US FY 2017 Deficit - Summary of Receipts, Outlays & Deficit by Month Compared to 2016

This table shows a summary of receipts, outlays, and the deficit (and some months surplus) for the U.S. Government by Month. 

Roughly 16.7¢ of every dollar spent in FY 2017 was new debt!

So, does this table say our budget deficit issues are improving or getting worse?

(Click table to See Full Size Image)

(Click table to See Full Size Image)

Trump won the election in November 2016 but didn't have control of the budget until the January 20th Inauguration. Odd, why the huge slash in Y/Y spending during the first 3 months of FY17?

 #BlameTrump #BlameObama

President Obama Total National Debt Clock Ticks Towards $17 Trillion

It is interesting that in 2008 presidential candidate Barack Hussein Obama thought former President Bush was unpatriotic and irresponsible for adding $4 trillion to the national debt to bring it to roughly $9 trillion.  (You can watch the YouTube video below to hear his own words.)

Today our debt is almost $17 trillion (See Debt Clock below) which $8 trillion higher then when he spoke against "using a credit card from the Bank of China in the name of our children."

National Debt Clock

Graphics presented by Rick Santelli 

on CNBC's "Santelli Exchange"

The ticking debt clock I also posted above shows it is getting close to $17T.

President Obama  will more than double it on his watch.

Before Congress gives President Obama a free pass to use the "credit card from the Bank of China in the name of our children" to ring up even more debt, I'd like to hear him explain if he was wrong in the past and what changed his mind.

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