Federal Government Spending - comparing two presidential terms

Federal Government Spending - comparing two presidential terms

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w

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One of my favorite non partisan (right leaning) organizations "Committee for a Responsible Federal Budget" put together a VERY detailed report of the relative impacts that Trump and Biden presidencies have had on US national debt.

The results are quite striking, my fellow fiscal conservatives. One of these two presidents has done a much better job as steward of tax dollars.

Non-covid net 10 year debt approved:
Trump $4.8 Trillion
Biden $2.2 Trillion

Let's not confuse things. Both of these numbers are really bad. Both numbers should be zero. But they're not.

I post this report mostly for the so called small government folk on this forum who think that's what they get with Trump. These numbers are not fake news. I will go with the lower number, always.

https://www.crfb.org/papers/trump-and-biden-national-debt

Lake Como

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@wildgrass said
One of my favorite non partisan (right leaning) organizations "Committee for a Responsible Federal Budget" put together a VERY detailed report of the relative impacts that Trump and Biden presidencies have had on US national debt.

The results are quite striking, my fellow fiscal conservatives. One of these two presidents has done a much better job as steward of tax dolla ...[text shortened]... will go with the lower number, always.

https://www.crfb.org/papers/trump-and-biden-national-debt
This cud be discussed ad infinitum. For instance, millions saw their income increase under Trump by$6000 annually***. I’m not saying it is good or bad. But I AM saying that you are on the one hand saying he spent more than Biden….but, for what? He held inflation at 1.4%. Did he blow money on EV and solar and climate control while holding inflation at 1.4%?? Follow me here…Biden in three years has increased prices across the board by 22%. (Starting at zero w Trump). So you cannot deny this windfall to families from Trump..to have it go to families. All good for Americas people although y’all say he only thinks of himself? Biden’s economy is simmering, shrouded, in hell while he touts the comparison with Trump, but you ignore the big picture as usual. Maybe Trump spent a lot on military to protect you and the parasite college grads, so give him hell for that?
Oh, I forgot you and Shav (the free housing guy) don’t WANT more military. I do. See how there are so many ways to look at it. You libs are try pollyannas.

***Families under Biden?? Their income is ‘reduced’ by $2300. Can you believe I didn’t write that above,,,?
As my granny says, it’s just too much.

w

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@AverageJoe1 said
This cud be discussed ad infinitum. For instance, millions saw their income increase under Trump by$6000 annually***. I’m not saying it is good or bad. But I AM saying that you are on the one hand saying he spent more than Biden….but, for what? He held inflation at 1.4%. Did he blow money on EV and solar and climate control while holding inflation at 1.4%?? Follow me ...[text shortened]... by $2300. Can you believe I didn’t write that above,,,?
As my granny says, it’s just too much.
You bring up a lot of other numbers there, other than federal spending.

Are you saying that Trump spending more, more federal money went to your pocket? You get a check from trump and call it income?

I'm against that.

Consider that $4.8 trillion that trump went over budget. That works out to $14,201 per US citizen.

So if youre only making $6,000 more than you were, i'd say we the taxpayer are being ripped off.

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@wildgrass said
One of my favorite non partisan (right leaning) organizations "Committee for a Responsible Federal Budget" put together a VERY detailed report of the relative impacts that Trump and Biden presidencies have had on US national debt.

The results are quite striking, my fellow fiscal conservatives. One of these two presidents has done a much better job as steward of tax dolla ...[text shortened]... will go with the lower number, always.

https://www.crfb.org/papers/trump-and-biden-national-debt
why are you repeating what a corrupt media says? have you not caught on yet?
and btw...our pockets are full, plenty of gas in the car and a bountiful table full of food.


"In my humble opinion, another worthwhile approach is to consider how much the presidents spent and accrued taxpayer money during their own presidencies.

Rather than focusing on overall debt levels, the Treasury allows us to break down federal outlays and revenues by month. According to this data, Trump spent $5.9 trillion more than he brought in from January 2017 to December 2020.

To compare that to Biden, we use two parts: adding together the existing Treasury data from January 2021 through September 2023, $5.3 trillion in compound deficit, and then the deficit projection by the CBO for fiscal 2024, which runs from October 2023 through September of this year, $1.9 trillion. The total then comes to about $7.2 trillion. It’s not a perfect four-year comparison, but it comes close. This is also a more meaningful measure than merely comparing the overall levels of debt held by the public because of the Treasury’s idiosyncratic excess cash reserves during the pandemic."

"
https://www.washingtonexaminer.com/opinion/3059708/even-covid-trump-spent-trillions-less-than-biden/

Lake Como

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@wildgrass said
You bring up a lot of other numbers there, other than federal spending.

Are you saying that Trump spending more, more federal money went to your pocket? You get a check from trump and call it income?

I'm against that.

Consider that $4.8 trillion that trump went over budget. That works out to $14,201 per US citizen.

So if youre only making $6,000 more than you were, i'd say we the taxpayer are being ripped off.
Not me. But yes, average families. Funny you say that you are against free money. Your statement proves several of my points. The tuition payoff costs each citizen $3526 on average. From a taxpayer to a loser parasite. Sorry, but is what they are.
So you are FOR losers getting free money? Or not? Makes me dizzy. This has been a month of conflict for libs on the forum.

PS: yes, lot of unrelated numbers in postings which compare numbers. Did I not just say that in my above post. It is impossible to discuss and compare. Thankyou very much.
Could you believe a few mos ago that Marauder said it cost no money to pay the loans off? It shifted the burden from the debtors to the taxpayers, 83% of whom were not even involved in this travesty.

$3526. Google it. Per taxpayer. Flakes like Sue say it is all good for education or some such. Up to now, It has been fine. Oh, u must need we need more help for illegals. What DO yall mean anyway?

Just google ‘3526 per taxpayer’. Just that. You need not type the word tuition, or $, or loser….just that.

w

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@Mott-The-Hoople said
why are you repeating what a corrupt media says? have you not caught on yet?
and btw...our pockets are full, plenty of gas in the car and a bountiful table full of food.


"In my humble opinion, another worthwhile approach is to consider how much the presidents spent and accrued taxpayer money during their own presidencies.

Rather than focusing on overall debt ...[text shortened]... https://www.washingtonexaminer.com/opinion/3059708/even-covid-trump-spent-trillions-less-than-biden/
CRFB is not corrupt nor is it the media. They ran the analysis twice, both with and without pandemic-related spending.

In both cases Trump spent double.

It looks like the Washington examiner is using silly math. They write this brilliant sentence:
CRFB’s strategy is to compare all the spending bills and executive orders signed by each president and tally up their net increases and decreases to the national debt. While this approach is laudable in its attempt to determine the long-term effect of presidential policies, it ignores the responsibility of successors to modify policies they dislike

😂
Wash examiner is about the most trump friendly biased media source imaginable. The still write that Biden did a bad thing by not repealing all the bloat and junk excess spending that trump signed while was he was president?

You post this to make trump look good?

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@wildgrass said
CRFB is not corrupt nor is it the media. They ran the analysis twice, both with and without pandemic-related spending.

In both cases Trump spent double.

It looks like the Washington examiner is using silly math. They write this brilliant sentence:
[quote]CRFB’s strategy is to compare all the spending bills and executive orders signed by each president and tally up th ...[text shortened]... ess spending that trump signed while was he was president?

You post this to make trump look good?
I post it because it is true. hows that money in your pocket they keep telling you that you have?

you libs like to be lied to...end of story

w

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@Mott-The-Hoople said
I post it because it is true. hows that money in your pocket they keep telling you that you have?

you libs like to be lied to...end of story
The extra money you brag about literally came from the government. This data is from an unbiased, non media source shows that Biden has been tightening the purse strings by a lot since trump left. Your source blames Biden for not repealing trump bloat.

It's my only issue as a voter. Spend less, earn my vote.

w

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@AverageJoe1 said
Not me. But yes, average families. Funny you say that you are against free money. Your statement proves several of my points. The tuition payoff costs each citizen $3526 on average. From a taxpayer to a loser parasite. Sorry, but is what they are.
So you are FOR losers getting free money? Or not? Makes me dizzy. This has been a month of conflict for libs on the foru ...[text shortened]... oogle ‘3526 per taxpayer’. Just that. You need not type the word tuition, or $, or loser….just that.
I know, I know, the student loans. Terrible .

I assure you the cost of the loan debt was included in this comparative analysis.. trump still overspends double what Biden has done at the end of the day.

Both numbers are terrible. Just a suck wave of debt heaved on our children.

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@wildgrass said
I know, I know, the student loans. Terrible .

I assure you the cost of the loan debt was included in this comparative analysis.. trump still overspends double what Biden has done at the end of the day.

Both numbers are terrible. Just a suck wave of debt heaved on our children.
"I assure you the cost of the loan debt was included in this comparative analysis."

LMFAO

w

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@Mott-The-Hoople said
"I assure you the cost of the loan debt was included in this comparative analysis."

LMFAO
Maybe just bow out of this one, Mott. Your nervous "I don't know what is happening" laughter is bugging everyone out.

Still processing your analysis criticizing Bidens spending because he didn't roll back Trump's extravagant spending.

MB

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@wildgrass said
One of my favorite non partisan (right leaning) organizations "Committee for a Responsible Federal Budget" put together a VERY detailed report of the relative impacts that Trump and Biden presidencies have had on US national debt.

The results are quite striking, my fellow fiscal conservatives. One of these two presidents has done a much better job as steward of tax dolla ...[text shortened]... will go with the lower number, always.

https://www.crfb.org/papers/trump-and-biden-national-debt
Compare that to Wilson and FDR's debt.
I can cherry pick too.

w

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@Metal-Brain said
Compare that to Wilson and FDR's debt.
I can cherry pick too.
Umm, of course you can cherry pick but you are awfully brazen to then ask ME to do the analysis for you. 🤔

Which one is on the ballot this year? Should I vote for Woodrow?

Madison Square Garde

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@wildgrass said
Maybe just bow out of this one, Mott. Your nervous "I don't know what is happening" laughter is bugging everyone out.

Still processing your analysis criticizing Bidens spending because he didn't roll back Trump's extravagant spending.
Yeah, that ashole brings nothing to the table. Little mott can hang with the big boys.

MB

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@wildgrass said
Umm, of course you can cherry pick but you are awfully brazen to then ask ME to do the analysis for you. 🤔

Which one is on the ballot this year? Should I vote for Woodrow?
Where is your praise for Andrew Jackson?

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