Obama proposes $3.99 trillion budget, sets up battle with Republicans

[I AM NOT THAT GUY 5,715]

That is only because the debt ceiling has been suspended ending at midnight March 15th and the Treasury can borrow all the money it wants to.

The bill calls for suspending a cap on government borrowing until March 16, 2015, allowing the U.S. Treasury to sell debt as necessary. In a major retreat by conservative Republicans, the legislation contains no spending cuts or other conservative policy riders, marking the first time since 2009 Congress has passed a "clean" debt limit.

http://www.wsj.com/articles/SB10001424052702303704304579379140420941048

[I AM NOT THAT GUY 5,715]

09/30/2014

17,824,071,380,733.82

09/30/2013

16,738,183,526,697.32

09/30/2012

16,066,241,407,385.89

09/30/2011

14,790,340,328,557.15

09/30/2010

13,561,623,030,891.79

09/30/2009

11,909,829,003,511.75

Edited February 3, 2015 by I AM NOT THAT GUY

[LostInAK 43]

09/30/2014

17,824,071,380,733.82

09/30/2013

16,738,183,526,697.32

09/30/2012

16,066,241,407,385.89

09/30/2011

14,790,340,328,557.15

09/30/2010

13,561,623,030,891.79

09/30/2009

11,909,829,003,511.75

Hmm that look like the debt increased by ~6 trillion (so far) on Obama's watch. Surely that's wrong.

[I AM NOT THAT GUY 5,715]

It is only three months into FY 2015 and the debt has already increased 300 billion. If the trend continues, the Treasury will have to borrow at least another trillion this year, about the same as they borrowed last year.

[I AM NOT THAT GUY 5,715]

That is just over $3000 for every man, woman, GID, and child in the USA today.

[I AM NOT THAT GUY 5,715]

And yes, if we just ask the top 1% to pay an extra $300,000 each, the Treasury would not have to borrow any money at all.

Edited February 3, 2015 by I AM NOT THAT GUY

[luckytxn 2,265]

Obama the Socialist will just say that it is called sharing the wealth. Who can hate when people share?

Hmm that look like the debt increased by ~6 trillion (so far) on Obama's watch. Surely that's wrong.

[Trumplestiltskin 5,791]

You may find this interesting (at least more interesting than throwing silly labels around):

http://www.wsj.com/articles/BL-REB-30486

Some actual analysis here.

[LostInAK 43]

You may find this interesting (at least more interesting than throwing silly labels around):

http://www.wsj.com/articles/BL-REB-30486

Some actual analysis here.

Since you posted it, I dismiss it out of hand as useless and trivial. Probably more left wing propaganda.

[Mr. Big Dog 10,747]

Yes, The Wall Street Journal is well known to be a communist rag.

[Trumplestiltskin 5,791]

Since you posted it, I dismiss it out of hand as useless and trivial. Probably more left wing propaganda.

That's as good a public admission of ignorance as anything you've posted. If that's how you choose to be perceived that's your prerogative. I don't know why anyone would want that, but there you go.

[LostInAK 43]

That's as good a public admission of ignorance as anything you've posted. If that's how you choose to be perceived that's your prerogative. I don't know why anyone would want that, but there you go.

I suppose I dismiss it out of hand, because over the years I've rearely seen you add anything relevant or insightful to the discussion. So why waste my time clicking links you post?

[Trumplestiltskin 5,791]

Over the years eh? But you joined on January 22...

I suppose the other question us why you would rather choose to waste more time telling me you're not going to click a link I posted than you have on the topic as a whole.

I don't want an answer from you Kip, you just outed yourself and admitted that you are posting from a sock puppet account. Not very smart.

Edited February 3, 2015 by Hail Ming!

[LostInAK 43]

Over the years eh? But you joined on January 22...

I suppose the other question us why you would rather choose to waste more time telling me you're not going to click a link I posted than you have on the topic as a whole.

I don't want an answer from you Kip, you just outed yourself and admitted that you are posting from a sock puppet account. Not very smart.

What makes it a sock puppet account? I only have one account. I'm not violating the TOS in any way. As far as posting and not clicking the link, that comes right out of your playbook.

[Trumplestiltskin 5,791]

The fact that you've been here 'years' and you started the account on January 22nd and you only post in the general off topic forums.

Don't misunderstand, I don't care about this sort of thing but I'm not the person who's opinion matters on the subject.

Anyway, my post was the last on topic post in this thread so perhaps we can get back to that. I suggest if you have any personal issue with me that you take it to PM.

Thank you