The US Treasury posted a $316 billion budget deficit in May, the third-largest on record.

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by AlphaFlipper

18 comments

  1. Overpromised. Underdelivered. Claimed they “owned the libs”. Distracted the public, typically with racism, from the actual issues and from the irreversible damage to society and economy they’ve done. That, in a nutshell, is the Republican playbook under Trump.

  6. They’ll cut taxes on the wealthy and combined with the absolute hollowing out of the IRS, the deficit will hit $3T+ a lot faster than folks might think. Disastrous administration.

    Don’t worry though, tariffs. It’s sort of like inflation because prices go up but with tariffs, profit gains are minimal and wage growth completely non-existent. Yay.

  7. Maybe we shouldn’t have lowered taxes, and should have cut from the DoD.

  8. Not much longer we can get rid of income taxes and only rely on tarrifs.  /s

  10. $23 billion is better than zero and doing nothing.

  11. It isn’t Trump deficit. It is all Biden’s! /s

  13. Don’t forget the interest in debt is now 7% of gdp too lol

  15. To quote GOP VP Dick Cheney: “Reagan proved that deficits don’t matter.” The GOP ALWAYS increases the deficit and the debt ceiling, then starts crying and pretending to care about it, and so refusing to do it, but only under Democrat presidents.

  18. Do you know what? Keep going.

    Let’s be in no doubt in 12-24 months how disastrous this administration has been, how clueless they are, how bereft of any ideas the right are and how fascism is a carcinogen that eventually consumes itself.

    Fuck Trump. Fuck MAGA. Fuck bad faith arguments. Fuck strawmans and fall guys. This is wholly and squarely on Trump, his administration and his followers.

    Disgrace.

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