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US deficit to hit record high, surpassing $1 trillion in 2019
The White House projection contrasts sharply with the president's campaign promises

Lily PuckettNew York @lilypuckett
Wednesday 17 July 2019 22:34

The US deficit is projected to surpass $1tn in 2019, the largest it’s been outside of the four-year period following the Great Recession.

The new record, previously expected but made official in the White House Office of Management and Budget’s newly released mid-year review, subtitled "Promises Kept, Taxpayers First," is in direct contrast with Donald Trump’s 2016 campaign promise to wipe out the deficit.

The then-candidate also promised to heavily scale back the federal debt, which has now exceeded $22tn. His own advisers knew that both promises were impossible, and they morphed into smaller numbers along the trail.

Now, while running the country while simultaneously running for president, the president simply maintains that the economy is “perhaps the greatest economy we've had in the history of our country." This claim is often cited in conjunction with the Trump administration’s many tax cuts for the wealthy.

“The years when we increased deficits are years when the economy is slowing down,” Gary Cohn, a previous director of the National Economic Council, told CNBC last year.

But Republicans have maintained that the 2017 tax reform law, and many losses to federal regulations to support economic equality, would stimulate the economy.

Last week, Larry Kudlow, the top White House economic adviser, said we have already “virtually paid for” the tax cuts. He also claimed last June that the deficit “is coming down rapidly.” It was not.

Still, the deficit increase wasn’t unexpected. Deficits rose after tax cuts from Ronald Reagan and George W. Bush, both Republicans. Economic forecasters on both sides projected the pattern would repeat with the Trump iteration. The new estimate confirms that they were right.

The Trump Administration / Border boondoggle
« on: September 24, 2019, 11:42:39 AM »
What intelligent people already know

The Trump Administration / Trump to cure cancer
« on: August 01, 2019, 01:35:18 PM »
As President Trump officially kicked off his 2020 campaign in Orlando Tuesday night, he made sweeping promises to tackle two of mankind's most dreaded diseases. In front of the crowd at a packed Amway Center, Mr. Trump said his administration would work to cure cancer and again vowed to eradicate AIDS if he's elected to a second term.

The president spent much of his speech attacking familiar foes and restating his position on issues like immigration. But he also said his administration will "come up with the cures" to devastating diseases.

"We will push onward with new medical frontiers," Mr. Trump said. "We will come up with the cures to many, many problems, to many, many diseases including cancer and others. And we're getting closer all the time."

White House Proposes 12 Percent Cut to NIH Budget in Fiscal 2020
Mar 11, 2019 | staff reporter
NEW YORK (GenomeWeb) — President Donald Trump today proposed a 12 percent decrease in funding to the National Institutes of Health as part of the White House's budget plan for fiscal 2020.

In the proposal — called A Budget for a Better America — President Trump seeks $34.37 billion for the NIH in the coming fiscal year, a figure that includes $492 million in resources made available through the 21st Century Cures Act and $150 million in mandatory funding. The NIH is funded at $39.31 billion for the current fiscal year.

The White House budget plan calls for cuts across all NIH agencies in fiscal 2020 including the National Cancer Institute, which would see its funding fall $897 million to $5.25 billion; the National Human Genome Research Institute, which would lose $80 million in funding to $495 million; the National Institute of Allergy and Infectious Diseases, which would be allocated roughly $4.75 billion, down $769 million; and the National Heart, Lung, and Blood Institute, which would experience a $486 million funding reduction to $3.0 billion.

There is already a cure for cancer. However, big pharma, who basically owns Congress, can’t make big bucks off of it. So, they keep bribing Congress to vote against legalizing it.

The Trump Administration / No group is safe
« on: July 13, 2019, 11:42:45 AM »
Jon Soltz, Contributor
Iraq War Veteran, Chairman
40-Year Navy Veteran Scammed by #DonTheCon and Trump University
06/01/2016 04:26 pm ET Updated Jun 02, 2017
Yesterday, Donald Trump was shamed into giving out money to veterans’ groups that he claimed he raised months ago, and cut a check for vets groups, which he also lied about cutting for several months.

His excuse?

“It’s called vetting,” he said. “We vet the vets.”

As in, Trump needed months to pore over research, to ensure that every dollar donated went to a worthy cause. 


In just seconds, VoteVets, and many reporters, used Google to find out that one of the groups, the Foundation for American Veterans, had a warning issued to consumers about it, from the Better Business Bureau.  And its taxes showed that roughly 75 percent of what it raised had never reached veterans, at all.  It also received an F rating from Charity Watch.

Further, the Associated Press found that many of the groups contacted said they never heard from Trump until a Washington Post story broke that discovered that Trump never raised the $6 million he claimed to, and never wrote the $1 million check he claimed to.  The report said about half never saw a check until the Post broke the story.

So, he lied. He lied to veterans, and he lied to the American people.  He wasn’t vetting for four months.  He simply didn’t raise what he claimed, he didn’t write a check he claimed he had, and he thought no one would bother to look into it.  Had the Washington Post not investigated, Donald Trump would still be lying today, still scamming veterans out of the money he said he raised for them.

Now, we find out that not only is he scamming veterans’ groups, but Trump scammed a 40-year Navy veteran out of $26,000 for Trump’s seemingly fraudulent “university.”
This vet was a huge fan of Trump.  He trusted that Trump wouldn’t scam him.  He was wrong.  God knows how many other veterans Trump preyed on, to bleed them dry of their money.

I can’t say it enough - Donald Trump holds veterans in such low regard, and targets us for his scams so much because he has absolutely no respect for what we have sacrificed.

You don’t say you “like people who weren’t captured” if you respect us.  You don’t try to kick disabled veterans out from in front of your building, and say they’re “downgrading” the area, if you respect us.  You don’t say avoiding STDs was your “personal Vietnam,” if you respect us.  And you damned sure don’t do that when you got five deferments from Vietnam, so someone else could go and sacrifice, because you were too afraid.

Look out America, for #DonTheCon.  A guy who has no problem scamming veterans will have absolutely no qualms about scamming you.

In another veteran’s broadside against the president on Thursday, journalist Elliott Woods, who served in Iraq with the Virginia Army National Guard, mocked Trump’s fascination with outmoded military tanks in a world of sophisticated insurgencies and cyberwarfare. Woods said in an op-ed for The New York Times that Trump, who avoided the draft with a medical deferment for bone spurs, has “never been closer to warfare than has a child playing on the floor with toy tanks and green plastic army men.”

Trump’s “fondness for tanks is part of the insidious nostalgia that undergirds his entire ‘Make America Great Again’ ideology,” Woods wrote. Trump has “promised his followers that he can take them back to that time — and they seem ready to believe him.”

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