years takes us back to Bill Clinton. You do remember who the President was when we last ran federal SURPLUSES? Bill Clinton.

Here's the lates from Bloomberg News:

U.S. Posts Smallest March Federal Budget Deficit Since 2000
By Kasia Klimasinska - Apr 10, 2014

The U.S. posted its smallest March budget deficit in 14 years as an improving labor market boosted tax receipts and federal government spending declined from a year earlier.

Spending exceeded revenue by $36.9 billion last month, compared with a $106.5 billion deficit in March 2013, the Treasury Department said today in Washington. The median estimate in a Bloomberg survey of 18 economists called for a $36 billion shortfall.

“The economy is growing, so the tax receipts are up,” said Paul Edelstein, director of U.S. financial economics at IHS Global Insight Inc. in Lexington, Massachusetts. “We’ve also cut back significantly on expenditures.” A report last week showed the number of employees on company payrolls surpassed the pre-recession peak for the first time in March, a sign progress in the job market will help propel tax receipts into the Treasury.

Corporate tax receipts may get a boost from a pickup in the pace of growth. Strength in the U.S. this year and next will help the world economy withstand weaker recoveries in emerging markets, an April 8 report from the International Monetary Fund showed.

Today’s Treasury report showed revenue increased 16 percent to $215.8 billion last month from $186 billion in March 2013. Spending totaled $252.7 billion, down 13.6 percent from $292.5 billion a year ago, today’s report showed.

Payments Shift

Because March 1 fell on a weekend, certain payments usually made in March were shifted to the month earlier. Without those shifts in payments, and excluding some prepayments that lowered collections in 2013, the March deficit would have been $34 billion smaller than a year ago, the Congressional Budget Office said on April 8.

Federal government spending cuts, known as sequestration, and higher revenue, helped the U.S. win praise from the IMF as the world’s largest economy cut the deficit last fiscal year by more than a half since 2009. That’s a change from the tone at the last IMF meeting in October, when there was a risk of U.S. default tied to a federal government shutdown. The contingency plans international officials started to draft as the U.S. approached the debt ceiling turned out not to be necessary as lawmakers reached a fiscal agreement on Oct. 16, less than 24 hours from when the Treasury said it would exhaust borrowing authority.

A subsequent budget agreement “substantially reduced near-term uncertainties,” the IMF said in a Fiscal Monitor report released yesterday. “But a comprehensive and medium-term plan to place the debt and public finances on a sustainable basis is still lacking.”

"The Honest Patriot " ?? LOL Easy on the Kool-Aid , Cupcake.

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