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TomCADem

(17,390 posts)
Sun Nov 25, 2018, 06:40 PM Nov 2018

Breaking News: Trump demands action to reduce deficit, pushes new deficit spending

Here is the latest news regarding Trump officials discussing what passes for policy debates in the Trump administration.

https://www.msn.com/en-us/news/politics/trump-demands-action-to-reduce-deficit-pushes-new-deficit-spending/ar-BBQ4CBu?li=BBnbcA1

President Trump is demanding top advisers craft a plan to reduce the country’s ballooning budget deficits, but the president has flummoxed his own aides by repeatedly seeking new spending while ruling out measures needed to address the country’s unbalanced budget.

Trump’s deficit-reduction directive came last month, after the White House reported a large increase in the deficit for the previous 12 months. The announcement unnerved Republicans and investors, helping fuel a big sell-off in the stock market. Two days after the deficit report, Trump floated a surprise demand to his Cabinet secretaries, asking them to identify steep cuts in their agencies.

This account of Trump’s deficit stance is based on conversations with 10 current and former officials in the White House and Congress. They spoke on the condition of anonymity to describe internal deliberations or private conversations. The White House has not responded to repeated requests for comment.

Administration officials have, for now, crafted a sparse plan that would recycle past proposals and call on Congress to trim federal spending on a variety of programs, two White House officials said.


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Breaking News: Trump demands action to reduce deficit, pushes new deficit spending (Original Post) TomCADem Nov 2018 OP
First, we repeal his tax cut for billionaires... kentuck Nov 2018 #1
Pay $2 for a basket of range balls then keep half of them to shoot the holes that are not near the NightWatcher Nov 2018 #2
It's like clockwork. OneBro Nov 2018 #3

NightWatcher

(39,343 posts)
2. Pay $2 for a basket of range balls then keep half of them to shoot the holes that are not near the
Sun Nov 25, 2018, 06:48 PM
Nov 2018

clubhouse.

You can save quite a bit on golf balls this way.

OneBro

(1,159 posts)
3. It's like clockwork.
Sun Nov 25, 2018, 07:09 PM
Nov 2018

When republicans control the purse they run up the nations's credit card while cutting taxes on the top 1%, all supposedly in the name of spurring the economy when they are really just lining their pockets. Then, when Democrats control the purse the republicans suddenly go into thrift mode because, well, look at the ballooning national debts republicans just ran up. Must be time to cut entitlements. It's enough to make you want to holler!

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