White House: 2014 deficit to drop $100B

Jul 11, 2014 Full story: The Modesto Bee 39

Last year's deficit was $680 billion. The latest update from the White House budget office is also $66 billion less than the administration predicted earlier this year when releasing the president's budget.

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Freedom First

North York, Canada

#22 Jul 13, 2014
In all fairness the free cell phone bribe did play a part in getting this president elected and he kept that promise. I doubt he would have if one of his biggest donors had not been the supplier of these phones..No need to thank our president, your grandkids can when they pay their Obama tab.

“Moderately yours....”

Since: Aug 12

Buffalo, NY

#23 Jul 13, 2014
RustyS wrote:
<quoted text>
As a matter of fact I do. We vote ALL incumbent congressmen out of office. We institute term limits. We eliminate all congressional retirement programs. If there is no measurable progress after 4years, we do it again.
A good start.. i don't object to term limits... yours may be draconian, but in principle term limits
How about....
lets set a limit on cash from outside of the district.. Isn't rare.. more money in an election comes from outside of the district. I find that a disturbing distortion.
And people united allows unlimited contributions to political orgs. The SCOTUS said transparency would take the corruption out of the picture...Lets keep he ruling but require both the donor and recipient be transparent
Finally end tax exempt status for blatantly political activities and groups none of us should have to pa for someone else's advocation.

Since: Oct 12

Location hidden

#25 Jul 29, 2014
President Obama has actually lowered annual spending, 4 straight years....
kuda

Cincinnati, OH

#26 Jul 29, 2014
Freedom First wrote:
In all fairness the free cell phone bribe did play a part in getting this president elected and he kept that promise. I doubt he would have if one of his biggest donors had not been the supplier of these phones..No need to thank our president, your grandkids can when they pay their Obama tab.
Apparently, free cell phones weren't President Obama's doing and he didn't use them as a bribe. Spinning that kind of tale is a dishonest attempt to prejudice people's thinking by spreading misinformation. Resorting to that strategy attests to the fact that you have no criticism of substance, just trickery.
get real

Rio Rancho, NM

#27 Jul 29, 2014
Go Blue Forever wrote:
President Obama has actually lowered annual spending, 4 straight years....
.
get real there liberal idiot
tax receipts so far at over 3 trillion is the highest tax receipts in history and about 3/4 trillion more than the past few years.

Odumbo is NOT lowering spending, he is RAISING taxes, big difference except to lemming libs.
serfs up

Ormond Beach, FL

#28 Jul 29, 2014
Printing unending amounts of fiat currency while under reporting true inflation and sending tens of millions into the working poor and the poor is not deficit reduction. History has seen this trick before and it does not bode well for the general population. And the men and women who have played by the "rules" are always included as we head to the abyss.
get real

Rio Rancho, NM

#29 Jul 29, 2014
to add

along with the first time ever to reflect a NEGATIVE GDP
odumbo has killed business and economic growth
across the board his 5 years paying reparations to the
as he sees it downtrodden ex slaves and the new democrat
voters from south america.

Since: Oct 12

Location hidden

#30 Jul 29, 2014
get real wrote:
<quoted text>
.
get real there liberal idiot
tax receipts so far at over 3 trillion is the highest tax receipts in history and about 3/4 trillion more than the past few years.
Odumbo is NOT lowering spending, he is RAISING taxes, big difference except to lemming libs.
...Annual Spending...Annual Spending...Annual Spending .....Down 4 STRAIGHT YEARS.....

“Moderately yours....”

Since: Aug 12

Buffalo, NY

#31 Jul 29, 2014
Go Blue Forever wrote:
<quoted text>...Annual Spending...Annual Spending...Annual Spending .....Down 4 STRAIGHT YEARS.....
Talking to bricks again blue....

Less and less red ink each passing year
spending down

Give them what they ask for and what happens?

Since: Oct 12

Location hidden

#32 Jul 29, 2014
Buffalo Bull wrote:
<quoted text>
Talking to bricks again blue....
Less and less red ink each passing year
spending down
Give them what they ask for and what happens?
Would'nt even be here, if not for you and several other lucid posters.....When it get's to too much of their lying and denying, i just fade away.....Beside's we are getting new downstairs AC unit installed today....Other one lasted 15 years, so kinda hard to bitch....
serfs up

Ormond Beach, FL

#33 Jul 29, 2014
Tens of millions of people were savers several years ago. They are not anymore. The next downturn is coming. Not including the millions of vacant homes just in our housing market to keep prices artificially higher since the bust several years ago will not last. They will go down again as the aging population and their younger relatives live more and more together for survival. In a decade or so there will be over 20 million empty houses or homes not generating a mortgage or anything else. Sleight of hand in everything we do.
foster

Ashburn, VA

#34 Jul 29, 2014
bite me wrote:
Oh, looky, Obama dropped to one knee and picked up a dime! So we're now going bankrupt at a rate whose increase has dropped somewhere between a smidgen and a gnat's ass.
It's as if you paid double the minimum required payment on your credit card for one whole month, paying $20, even though you owe $100,000 on it!
WE'RE SAVED!
What was the deficit obama inherited from Bush and the GOP,$1.4 Trillion?
foster

Ashburn, VA

#35 Jul 29, 2014
get real wrote:
to add
along with the first time ever to reflect a NEGATIVE GDP
odumbo has killed business and economic growth
across the board his 5 years paying reparations to the
as he sees it downtrodden ex slaves and the new democrat
voters from south america.
GDP for 4th Quarter 2008 was -3%

Since: Oct 12

Location hidden

#36 Jul 29, 2014
serfs up wrote:
Tens of millions of people were savers several years ago. They are not anymore. The next downturn is coming. Not including the millions of vacant homes just in our housing market to keep prices artificially higher since the bust several years ago will not last. They will go down again as the aging population and their younger relatives live more and more together for survival. In a decade or so there will be over 20 million empty houses or homes not generating a mortgage or anything else. Sleight of hand in everything we do.
Million's have invested in the Stock Market, as their savings...but, you knew that....Working American's 401K's have almost tripled, since 2009.....
serfs up

Ormond Beach, FL

#37 Jul 29, 2014
Go Blue Forever wrote:
<quoted text> Million's have invested in the Stock Market, as their savings...but, you knew that....Working American's 401K's have almost tripled, since 2009.....
Soon the government will confiscate a percentage of those 401's, pensions, and everything else it seems necessary for its operation. You don't own those notes when all is said and done. The new word is "BUY INS". When it comes to the common man, how many are stock market savvy? You know, the ones you just feel have been screwed over. How about eliminating every pesky little federal tax to start. How about giving the common peon four to five per cent interest in his savings accounts and stop with these games. Oh we can't. Because the real deficits are high and they would mushroom to trillions of dollars a year easily with massive inflation because we tied ourselves into a corner. But you should know that. Your like the play Evita....."I kept my promise, you keep your distance". Guilt from a hundred miles away from the problem. There will be a massive correction of the stock market and there will be another housing collapse. And those on fixed incomes will be screaming holy hell in a few years as the false CPI figures based for COLA'S keeps under counting the real inflation by massive percentages.

Since: Oct 12

Location hidden

#38 Aug 3, 2014
serfs up wrote:
<quoted text> Soon the government will confiscate a percentage of those 401's, pensions, and everything else it seems necessary for its operation. You don't own those notes when all is said and done. The new word is "BUY INS". When it comes to the common man, how many are stock market savvy? You know, the ones you just feel have been screwed over. How about eliminating every pesky little federal tax to start. How about giving the common peon four to five per cent interest in his savings accounts and stop with these games. Oh we can't. Because the real deficits are high and they would mushroom to trillions of dollars a year easily with massive inflation because we tied ourselves into a corner. But you should know that. Your like the play Evita....."I kept my promise, you keep your distance". Guilt from a hundred miles away from the problem. There will be a massive correction of the stock market and there will be another housing collapse. And those on fixed incomes will be screaming holy hell in a few years as the false CPI figures based for COLA'S keeps under counting the real inflation by massive percentages.
Do you even believe any of your own shit?
kuda

Loveland, OH

#39 Aug 3, 2014
Go Blue Forever wrote:
<quoted text> Do you even believe any of your own shit?
That's the question I have about all tea partiers. Do they really believe the misinformation that they dish?

Since: Oct 12

Location hidden

#40 Aug 3, 2014
kuda wrote:
<quoted text>
That's the question I have about all tea partiers. Do they really believe the misinformation that they dish?
It's like they are on this path, that just get's shittier and shittier, and even if they wanted to, they can't wake up and see things as they really are....
kuda

Loveland, OH

#41 Aug 3, 2014
Go Blue Forever wrote:
<quoted text> It's like they are on this path, that just get's shittier and shittier, and even if they wanted to, they can't wake up and see things as they really are....
That's another vote for "delusional." Two for two so far. Thanks, Blue.

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