Drudge Retort: The Other Side of the News
Tuesday, September 11, 2018

The U.S. deficit grew by $222 billion from this time last year -- reaching a total of $895 billion, according to the nonpartisan Congressional Budget Office. According to the CBO: Corporate income tax receipts fell by $71 billion (or 30 percent), reflecting payments for the 2017 and 2018 tax years. About one-third of the decline occurred in June. Collections in June were mostly estimated payments for tax year 2018, when several provisions of P.L. 115-97 took effect, including the new lower corporate tax rate and the expanded ability to immediately deduct the full value of equipment purchases.

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Good thing we put those "fiscal conservatives" in charge.

#1 | Posted by JOE at 2018-09-11 06:11 PM | Reply | Funny: 1 | Newsworthy 8

Donald J. Trump
@realDonaldTrump

Our deficit spending is China's gain. @BarackObama is bankrupting our country.
10:17 AM · Sep 23, 2011

The recession was made worse by @BarackObama. A $900Billion deficit is not getting better.
3:09 PM · Feb 15, 2012

#2 | Posted by JOE at 2018-09-11 06:21 PM | Reply | Newsworthy 2

--Congress' routine decision to increase spending,

Just wait until Democrats control the House. They have a long list of expensive xmas presents.

#3 | Posted by nullifidian at 2018-09-11 06:26 PM | Reply | Funny: 1 | Newsworthy 1

Its funny how the deficit only matters to the Libs when the GOP controls the purse strings...and vice versa.

#4 | Posted by Rightocenter at 2018-09-11 07:16 PM | Reply | Funny: 1 | Newsworthy 2

Obama decreased the deficit as the economy improved.
Trump increased the deficit while the economy is peaking.

Math has a liberal bias now.

#5 | Posted by bored at 2018-09-11 07:42 PM | Reply

"You're going to be so sick and tired of winning."

#6 | Posted by IndianaJones at 2018-09-11 07:44 PM | Reply

We just want an honest discussion

Wait. What?

Sincerely

The Entire "conservative" DR Cesspool

#7 | Posted by ChiefTutMoses at 2018-09-11 08:20 PM | Reply

Just wait until Democrats control the House. They have a long list of expensive xmas presents.

#3 | POSTED BY NULLIFIDIAN

That's pure BS.

Democrats have their pet projects and programs, but looting the U.S. Treasury of trillions of dollars via 2 Bush Tax Cuts and Trump's Tax Cut is what Republicans do.

#8 | Posted by PinchALoaf at 2018-09-11 08:39 PM | Reply | Newsworthy 7

very rich people are privy to a lot of info we never get to see. that being said, most people wouldn't understand and besides that are not in a financial position that would make that knowledge relevant, like me. i truly believe that we're going to see some real upheavals in the not to distant future. how in hell can you talk in terms of trillions of dollars? those are figures cosmologists use..converted to light years. they're pilfering the world in expectation of a coming meltdown.

#9 | Posted by ABlock at 2018-09-12 08:48 AM | Reply | Newsworthy 1

Where are our resident "fiscal conservatives?"

You mean to tell me this doesn't matter to them anymore?

#10 | Posted by JOE at 2018-09-12 09:32 AM | Reply

Just wait until Democrats control the House. They have a long list of expensive xmas presents.

#3 | Posted by nullifidian at 2018-09-11 06:26 PMFlag: (Choose)FunnyNewsworthyOffensiveAbusive | Newsworthy 1

I won't totally disagree with you but please comment on the article posted. I'd like to get your thoughts.

#11 | Posted by lfthndthrds at 2018-09-12 10:29 AM | Reply

"They have a long list of expensive xmas presents."

Education and infrastructure v. tax cuts for the wealthiest?

Too much Kool-Aid in your diet.

#12 | Posted by Danforth at 2018-09-12 10:31 AM | Reply | Newsworthy 1

As Trump said to his economic adviser Cohn, just print more money to cover the deficit or as Cheney said, deficits don't matter.

#13 | Posted by danS at 2018-09-12 10:51 AM | Reply

The country is broke. Most of its residents are in crazy debt. America is on the edge. Wouldn't take much to send it reeling.

#14 | Posted by 2020hindsight at 2018-09-12 11:02 AM | Reply | Newsworthy 1

#14 No surprise that the macro is consistent with the micro:

Trump is broke. Most of his family is in crazy debt. They are on the edge. Wouldn't take much to send them reeling.

#15 | Posted by Gal_Tuesday at 2018-09-12 11:07 AM | Reply

I won't totally disagree with you but please comment on the article posted. I'd like to get your thoughts.

#11 | POSTED BY LFTHNDTHRDS

He wants to pretend the article doesn't exist. It exposes his and the Republican party's hypocrisy. That is why he is deflecting to whataboutism.

#16 | Posted by gtbritishskull at 2018-09-12 11:27 AM | Reply

--That is why he is deflecting to whataboutism.

Whatabout those LA Rams? Looking good.

#17 | Posted by nullifidian at 2018-09-12 11:34 AM | Reply

Democrats have their pet projects and programs, but looting the U.S. Treasury of trillions of dollars via 2 Bush Tax Cuts and Trump's Tax Cut is what Republicans do. - #8 | Posted by PinchALoaf at 2018-09-11 08:39 PM
Bush's temporary tax cuts?
The American Taxpayer Relief Act of 2012 (ATRA), which President Obama signed into law last night, makes permanent 82 percent of President Bush's tax cuts.
Are you calling President Obama a Republican now?

#18 | Posted by Avigdore at 2018-09-12 11:36 AM | Reply

Are you calling President Obama a Republican now?

#18 | POSTED BY AVIGDORE

Yes, an Eisenhower Republican, like most of the current Dem "establishment" types. The Dems abandoned FDR's party when McGovern went down in flames. When Goldwater got stomped, on the other hand, the Republicans doubled down, created the "southern strategy" and set up a propaganda infrastructure that brings us to where we are today.

Dems abandoned their left wing, while the Republican right wing took over their party. It appears to have been quite a successful strategy. It does require a lot of cynicism, though.

#19 | Posted by WhoDaMan at 2018-09-12 11:50 AM | Reply

--Congress' routine decision to increase spending,
Just wait until Democrats control the House. They have a long list of expensive xmas presents.
#3 | POSTED BY NULLIFIDIAN AT 2018-09-11 06:26 PM | FLAG: | FUNNY: 1 | NEWSWORTHY 1

Its funny how the deficit only matters to the Libs when the GOP controls the purse strings...and vice versa.
#4 | POSTED BY RIGHTOCENTER

You say that....

But Obama CUT the deficit substantially. So did Clinton.

And each Republican administration blows it back open again.

So want to try again?

#20 | Posted by Sycophant at 2018-09-12 12:03 PM | Reply | Newsworthy 1

Sycophant,

Congress, specifically the House, controls the purse strings.

#21 | Posted by JeffJ at 2018-09-12 12:21 PM | Reply

Haha

33% rise in 1 year

It's someone else's fault In other words, the "republicans" "conservatives" republicans" keep voting for are at fault

#22 | Posted by ChiefTutMoses at 2018-09-12 12:27 PM | Reply

"Congress, specifically the House, controls the purse strings."

Which party controls Congress, specifically the House?

#23 | Posted by snoofy at 2018-09-12 01:01 PM | Reply

Deficits only matter when the Democrats are in charge and they try to pass programs that actually HELP the People.

#24 | Posted by donnerboy at 2018-09-12 01:54 PM | Reply

"Which party controls Congress, specifically the House"
"Which party controls Congress, specifically the House"

you are missing jeffyjs point

What jiffyj is insinuating is that the republican congress is what is responsible for reeling in Obamas deficit.
He of course has nothing to say about the republican congress adding 33% more to the deficit in a year, after Obama

Cause "honest" discussion" and all that malarkey

#25 | Posted by ChiefTutMoses at 2018-09-12 02:35 PM | Reply | Newsworthy 1

Sycophant,
Congress, specifically the House, controls the purse strings.

#21 | POSTED BY JEFFJ

The Senate has to pass the budget resolution.

And budgets are based upon Executive Branch requests...

And all of this is COMPLETELY MOOT. Because the deficit is not from spending. It's from Republicans repeatedly giving away huge tax cuts without spending offsets. It's a damn INCOME problem.

#26 | Posted by Sycophant at 2018-09-12 04:56 PM | Reply | Newsworthy 1

I'd argue that it's a spending problem. But, we can agree to disagree about that.

#27 | Posted by JeffJ at 2018-09-12 05:01 PM | Reply

I'd argue that it's a spending problem. But, we can agree to disagree about that.

#27 | Posted by JeffJ

Yeah we're SPENDING too much on tax cuts for people who already own 10 yachts.

#28 | Posted by SpeakSoftly at 2018-09-12 05:29 PM | Reply

--Yeah we're SPENDING too much on tax cuts for people who already own 10 yachts.

Tax cuts aren't spending. Expenditures are spending. Only Statists believe that taxpayer money belongs to the State.

#29 | Posted by nullifidian at 2018-09-12 05:33 PM | Reply

"Tax cuts aren't spending"

Then I guess it's impossible and utterly nonsensical for tax cuts to pay for themselves.

Glad we cleared that up, but good luck explaining it to conservatives!

#30 | Posted by snoofy at 2018-09-12 05:44 PM | Reply

"Only Statists believe that taxpayer money belongs to the State.
POSTED BY NULLIFIDIAN"

Who did Iran's money frozen after Iran took our hostages belong to?

Obama gave it to Iran, right? That means it was Uncle Sam's money, right?

#31 | Posted by snoofy at 2018-09-12 05:47 PM | Reply

"Tax cuts aren't spending"

They are when it comes to the math equation; the rest is just nomenclature. What your proffering is a distinction without a difference.

#32 | Posted by Danforth at 2018-09-12 05:59 PM | Reply

Common sense suggests going back to the last time there was a balanced budget and starting from there. If you cut taxes and don't cut spending commensurately, you're creating deficits. If you adjust the tax rate to pay for your spending, it comes back into equilibrium. But if you cut taxes specifically for the purpose of forcing budget cuts, you're a coward, and deserve to be called out as a math idiot.

#33 | Posted by Danforth at 2018-09-12 06:06 PM | Reply

Tax cuts aren't spending. Expenditures are spending. Only Statists believe that taxpayer money belongs to the State.

#29 | Posted by nullifidian

Another post, another example of nulli spouting republican talking points.

Only fox news morons think money is earned without the assistance of the state.

Go live on a desert island, work real hard, and see how rich you get.

#34 | Posted by SpeakSoftly at 2018-09-12 06:07 PM | Reply

--fox news

Drink!

#35 | Posted by nullifidian at 2018-09-12 06:13 PM | Reply

--What your proffering is a distinction without a difference.

No it's not. It's using language correctly. The government can purchase goods and services. That's spending. Cutting the amount it forcibly takes from the taxpayers is not spending.

#36 | Posted by nullifidian at 2018-09-12 06:16 PM | Reply

--If you cut taxes and don't cut spending commensurately, you're creating deficits.

If the macroeconomic effects don't increase revenues, then yes, you need to cut spending, just like any fiscally responsible household has to do.

#37 | Posted by nullifidian at 2018-09-12 06:19 PM | Reply

No it's not. It's using language correctly. The government can purchase goods and services. That's spending. Cutting the amount it forcibly takes from the taxpayers is not spending.

#36 | Posted by nullifidian

You're arguing semantics because you can't win the ethics argument. What you are arguing for, no matter your choice of vocabulary, is more of the economic pie going to the rich and less going to everyone else.

Whining about spending is Paul Ryan speak for balancing the budget by reducing care for the elderly and sick instead of raising taxes on people with yachts, private jets, and congressmen in their pockets.

#38 | Posted by SpeakSoftly at 2018-09-12 06:43 PM | Reply | Newsworthy 1

--You're arguing semantics because you can't win the ethics argument. What you are arguing for, no matter your choice of vocabulary, is more of the economic pie going to the rich and less going to everyone else.

I'm not arguing anything of the sort. I'm not arguing for or against tax cuts. It's you that are playing semantics by calling a tax cut a spending increase. I was in favor of the evil Steve Bannon's proposal, when he was in the whitehouse, of a new 44% bracket.

#39 | Posted by nullifidian at 2018-09-12 07:01 PM | Reply

Please forgive my ignorant and facile way of trying to understand this, but it appears the problem is the money in circulation is being diverted to the very rich, and the very rich are not being taxed enough to get the money back into circulation. So it is piling up in their bank accounts.

#40 | Posted by madscientist at 2018-09-12 07:04 PM | Reply

I'm not arguing anything of the sort. I'm not arguing for or against tax cuts. It's you that are playing semantics by calling a tax cut a spending increase.

#39 | Posted by nullifidian

And youre playing semantics by saying the taxation is the government FORCIBLY taking YOUR money, as if you earned it all by yourself without using any roads, bridges, public safety, or educated citizens.

Any money anyone earns is done with the assistance of the government, therefore the government has a fair claim to part of it. Only greedy self centered ------ can't see that.

And only heartless ------ think the way to balance the budget is to take more from the poor instead of the rich.

#41 | Posted by SpeakSoftly at 2018-09-12 07:12 PM | Reply

"Cutting the amount it forcibly takes from the taxpayers is not spending."

Start from zero.

Now find me one civilization which didn't tax and spend.

If you want to enter the conversation, you have to admit taxes are the price of civilization. Only then can we decide what the right balance should be.

#42 | Posted by Danforth at 2018-09-12 09:42 PM | Reply

Let us not worry how we are ever going to correct this deficit. We should also never worry about paying that 22 trilliongorillion national debt back either. The ones that loaned it to us are ok with that, otherwise they would have never loaned it to us USA deadbeats in the first place.

Who are "they" anyhoo?

#43 | Posted by mutant at 2018-09-12 09:52 PM | Reply

"Who are "they" anyhoo?"

Well, grandma now, mom & dad next, and...you, eventually. Folks in other countries are holding some debts as well, but nowhere near as much as your fellow Americans.

#44 | Posted by Danforth at 2018-09-12 10:00 PM | Reply

Nulli's fiscally nonsensical point of view has An Inconvenient Truth lurking inside.

Just because the government has less to spend, it doesn't actually mean we spend less.
Especially when Republicans are in control.
We just borrow and add to the debt.

#45 | Posted by snoofy at 2018-09-12 10:23 PM | Reply

rhetorical question, my friend, it is impossible to ever pay that debt back ever and we should just rename it something else like quantum etherealnessivism.

the us paper dollar does say "in god we trust" so it is obvious we are god for this brief moment of earthly existence.

let us spend this infinite "wealth" on fun stuff like moon bases, magnetic levitation, supercars, hot womenz, exotic animals, and bong rips and shot rounds for everyone.

poverty is a meme

republicans and democrats are binary conditioning to control the plebs, similar to picking a sports team. ever notice how there are no three or more team competition sports?

sucks to be third world

#46 | Posted by mutant at 2018-09-12 10:41 PM | Reply

"republicans and democrats are binary conditioning to control the plebs"

If you think their equations are the same, you need to retake basic math.

Just to see how tied to reality you are, whose equation is better for you? Whose is better for America?

#47 | Posted by Danforth at 2018-09-12 10:53 PM | Reply

Neither as has been proven for the last thirty years. We could do better. We could be worse though.

Calc 4 was easy compared to politics

#48 | Posted by mutant at 2018-09-12 11:18 PM | Reply

Imaginary number "i" makes more sense than the fake political news...should have majoed in pych or medieval women studies.

Begone with your recent math enlightenment....this is a mideastern cooking art discussion board correct?

#49 | Posted by mutant at 2018-09-12 11:22 PM | Reply

"Neither as has been proven for the last thirty years."

Absolute nonsense.

"Calc 4 was easy compared to politics'

You must have skipped adding and subtracting.

#50 | Posted by Danforth at 2018-09-12 11:27 PM | Reply

Hmmm....my investments and general happiness have risen over the last thirty years so you must be onto something....or not. I am postulating that it really does not matter what side "wins" as they both generate similar net results. Now those on the fringes of both side may disagree.

America is a game that is rigged but you can come out ok at the end with effort. But don't get too worked up such as a sports fanatic rooting for "your" hometeam. There is no such thing.

#51 | Posted by mutant at 2018-09-12 11:40 PM | Reply

"they both generate similar net results."

You could not be more wrong.

Are you using real math, or Republican Math™?

#52 | Posted by Danforth at 2018-09-12 11:42 PM | Reply

"those on the fringes of both side may disagree."

So may those who understand the concept of greater than and lesser than.

#53 | Posted by Danforth at 2018-09-12 11:44 PM | Reply

Why are we still fighting and spilling blood in the eastern hemispere? Neither side ended that messopatamia. Both are at fault.

#54 | Posted by mutant at 2018-09-12 11:44 PM | Reply

Did you just learn math or something? You aren't that witty when you constantly bring that up in your discussion and or attempted rips. Give it up.

#55 | Posted by mutant at 2018-09-12 11:46 PM | Reply

Lately my investments have been greater than the last eight years....before that the last year before obama is was less than due to the massive recession. Why are you so acutely obtuse?

#56 | Posted by mutant at 2018-09-12 11:49 PM | Reply

Please don't rip on my spelling or grammars now mister. It's so irrelevant to the subject but par for the course.

#57 | Posted by mutant at 2018-09-12 11:52 PM | Reply

"Lately my investments have been greater than the last eight years."

And how did they do the last time a Republican was president?

"Why are you so acutely obtuse?"

Because you won't answer a simple question about an easy equation.

"Please don't rip on my spelling or grammars "

Not to worry; your logic is plenty.

#58 | Posted by Danforth at 2018-09-12 11:54 PM | Reply

"you constantly bring that up in your discussion"

I'm constantly stunned so many Republicans weren't paying attention in class. You just claimed the net was roughly equal. Do you actually believe as much?

#59 | Posted by Danforth at 2018-09-13 12:05 AM | Reply

Bush's temporary tax cuts?

The American Taxpayer Relief Act of 2012 (ATRA), which President Obama signed into law last night, makes permanent 82 percent of President Bush's tax cuts.

Are you calling President Obama a Republican now?

#18 | POSTED BY AVIGDORE

Bush's two tax cuts were so temporary they did them twice. Then, Trump comes along and does them again. Since when is three times ever considered temporary?

Obama cut your taxes with his 2009 stimulus. Obama also took those tax cuts from Bush that were aimed at regular working Americans and tried to codify them, per your link.

The Devil is always in the details -- it helps if you actually know what you're talking about.

#60 | Posted by PinchALoaf at 2018-09-13 10:52 AM | Reply

--Yeah we're SPENDING too much on tax cuts for people who already own 10 yachts.
Tax cuts aren't spending. Expenditures are spending. Only Statists believe that taxpayer money belongs to the State.

#29 | POSTED BY NULLIFIDIAN

Why? You give the government money and get a product: laws, military protection, roads, schools, etc.

Only an idiot would pretend their money belongs solely to them and they owe nothing for these benefits.

#61 | Posted by Sycophant at 2018-09-13 04:59 PM | Reply | Newsworthy 2

And all of this is COMPLETELY MOOT. Because the deficit is not from spending. It's from Republicans repeatedly giving away huge tax cuts without spending offsets. It's a damn INCOME problem.
#26 | POSTED BY SYCOPHANT AT 2018-09-12 04:56 PM | FLAG: | NEWSWORTHY 1

I'd argue that it's a spending problem. But, we can agree to disagree about that.
#27 | POSTED BY JEFFJ

And you'd be wrong. Spending was already in place. The deficit jump came from tax cuts.

You want to reduce the deficit? Either raise income or cut spending first and quit with the tax cuts. One party is dragging this country down the road to financial ruin and it isn't the Democrats.

#62 | Posted by Sycophant at 2018-09-13 05:01 PM | Reply | Newsworthy 1

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