" NEITHER PARTY HAS ANY INTEREST IN REDUCING THE DEFICIT."
Hmmm...neither party except for the one in BLUE. Can you guess which color Tom votes for?

" NEITHER PARTY HAS ANY INTEREST IN REDUCING THE DEFICIT."
Hmmm...neither party except for the one in BLUE. Can you guess which color Tom votes for?

20 year old charts don't count. Who has shown any interest in reducing the deficit the last 10 years? The answer is nobody
2015 was 20 years ago? Wow, time flies!
The last two socialist, free-shit presidents (using Boilerman's definition) reduced the deficit upon leaving office. There has been not one Republican president who has done that in your voting lifetime.
So there's that.
Originally posted by: tom
ood example - Da Wall ! And everything else encompassed by the 750 billion of defict added since Trump took office. - COSTS HAVE INCREASED AT A FASTER RATER THAN REVENUE GROWTH. THE BIGGEST DRIVER TO THE DEFICIT IS SOCIAL SPENDING. NEITHER PARTY HAS ANY INTEREST IN REDUCING THE DEFICIT.
bad example = Obamacare whose payment mechanisms went beyond its price tag and reduced the deficit - OBAMACARE TAXES KICKED IN PRIOR TO THE EXPENSES OF THE PROGRAM; SO IT REALLY DIDN'T REDUCE THE DEFICIT
Tom, there are and were no such things as "Obamacare taxes." Obamacare is an insurance program, paid for by premiums.
there are and were no such things as "Obamacare taxes."
Wrong
Took effect Jan. 2013): A new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single)
86 Billion: Hike in Medicare Payroll Tax (Took effect Jan. 2013)
$65 Billion: Individual Mandate Excise Tax and Employer Mandate Tax (Both taxes took effect Jan. 2014):
$60.1 Billion: Tax on Health Insurers (Took effect Jan. 2014):
$22.2 Billion: Tax on Innovator Drug Companies
$20 Billion: Tax on Medical Device Manufacturers (Took effect Jan. 2013)
$15.2 Billion: High Medical Bills Tax – increased the deduction from 7.5% to 10%
5 Billion: Medicine Cabinet Tax (Took effect Jan. 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959
$4.5 Billion: Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D (Takes effect Jan. 2013) Bill: PPACA; Page: 1,994
$4.5 Billion: Codification of the “economic substance doctrine” (Took effect in 2010): This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113
$2.7 Billion: Tax on Indoor Tanning Services (Took effect July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons.
Originally posted by: PJ Stroh
2015 was 20 years ago? Wow, time flies!
The last two socialist, free-shit presidents (using Boilerman's definition) reduced the deficit upon leaving office. There has been not one Republican president who has done that in your voting lifetime.
So there's that.
After increasing the deficit by $10 trillion, PJ seems to think that obama was a cost cutter
Bingo - because I understand the difference between the words "debt" and "defict". Clearly you dont - even after 10 years of posting here. I cant help you with that.
What I can do is point to how the deficit shrunk by 60% under Obama and increased by 100% since Trump took over. These are facts and not subject to what "I think".
have a great day!
Tom doesn't realize that Obamacare didn't go into effect until 2014, so most of the taxes he mentions--which I haven't verified the accuracy of--weren't "Obamacare taxes." Anyway, once again, you don't pay taxes for having Obamacare--you pay premiums.
Tom is really, really dense re the difference between "debt" and "deficit." We've tried to explain it to him, to no avail. He just wants to scream about Obama and ignore the damage that Trump is doing. There's no reasoning with him.
They were passed with the obamacare bill, thereby they are taxes. These taxes took effect priorto the implementation of the law, so the taxes rather than being used to fund obamacare, they were tossed into the general revenue, thereby reducing the deficit.
So pj's claim that obama reduced the deficit is false, because the money that should have been reserved for obamacare wound up in the general revenues.
"2015 was 20 years ago?"
Probably the same math they use to justify trickle down economics eh??