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Member since: Wed Jan 4, 2017, 07:15 PM
Number of posts: 5,991

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Trump needs $300 BILLION this week for the Treasury......


Well.....revenue is quickly declining because of those MASSIVE Corporate/RICH give away tax cuts. What a SHOCK!!!

"The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis. Federal revenue is declining because of President Trump's tax cuts, so the government needs to borrow more to make ends meet. At the same time, Washington's borrowing costs have climbed rapidly in recent months.

"The amount of debt coming on the market this week is extremely large," said Rick Rieder, global chief investment officer of fixed income at BlackRock, the world's largest asset manager."

Oklahoma going broke as fast as Kansas due to tinkle down economics..........

Same BS as was done in Kansas in 2013,give the fat cats a low tax rate--or ZERO as it was in Kansas and the economy will BOOM. BULLSHIT,it never works--never has,never will.

"I'm not scared to say it, because I love Oklahoma, and we are dying," said Republican state Rep. Leslie Osborn. "I truly believe the situation is dire." Oklahoma's woes offer the ultimate cautionary tale for other states considering trickle-down economic reforms. The outlook is so grim that some Republicans are willing to consider the ultimate heresy: raising taxes to fund education and health care, an idea that was once the exclusive province of Democrats.

"Without new recurring revenue, we can't fix these problems," said Osborn, who was ousted as chairwoman of the powerful House Appropriations and Budget committee for her outspoken support of tax increases.

The crisis has also placed the oil and gas industry, a sacred cow in Oklahoma, in an awkward spot since it sought the huge tax cut that is one of the biggest factors in the budget mess.

Gov. Mary Fallin and GOP leaders have been unable to reverse course because of a constitutional quirk that says any tax increase needs a three-fourth's majority vote of the Legislature. Despite broad GOP support for tax hikes, a small number of fiercely anti-tax Republicans have joined with the minority Democrats to derail attempts to raise revenue. Democrats complain that most of the tax plans unfairly target the poor.


One half TRILLION added to the National Debt in 10 weeks.........

I posted about this about to happen a couple of weeks ago. It actually happened on March 15th,that's a half TRILLION $$$$ added to the National Debt in just ten weeks. Wonder if CNN could take a break from all the click bait ads to report on this?? This from a clown who was going to halve the ND in just a year or two and bitched endlessly about Obama and what he added.

Yeah well when someone drops what was essentially the Second Great Depression in your lap you will have to spend--or set there doing nothing like Hoover. This drastic rise in just ten weeks is nothing more than his fat 14% tax cut for Corporations--wait until it really gets traction in 2018 and the individual stuff kicks in.

Down to the last penny:


Don't look now but Trump is going to hit 1/2 Trillion added to the ND since Jan 1 in a week or two..

At nearly the same time he'll hit his first trillion added to the ND. That took a little over a year but in what will be a mere 70-80 days he will have racked up 1/2 trillion.

The loss of revenue from those Corporate tax cuts are already adding up. Wait until mid-April when 1st quarter est taxes are due and the amount coming in is squat compared to last year.

DOW DOWN 6 points right now---ROFLOL!

Either this plan passage is already baked into the DOW over the last few months or even Wall St. knows this is a POS.

24hrs after the Franken resignation rumor and not one accuser all day. Who'd a thunk it?

Republicans have only one thing to say: MISSION ACCOMPLISHED!!!!!

Franken and the last "groping" accuser

Seven Chicago cops yanked off the streets for trumped up drug arrests....

15 men exonerated of phony drug crimes. Now WHY to NFL players take a knee Trump??

"I started to look into it, and what we slowly realized this was ongoing, systemic, day-to-day corruption by not just Sgt. Watts and not just by his federally convicted co-defendant, Officer Kallatt Mohammed, but by a whole crew of officers that went on with impunity for over a decade on the south side Chicago housing projects."
Baker was freed last year after nearly 10 years in prison when the state's attorney dropped drug charges that Baker claimed were concocted by Watts and his crew"


Re-enrolled on the Marketplace yesterday........

The subsidies are still there for help but the Silver plan I had with BCBS is gone along with a $300 per month premium increase. The plan I'll have until August when I go on Medicare (if Trump hasn't thrown it in the dumpster) is a joke. It's really covers little with a deductible over $6,000. Basically catastrophic coverage and little else.

The plan I had last year--a Silver plan had a deduction of $500 and covered doctor and specialists visits with a small co-pay. To get a similar plan you'd have to go Gold and pay about $350 per month--and that's with subsidies. Last year before Trump started jacking with the ACA and scaring Insurers that plan was about $800+ per month,now $1136.00.

So middle class working slobs.... YOUR tax cut is your 401k or IRA.

Thanks for NOTHING Trump,we've had those available for decades so making a big deal that they "stay" in return for massive tax cuts for the ultra rich will fall on deaf ears.

King CON with his tax cut will explode the deficit and start the ball rolling on trillions added to the national debt. We've seen it before,hell we just got finished with four years of it in Kansas and ended up almost a BILLION in budget shortfalls to show for a zero percent tax rate for Corporations.

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