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An Anonymous Coward writes:

The White House OMB now projects the deficit will rocket to $890B this year and top $1T each year through 2021. [thehill.com]

In an annual budget review, the White House’s Office of Management and Budget (OMB) estimated that new legislation enacted since the release of its February budget — alongside new projections on other spending and receipts — would add $101 billion more to the 2019 deficit, pushing it above $1 trillion.

Rule of thumb: $1 trillion is about $3,000 more borrowed for every person in the United States. Every year.

There's never been a non-recession year when the deficit jumped by $225 billion - but that's what's happening this year.

The deficit under Trump will jump $420B a year from 2017 to 2019 according to the White House's new OMB projections. To put that in perspective, that delta is roughly equal to 2X the spending in the Affordable Care Act.

These deficits are as bad as they were during the worst part of the great recession. What I want to know is: Where are the tea party rallies protesting this utter and complete failure of fiscal responsibility? How many rallies were there from 2008 to 2016? Hundreds, if not thousands counting all the local small-town rallies. How many since the start of 2017? ZERO

Why is that?
You know the answer.

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