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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: locogringo who wrote (1087648)	9/11/2018 8:25:17 AM
From: Celtictrader	Read Replies (1) \| Respond to of 1583400

Romney assails Republicans' silence on growing deficit Khorri Atkinson 8 hours ago axios.com Utah Senate candidate Mitt Romney on Monday called out Republicans for failing to fight for their longtime goal of lowering the country’s deficit, arguing that the party has "become silent" on the issue. "Republicans have been shouting about this as long as I can remember. ... But now that Republicans are in charge in Washington, we appear to have become silent about deficits and debt." — Romney in a statement on his Senate campaign website. Why it matters: The national deficit grew by 20% ($75 billion) over the past year, partially due to President POS Trump's tax cuts, and is expected to balloon to $1 trillion by 2020, according to the Congressional Budget Office's latest report. Republicans also passed a sweeping $1.3 trillion spending bill earlier this year which has contributed to the rise. MITT ROMNEY axios.com

To: locogringo who wrote (1087648)	9/12/2018 9:07:07 AM
From: Celtictrader	1 Recommendation Recommended By sylvester80 Read Replies (1) \| Respond to of 1583400

U.S. on course for $1 trillion deficit(Thanks POS Dtrump) Photo: Mark Wilson/Getty Images The U.S. deficit grew by $222 billion from this time last year — reaching a total of $895 billion, according to the nonpartisan Congressional Budget Office. Why it matters: This increase was due mostly to the new Republican tax law and Congress' routine decision to increase spending, which grew by 7% compared to revenue growth of only 1%. The CBO says the deficit will approach $1 trillion by the end of Fiscal Year 2019. Editor's note: This post was corrected to reflect that the CBO did not change their estimate of when the U.S. would approach a trillion dollar deficit. (We had incorrectly stated they changed their current estimate from one in April.) NATIONAL DEBT