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You must hav missed my sarcasm lolWell that's certainly a stupid thing to say
Haven't you retained any of the information that's been provided during all your time in here?
How and why did Baby Boomers get all this hype? I remember learning about them in social studies when I was like 10. Why the **** I gotta learn about these old mfs that are a burden to our country?
The U.S. recorded a $215 billion budget deficit in February -- its biggest in six years -- as revenue declined.
Fiscal income dropped to $156 billion, down 9 percent from a year earlier, while spending rose 2 percent to $371 billion, the Treasury Department said on Monday. The deficit for the fiscal year that began in October widened to $391 billion, compared with a $351 billion shortfall the same period a year earlier, according to the Treasury report.
The data underscore concerns by some economists that Republican tax cuts enacted this year could increase the U.S. government debt load, which has surpassed $20 trillion. The tax changes are expected to reduce federal revenue by more than $1 trillion over the next decade, while a $300 billion spending deal reached by Congress in February could push the deficit higher.
Treasury Secretary Steven Mnuchin has said the tax cuts will pay for themselves through faster economic growth.
A combination of higher income tax refunds and a drop in the withholding of individual income and payroll taxes led to the reduction in receipts, according to an analysis by the Congressional Budget Office released last week.
“Increases in wages and salaries were more than offset by a decline in the share of wages withheld for taxes,” the CBO said. That trend reflects new guidance issued in January by the Internal Revenue Service over how much of employees’ paychecks should be withheld based on the new tax rules, according to the CBO.
The deficit in February was also impacted by the timing of certain payments, CBO said.
https://www.bloomberg.com/news/articles/2018-03-12/u-s-posts-biggest-budget-deficit-since-2012-as-tax-income-falls?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=politics&utm_medium=social&cmpid==socialflow-twitter-politics
U.S. Posts Biggest Budget Deficit Since 2012
- Revenue fell 9%, spending rose 2% in February: Treasury data
- Wider gap could fuel concerns about tax cut-driven debt load
The committee will interview no more witnesses and Republicans are in the process of preparing their final report, Rep. Mike Conaway (R-Texas) told reporters. A draft of that roughly 150-page report will be delivered to committee Democrats for review on Tuesday.
The draft document asserts that there is no evidence of collusion between the Trump campaign and the Russians, the most politically charged question examined by the committee.
It will also contradict an official U.S. intelligence community assessment that Russian President Vladimir Putin showed a “preference” for candidate Donald Trump during the election — another assertion that has been disputed by the president.
“We found no evidence of collusion,” Conaway said Monday. “We found perhaps some bad judgment, inappropriate meetings, inappropriate judgment in taking meetings — but only Tom Clancy could take this series of inadvertent contacts, meetings, whatever, and weave that into some sort of a spy thriller that could go out there.”
Further, he said, “We couldn’t establish the same conclusion that the CIA did that they specifically wanted to help Trump.”
The announcement is unlikely to herald any bipartisan conclusion to the central questions in an investigation that for over a year has been mired in investigatory offshoots, leaks and bitter fighting between committee members.
Republicans have said for months that they were ready to wind down the investigation, having found no evidence of collusion. Democrats paint a different picture, warning that Republicans are protecting the president by failing to conduct a serious investigation.
Conaway said Monday that he expects Democrats to make “extensive changes” to the draft report Republicans will deliver on Tuesday. Lawmakers from both parties have long said that Democrats would likely issue their own report.
The GOP report will confirm a broad-based Russian active measures campaign designed to sow discord during the 2016 election, as well as a “lackluster” pre-election response to that campaign.
It will also include “how anti-Trump research made its way from Russian sources to the Clinton campaign,” an apparent reference to the controversial Trump dossier compiled in part by former British spy Christopher Steele, who was hired by the research firm Fusion GPS.
“We will say that there was an attempt to use foreign sources with respect to the Clinton campaign,” Conaway said.
“It was clear that it there was — at least Steele and however much he talked and didn’t talk to Russians — that’s foreigners and that information was paid for by the DNC and the Clinton campaign,” adding that, “I don’t have any direct evidence that they knew about it.”
The GOP report will also include a section covering what the committee believes were criminal leaks related to the dossier, though Conaway said that the committee lacked the evidence to make a criminal referral to the Justice Department.
The draft report also includes recommendations for both Congress and the executive branch, centered on election security, government response to cyberattacks and support to European allies.
The investigation, launched in January of 2017, is coming to a close after lawmakers reviewed over 300,000 docs and interviewed 73 witnesses, including former White House chief strategist Steve Bannon, the president’s eldest son, Donald Trump Jr., and his son-in-law and senior adviser, Jared Kushner.
As initially conceived, the probe was tasked with four investigatory pillars, including the Russian interference effort, the government’s response to that campaign, leaks of classified information related to those matters and any ties between Russia and “individuals associated with political campaigns.”
Despite regular outbreaks of internecine fighting, the investigation has produced one of the most significant public developments in the Russia saga to date: It was at a public committee hearing that then-FBI Director James Comey revealed that the bureau was investigating the matter.
It was also the genesis of an ongoing GOP investigation into what some House Republicans say were gross abuses of U.S. surveillance authorities, spearheaded by chairman Devin Nunes (R-Calif.).
In a dramatic moment, Nunes stepped back from leading the investigation amidst a now-closed Ethics Committee investigation into whether he revealed classified information during an impromptu press conference last spring.
It was then that Conaway took over investigation, though Democrats have complained that Nunes continued to assert his authority behind the scenes. Nunes has insisted the Ethics Investigation, which cleared him of any wrongdoing, was a political sham.
Relations on the panel were further rocked early this year when committee Republicans forced the publication of a formerly classified memo prepared by Nunes’ staff alleging surveillance abuses, over the objections of both Democrats and the FBI.
Although Democrats were later permitted to release their own counter-memo, they have since called on Speaker Paul Ryan (R-Wis.) to remove Nunes from his post as chairman.
Committee Republicans have said that the investigations into surveillance abuses are separate from the Russia probe. Those reviews are ongoing, Conaway said Monday.
The panel has also been split by disputes over subpoenaing witnesses. Democrats have complained that Republicans have allowed witnesses to set the parameters of their testimony at the behest of the White House, a characterization disputed by Conaway on Monday.
“Broad statement, you use subpoenas when you think you can actually get something from them and we’re not particularly confident that the subpoena process will get us any more than we had,” he said. “We also think we have the evidence we need to come to the conclusions we’ve come to.”
The committee will not pursue steps to enforce the subpoena of Bannon, who frustrated both Republicans and Democrats by refusing to answer questions outside 25 questions scripted by the White House during a pair of interviews this year.
The raucous investigation in the House has been dramatically different from parallel probe underway in the Senate Intelligence Committee, which has largely kept its work under wraps and whose leaders have presented a united front.
The Senate panel’s work is ongoing. Its first product, a report on election security, is expected to be released in the coming weeks.
Conaway on Monday declined to set a timeline for the public release of the House report, which must first be sent back to the intelligence community to be scrubbed for classified information.
He said the report would not be shared with the Senate Intelligence Committee before publication.
Both parties are the same.
For reference, the House Benghazi panel spent $7.8m in an investigation spanning over 2 and a half years before disbanding.
http://thehill.com/policy/national-...p-ending-russia-probe-says-no-collusion-found
House GOP ending Russia probe, says no collusion found
The House Intelligence Committee is shutting down its contentious investigation into Russian interference in the 2016 election, the top Republican leading the probe announced on Monday.
The U.S. recorded a $215 billion budget deficit in February
A combination of higher income tax refunds and a drop in the withholding of individual income and payroll taxes led to the reduction in receipts, according to an analysis by the Congressional Budget Office released last week.
How and why did Baby Boomers get all this hype?
Unrolled Sater thread
https://threadreaderapp.com/thread/948208871012696066.html
Everything positive you've read about baby boomers was probably written by a baby boomer.
They're basically the guy at the gym in full NBA gear with 9 turnovers in a halfcourt game of 21 blaming the L on everybody else.
But that’s me now with my busted knees
Imma need Meth to come through and ban da Belgium Boy.https://www.bloomberg.com/news/articles/2018-03-12/u-s-posts-biggest-budget-deficit-since-2012-as-tax-income-falls?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=politics&utm_medium=social&cmpid==socialflow-twitter-politics
U.S. Posts Biggest Budget Deficit Since 2012
- Revenue fell 9%, spending rose 2% in February: Treasury data
- Wider gap could fuel concerns about tax cut-driven debt load
Boomers with the economy are like me with basketball now.But that’s me now with my busted knees
Boomers with the economy are like me with basketball now.
I joined a over 30 Filipino basketball league and I'm flourishin. I put in work, then leave before the young ballers hit the court. Then I go home, cover myself in ice and Bengay, then tell me girl war stories about how I was cooking Manny and his Boyz.
Straight deluding myself in my own world. That's white male Boomers
https://www.bloomberg.com/news/articles/2018-03-12/u-s-posts-biggest-budget-deficit-since-2012-as-tax-income-falls?utm_source=twitter&utm_campaign=socialflow-organic&utm_content=politics&utm_medium=social&cmpid==socialflow-twitter-politics
U.S. Posts Biggest Budget Deficit Since 2012
- Revenue fell 9%, spending rose 2% in February: Treasury data
- Wider gap could fuel concerns about tax cut-driven debt load