patrick.net

60% of This Year’s Deficit Is the Result of Tax Cuts and Other Recent Legislation: CRFB



The federal deficit for fiscal 2019 is projected to climb to around $900 billion, or $118 billion more than last year, according to estimates from the Congressional Budget Office. Most of that total — $540 billion — is the result of legislation passed since 2015, according to a new report by the Committee for a Responsible Federal Budget.

The budget watchdog group calculates that the tax cuts passed by Republicans in 2017 will cost $230 billion this year, or 25 percent of the projected deficit. A bipartisan 2018 deal to increase spending over two years will cost another $190 billion in 2019, representing 21 percent of the expected deficit.

Without those two major pieces of legislation and other laws passed since 2015, this year’s deficit would be $360 billion (or 1.7 percent of gross domestic product), the lowest since 2007.

“Fixing our debt will now require reversing the harm that has already been done with unpaid-for tax cuts and spending increases, in addition to confronting the rising costs of Social Security and Medicare with spending changes and/or additional revenue,” CRFB says.

http://www.thefiscaltimes.com/2019/03/18/60-Year-s-Deficit-Result-Tax-Cuts-and-Other-Recent-Legislation-CRFB

Kakistocracy says

Trump will continue to publicly go on record saying he does not mind if the full Mueller Report if released knowing full well Baar, McConnell and others will never let it happen.

Then he can say honestly (for once) see I stated publicly many times I was for the full release however other members of the Administration and the Senate have seen otherwise so there is nothing I can do about that.

If they are serious about it, Congress will have to restore the law they made post-Watergate scandal, which expired in 1999. Without the guidance of that special law,
https://www.pbs.org/wgbh/pages/frontline/shows/counsel/office/primer.html
the AG must refer to Department of Justice practices and mandates.
https://www.washingtonpost.com/politics/2019/03/22/when-mueller-finishes-his-report-what-will-people-be-told/?utm_term=.338692d7501d
Specifically: “While the rules allow him to release it, they specifically cite Department of Justice policy that generally says prosecutors should not talk about people who are investigated but not charged to protect them from having their reputations smeared. During Barr’s confirmation hearing, Democrats in Congress pushed him to commit to release the full report, but he repeatedly declined to do so.”

Basically, it’s a judgement call and Barr went this way on it. Opening this can of worms further will only put Democrats further into the soup.

Kakistocracy says

This is going to be fun.

I agree.

While some of the more experienced Dems smell a trap, the Maddows and the Schiffs are walking right into it, because Trump is laughing as they develop a whole new set of conspiracy theories and then when the report is released, it will show all the ranting and raving to be just as Over the Top.

Quigley says

Basically, it’s a judgement call and Barr went this way on it

A convenient call by a convenient AG appointment. Baar was informed three weeks ago by Mueller he would not be reaching any deicsions so Baar had ample time to write those four god awful long pages.

The scenario will play out exactly as I described - Trump continues to appear stating over and over he does not care, mind whatever that the full report gets released - why ?

He knows it will never ever happen. He can safely tell that story over and over all the way to November 2020 and not be lying (for once) since he knows full well whatever reason(s) Baar and McConnell do not want the American people to see will not be seen.

lets all must stop working and borrow money. Someone surely will lend it to us!

Fact: Every Trump AG let Mueller do whatever he wanted.

Also, it's funny that Hillary's Medical Records, which probably run 100s of pages, "were summarized" into a one sided piece of paper and a few paragraphs with minimal facts.

MisterLearnToCode says

it will show all the ranting and raving to be just as Over the Top.

Is something going to come out to show the same about the hysterical ranting and raving about Ocasio Cortez or is she this year's Hillary and Pocahontas ?

Hard to believe one woman is the object of so much obsession - and fear too.

MisterLearnToCode says

Fact: Every Trump AG let Mueller do whatever he wanted.

Perhaps - but he won't let that report come out - rather his appointees won't and McConnel won't - for some reason.

But let us now dwell on Potus, lets bring back Hillary and Barrack to deflect and detract attention away.

Kakistocracy says

A convenient call by a convenient AG appointment.

Q: If he hadn’t been confirmed in time, to whom would the report have been delivered?
A: Deputy AG Rosenstein.
Fun fact: Rosenstein agreed with Barr that there was not enough evidence to charge Trump with a crime.

So your argument that a different AG would have delivered a different result falls apart.

That was easy!

Quigley says

So your argument that a different AG would have delivered a different result falls apart.

That is your argument, please show me exactly where I stated that. I said the appointment was convenient, having a bathroom right off my bedroom is also convenient.

I know the "fun fact" also.... try harder

This is one big game going on right now and more than Potus is involved.

Kakistocracy says

Perhaps - but he won't let that report come out - rather his appointees won't and McConnel won't - for some reason.

One thing we do know is Mueller said No Collusion. And we can bypass proving there are no orbiting teapots in L3.

It's a game, and the Dems are falling into it.

One of the best things the Trump Admin has going for it is that his opponents honestly believe he is inept.

MisterLearnToCode says

his opponents honestly believe he is inept

As a leader - yes, he is inept.

As an honest person able to tell the truth on a routine basis - yes, he is inept.

As a con man and grifter - no. This is the one area he excels in.

The Media becomes more and more unhinged and untrustworthy; their credit is now at an all time low.



I disagree - I think Brennan abused his former office more than anybody else.

The prosecution had no other choice- what do you think would become of a gay black man in prison? Terrible things?

Kakistocracy says

In the meantime, though, this is turning into exactly the sort of scandal Trump loves.

It’s about a black person, so he can be racist.

It’s about a political opponent, so he can be conspiratorial.

And it’s about a celebrity, so he knows there’s a lot of press interest.

Is it a good use of the president of the United States’ time? Of course not.

Will his supporters cheer him on anyway for dipping his totally unbiased fingers into this situation? Probably.

Do I deeply wish I hadn’t gotten out of bed this morning? You know it.

Do you think, given the Police Report and Prosecutor's Summary and Grand Jury Indictments, that Smollett is innocent?

Do you think Rahm Emmanuel and the Chicago Chief of Police are working for Donald Trump?

How long before Smollett dedicates his time and resources to tracking down the 2AM White MAGA Hat wearers, just like OJ's attempts to find the real killers.

Kakistocracy says

It’s about a black person, so he can be racist.

Head meet sand.

d6rB says

Kakistocracy says

In the meantime, though, this is turning into exactly the sort of scandal Trump loves.

Should not have allowed Smollett to get off - now Trump holds moral high ground. As it looks now, raycist is not Trump, but people who allowed a black celebrity get off from a well-deserved punishment.

We all know the left cant help but play the racist card, even when it is pure projection. Take that forecast to the bank

CBOEtrader says

We all know the left cant help but play the racist card, even when it is pure projection. Take that forecast to the bank

This is gonna play out just like Broward after Parkland.

All the minority superintendents, commissioners, etc. "You questioning our management, unspent school security money, etc. IS RACIST!!!".

Ah yes - fake news meme again - round and round it goes, where it stops, no one knows but it sure won't be at the Oval Office - for anything - ever.

When is that famous "buck" going to make a stop at the desk in the oval office at 1600 Pennsylvania Avenue again ? Sometime before November of 2020 I hope.

God only knows it has not been for lack of need or want or deserving.

Justice Department insiders just dropped a massive bomb on Robert Mueller, revealing his Special Counsel team concluded MONTHS BEFORE the 2018 midterm elections there was no proof linking Donald Trump or his campaign to colluding with Russians during the presidential election.

Yet Mueller did not divulge his team’s findings until this week, five months after the 2018 midterm elections.

“The most important portions of the investigation were concluded in August (2018),” a high-ranking Justice Department official said. “(Rod) Rosenstein was briefed and it was common gossip and well-known nothing had been pinned on Trump and it was wrapping up.”

August 2018, in fact, is three months before the Nov. 2018 elections, where and when all of the Democrats running against Republicans for House and Senate seats used Trump’s fabricated ties with Russia as campaign platforms. And they won and won big at the cost of the Republicans. And on the back of a massive lie.

Meanwhile, Mueller sat on his team’s intelligence that cleared Trump of any and all allegations involving Russia and colluding or working with Russia to facilitate the defeat of Hillary Clinton. And likewise, Rosenstein and former Attorney General Jeff Sessions also did not push for Mueller to release the results of his team’s probe.
https://truepundit.com/massive-doj-leak-reveals-mueller-finished-trump-russia-probe-months-before-2018-elections-kept-silent-while-dems-swept-midterms/


Here's an interesting leak : Mueller concluded no collusion before the Midterms.

Kakistocracy says

Ah yes - fake news meme again - round and round it goes, where it stops, no one knows but it sure won't be at the Oval Office - for anything - ever.

And the Russian Collusion Conspiracy Theory won't die.

As soon as the report is released, I suspect the Deadenders will pivot to "Well, Mueller is a Republican After All! Cover Up!"

MisterLearnToCode says

just dropped a massive bomb on Robert Mueller

Is that like the "Nune's Memo" that someone on here described in Hysterical Terms as going to end the investigation many many months ago ?

Notice on the interesting leak it say nothing about no obstruction etc.

MisterLearnToCode says

As soon as the report is released

Plenty of time to ponder the contents - plenty of time.

Kakistocracy says

Is that like the "Nune's Memo" that someone on here described in Hysterical Terms as going to end the investigation many many months ago ?

The investigation into Collusion ended in August 2018, according to leaks.

Kakistocracy says

Plenty of time to ponder the contents - plenty of time.

Oh yes, the Hoax Queen's followers will be writing books and posting on Democratic Underground for many, many years. It will still be a truth among hardcore Democrats when I go to collect my first Social Security Check.

MisterLearnToCode says

The investigation into Collusion ended in August 2018, according to leaks.

Is sure as hell didn't end within weeks or even months of the hysterical post now did it ?

Don't rush for the Social Security Check - I'm part of the group that is draining it before you get any and we don't need any more competition.

Kakistocracy says

The scenario will play out exactly as I described

When has that ever happened? lol

You were SURE that Trump was colluding and Muellar would prove this for months.

Latest Excuse: "Dey was wearing WHITEFACE!"

'They could have worn white face': Jussie Smollett lawyer offers bizarre explanation as to why the Empire actor told police his Nigerian assailants were white - and points to old video of one of them wearing make-up to play the Joker as potential proof
https://www.dailymail.co.uk/news/article-6860095/Jussie-Smolletts-lawyer-says-thought-brothers-white-wearing-make-up.html

MisterLearnToCode says

'They could have worn white face': Jussie Smollett lawyer offers bizarre explanation as to why the Empire actor told police his Nigerian assailants were white -

Wait a sec: the guy hires two black dudes to stage an attack on a certain day at a certain location but when attacked on said day at a said location by two dudes "in whiteface" he assumes that these are two completely different dudes attacking him "for reals"? Nobody can be THAT stupid, even fucking male bimbo from some soap opera cast.

Remember @Kakistocracy, the wise words of the Golden Child & Savior



I'd advise Clinton, Schiff, Maddow, etc. to stop whinging. Case Closed!

jazz_music says

The middle class is vanishing

This is impossible by definition.

Pretty convincing white face, looks Caucasian to me, probably Irish.

You got us, you caught Commandant Tatter.

I almost wish we were just to see a bullet hole put in Colbert and Soros's head.

Without due process of course!

MisterLearnToCode says

OK Jazz here's my definition of Fascism, presented as a factual representation through an illustration devoid of any hyperbole.
Now show me yours!

Ah get some of that Facist.

It's a shame the Liberals in Washington are a bunch of Animal Godless cretins that don't know how to behave, and are only there to obstruct Democracy.
That it has to come down to this.

https://dailycaller.com/2019/03/28/senate-nuclear-option-trump-nominee/

Fuck em in the Ass Commandant Tatter!

And Democrats are St. Mother Theresa

People bitching about FOX news really scare me. They are quite content with the fake news institution as a single cohesive unit bought and paid for by a Nazi Soros.
These are the same people that bitched about the Koch brothers mind you. But as it turned out, those two sorry cock suckers are just one of them. So in the past when they were bitching about the Koch brothers and the FOX news being beholden to them. They were bitching about their own guy, doing their own shit, for their own party.

When will Liberals ever figure out we're not trying to make them happy.

All titles -

Extinction Of The Middle Class
Militarized Police
Corporate Money Rules Politics

are correct in that all these are serious problems. However, explanations under them seem hyper-partisan. For example, why are Koch's singled out? Why not so-called "green" energy businesses which receive subsidies and are not very green and may contribute to hunger in world (corn ethanol)?

jazz_music says

Look at the rest of the article. Click on the link.

Did that. Analysis of police militarization, Secret Trade Agreements and Corporate Media Ownership are the only one that seems to be written without hyper-partisan ventilating.

Edit: if anything will change, it will be if reasonable people on left and right will find common ground and work together on what they agree. For example, left and libertarian right both dislike police militarization and secret trade agreements. Why not work together against those?