More good news, courtesy of the worst socialist in United States history. The United States Treasury Department released figures for the first 11 months of the fiscal year, showing that the United States budget deficit has narrowed by 22%, while accelerated economic growth boosted tax receipts. This comes on the heels of a Congressional Budget Office…
Alan Colmes is the publisher of Liberaland.
Tom Ward September 12th, 2014 at 14:51
Excellent news, it’s about time.
“The fastest growing expenditure so far for the year has been categories
including Social Security, Medicaid, and subsidies for health insurance
under Obamacare. Student loan costs are also included in those figures.”
Correct, Alan, without those increases in expenditure there would be even less of a deficit, and even less debt.
mea_mark September 12th, 2014 at 16:05
I don’t think that is accurate, time will tell though. The money going toward SS, Medicaid and ACA should have returns in stimulating the economy and boosting tax receipts. As well as fixing the VA and the money going there. More jobs are being created in the healthcare industry and all the industries surrounding it. It is possible that they these additional expenditures may help to speed up the recovery even more and shrink the deficit to the point that maybe we can start to make a dent in the debt.
SteveD September 12th, 2014 at 21:13
You mean the $64,694,064,000,000.00 in Public Debt Redemptions paid off so far in fiscal year 2014 (ending on Sept. 30, 2014)? You mean that $64 trillion? ref:https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=14091000.txt
Tom Ward September 12th, 2014 at 14:51
Excellent news, it’s about time.
“The fastest growing expenditure so far for the year has been categories including Social Security, Medicaid, and subsidies for health insurance under Obamacare. Student loan costs are also included in those figures.”
Correct, Alan, without those increases in expenditure there would be even less of a deficit, and even less debt.
mea_mark September 12th, 2014 at 16:05
I don’t think that is accurate, time will tell though. The money going toward SS, Medicaid and ACA should have returns in stimulating the economy and boosting tax receipts. As well as fixing the VA and the money going there. More jobs are being created in the healthcare industry and all the industries surrounding it. It is possible that they these additional expenditures may help to speed up the recovery even more and shrink the deficit to the point that maybe we can start to make a dent in the debt.
SteveD September 12th, 2014 at 21:13
You mean the $64,694,064,000,000.00 in Public Debt Redemptions paid off so far in fiscal year 2014 (ending on Sept. 30, 2014)? You mean that $64 trillion? ref:https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=14091000.txt
William September 12th, 2014 at 14:57
Yeah…but…..but…
William September 12th, 2014 at 14:57
Yeah…but…..but…
juicyfruityyy September 12th, 2014 at 16:15
Congrats President Obama!!
juicyfruityyy September 12th, 2014 at 16:15
Congrats President Obama!!
Roctuna September 12th, 2014 at 17:33
I look forward to the feature by Neil Cavuto on faux business
Roctuna September 12th, 2014 at 17:33
I look forward to the feature by Neil Cavuto on faux business
fancypants September 12th, 2014 at 23:39
Never mind alan I WANT TO RAISE MY VOICE and tell you we don’t have time to talk about this ! ISIS will be here soon to attack us Don’t you understand ?
fancypants September 12th, 2014 at 23:39
Never mind alan I WANT TO RAISE MY VOICE and tell you we don’t have time to talk about this ! ISIS will be here soon to attack us Don’t you understand ?