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Sunday, December 29, 2019
Terry Jeffrey Trump Deficit Blame Avoidance Watch
Topic: editor in chief has long had a problem calling out his favorite president for his role in increasing federal deficits. That hasn't changed in his most recent round of budget-related articles. He complained in a Nov. 27 article:

The federal debt has increased by $1,303,466.578.471.45 since last Thanksgiving, according to data released by the U.S. Treasury.

That is the largest Thanksgiving-to-Thanksgiving increase in the debt in nine years. The last time the debt increased more from Thanksgiving to Thanksgiving was in 2010, when it increased by $1,785,995,360,978.10.

It also equals approximately $10,137.48 per household in the United States.

Jeffrey struck a similar tone in a Dec. 11 article:

The federal government collected record total tax revenues of $470,706,000,000 in October and November, the first two months of fiscal 2020, according to the Monthly Treasury Statement released today.

Despite collecting that record amount in taxes, however, the federal government still ran a deficit of $343,360,000,000 during October and November because it spent $814,012,000,000 in those two months.

That was the second-highest federal spending in the October-November period in the history of the United States. The only time the federal government spent more in the first two months of the fiscal year was in fiscal 2009 (October and November of 2008), when Congress enacted the Troubled Asset Relief Program (TARP) to bailout insolvent banks.

As is Jeffrey's pattern on these articles, the words "Trump" or "Republican" does not appear, and they are accompanied by photos that feature Democrats. The Nov. 27 article features the easily recognizable Democrats Nancy Pelosi and Chuck Schumer with two unnamed people who do not look familiar; the Dec. 11 article features a picture of Pelosi with President Trump, whose face is not visible.

Weirdly, despite being such a budget hawk, Jeffrey has yet to write about the $1.4 trillion spending bill passed by not only a Democratic House but a Republican Senate and signed by Trump on Dec. 20.

Posted by Terry K. at 1:46 AM EST

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