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Interesting that the article indicates it may be due to the fed cuts, doge and tarrifs?
It's only one month but if this trend continues this may show Trump's plans are working https://finance.yahoo.com/news/us-treasury-just-shocked-americans-130700143.html |
| Lol, people buying in bulk trying to stock up before the tariffs kick in. We're actually headed for a recession as the middle and lower class are squeezed too much and the wealthy get weathier. |
| I'm not trusting Bessent or his fake denture smile |
| I suppose it's "working" for you if you're cool with federal programs being gutted caprociously. |
Capriciously, that is. |
| The problem is that these changes were made without the legally required approvals from Congress. |
Maybe it can be a new word meaning “in an atrociously capricious manner,” which is accurate. |
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fed cuts? You mean the layoffs and buyouts? We're still paying all of those people through 9/30 or 12/31 (depending on what they took), so there's been no cost benefit thus far. And then once they no longer get salary, the government starts paying pensions which are still $$. I know in my office we will need to hire new people (so then we can pay the pension of the prior people and then the salaries of the new) because the work load is too high.
Most of the feds are being replaced by contractors who cost more money. |
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It's just monthly "noise". They are still expected to hit the debt ceiling in late summer/early fall.
https://bipartisanpolicy.org/press-release/uncertainty-x-date-march-2025/ |
| What a dodo post. |
| We need to cut spending. I don’t think Trump had the right approach but we need to do this. Now. |
But Trump isn't cutting spending. He's keeping the budget steady and increasing tax cuts thus creating more debt. |
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Did you even read the article?
The vast majority of the revenues were income tax revenues because...duh...it's the month of April. Tariffs were a blip, as were DOGE cuts. Also, if stocks don't keep producing capital gains due to tariffs, or there is a recession...the deficits will be way worse. May will swing back to a large deficit. |
| So start paying off the debt and get our credit rating back. |
Spending upwards of 50 million for a military parade to celebrate his birthday is completely tone deaf. One can’t scream cuts for everyone now and then do things like that better Completely unnecessary and only benefit one’s ego. |