GOP and Trump put deficit on back burner

[ABX]

Meet the new boss, same as the old boss.

A serious case of fiscal amnesia may soon be sweeping the GOP.

For eight years, Republicans hammered President Barack Obama for exploding the national debt. But now a GOP-led spending spree is coming, with Donald Trump riding to the White House on trillion-dollar promises and a Republican Congress that looks likely to do his bidding. It’s a potential echo of the last time Republicans ran Washington, when then-Vice President Dick Cheney memorably remarked, “Deficits don’t matter.”.....

http://www.politico.com/story/2016/11/deficit-donald-trump-republicans-231372

[Free Vulcan]

We are getting to the point where even a slight rise in interest rates will means interest will start sucking up major portions of tax revenue. Everything we add just lowers that magic number.

It's really going to hurt if we go into a recession and deficits start ballooning again. Now we're just doing it for the hell of it apparently.

[Oceander]

It used to be called the Twilight Zone.  Now it's the Trump Zone. 

[Just_Victor]

This article is pure unadulterated speculation.

[LMAO]

This article is pure unadulterated speculation.

Perhaps.

But if history is any guide......

[GAJohnnie]

Perhaps.

But if history is any guide......

No "perhaps", just fact. Let wait an see actions rather then let the 92% anti Trump reporting "News Media' tells us what to think

[Lando Lincoln]

My gosh.  Nobody knows that yet.  I wish we could have a media that reports what they know.  Otherwise, their conjecture is no better than mine.

[LMAO]

No "perhaps", just fact. Let wait an see actions rather then let the 92% anti Trump reporting "News Media' tells us what to think

We do know that Trump wants to increase spending. Has said so in his own words.I judge Donald Trump by his own words. Not what the "news media" tells me to think

The only speculation is the Republican controlled Congress going along with this

[LMAO]

Fifty bucks to one's favorite charity says Trump's first budget proposal is the same or higher than BHO's last

[jmyrlefuller]

No "perhaps", just fact. Let wait an see actions rather then let the 92% anti Trump reporting "News Media' tells us what to think

Has he shown anything so far that would indicate he would balance the budget?

[Frank Cannon]

No "perhaps", just fact. Let wait an see actions rather then let the 92% anti Trump reporting "News Media' tells us what to think

Put the crack pipe down. Donny has said that he would deal with the deficit by borrowing as much as he possibly can and then defaulting.

The deficit isn't on the back burner. It was taken off the stove and fed to the raccoons out back.

[Cripplecreek]

Not a surprise. Trump promised big spending on big govt.

[Hoodat]

Fifty bucks to one's favorite charity says Trump's first budget proposal is the same or higher than BHO's last

That is a certainty.

[Hoodat]

We are getting to the point where even a slight rise in interest rates will means interest will start sucking up major portions of tax revenue

Not if we Balance the budget now.  Future rises in interest rates affect future borrowing.

[Cripplecreek]

Put the crack pipe down. Donny has said that he would deal with the deficit by borrowing as much as he possibly can and then defaulting.

The deficit isn't on the back burner. It was taken off the stove and fed to the raccoons out back.

Didn't he promise twice as much spending as Clinton?

[ConstitutionRose]

Put the crack pipe down. Donny has said that he would deal with the deficit by borrowing as much as he possibly can and then defaulting.

The deficit isn't on the back burner. It was taken off the stove and fed to the raccoons out back.

http://www.politifact.com/truth-o-meter/article/2016/may/16/closer-look-donald-trumps-comments-about-refinanci/
He did say that and more.  Very 

[LMAO]

http://www.politifact.com/truth-o-meter/article/2016/may/16/closer-look-donald-trumps-comments-about-refinanci/
He did say that and more.  Very 

Congress may have something to say about that

[LMAO]

Conservatives should not cheer, or ignore the GOP's deficit spending after railing against BHO and Pelosi's.

On the bright side, Democrats will care about deficits again

[LMAO]

 If this comes to pass, Democrats and the left will be having a field day. And I can't say I'd blame them

[Hoodat]

Has he shown anything so far that would indicate he would balance the budget?

He certainly didn't campaign that he would.  Nothing ever posted on his campaign website about it.  Not even his supporters made mention of it.

But we do know that he proposed a $1 trillion Obama-style 'stimulus' bill.  And then of course there's that wall to be built.  Not sure why he expects Mexico to pay for it when the US won't pay its own bills.  Maybe Mexico can simply print up the money just as the US government is currently doing.

[LMAO]

He certainly didn't campaign that he would.  Nothing ever posted on his campaign website about it.  Not even his supporters made mention of it.

But we do know that he proposed a $1 trillion Obama-style 'stimulus' bill.  And then of course there's that wall to be built.  Not sure why he expects Mexico to pay for it when the US won't pay its own bills.  Maybe Mexico can simply print up the money just as the US government is currently doing.

One would like to believe that pressure will be put on him in regards to upcoming spending proposals he has made but I caught Hannity this afternoon and it sounded Hannity no longer has any interest in controlling spending anymore

[Free Vulcan]

Not if we Balance the budget now.  Future rises in interest rates affect future borrowing.

True, but our average maturity is 6 years. Unfortunately they thought it'd be cool to shove the debt into short term. So if rates tick up and stay there, we'll roll into them pretty fast.

[Frank Cannon]

Congress may have something to say about that

There are like 3 politicians in the entire country who would pass up spending large sums of money, especially when they are in control of where it goes.