<div dir="ltr"><div dir="ltr"><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;line-height:1.75rem"><font color="#000000" face="ProximaNova, Helvetica Neue, Helvetica, Roboto, Arial, sans-serif"><span style="font-size:18px;white-space:pre-wrap">Please note Trump scolding Obama about the budget deficit. Our own Sen. Crapo used to make this his primary focus.</span></font></p><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;line-height:1.75rem"><font color="#000000" face="ProximaNova, Helvetica Neue, Helvetica, Roboto, Arial, sans-serif"><span style="font-size:18px;white-space:pre-wrap">The monthly deficit has now climbed to </span></font><span style="color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px;white-space:pre-wrap">5.1 percent of GDP in contrast to the 3.8 percent at the end of Obama's two terms.</span></p><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;line-height:1.75rem"><font color="#000000" face="ProximaNova, Helvetica Neue, Helvetica, Roboto, Arial, sans-serif"><span style="font-size:18px;white-space:pre-wrap"><a href="https://www.huffpost.com/entry/record-february-budget-deficit-trump_n_5c96cc00e4b01ebeef103d01?ncid=newsltushpmgnews__TheMorningEmail__032519">https://www.huffpost.com/entry/record-february-budget-deficit-trump_n_5c96cc00e4b01ebeef103d01?ncid=newsltushpmgnews__TheMorningEmail__032519</a></span></font><br></p><p style="color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:1.125rem;box-sizing:inherit;margin:0px 0px 20px;padding:0px;white-space:pre-wrap;line-height:1.75rem">February’s federal budget <a href="https://www.huffpost.com/impact/topic/deficit" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">deficit</a> was the largest on record, according to <a href="https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0219.pdf" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">figures released by the Treasury Department</a> on Friday. President <a href="https://www.huffingtonpost.com/topic/donald-trump" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">Donald Trump</a> promised during his campaign that he would <a href="https://www.washingtonpost.com/politics/in-turmoil-or-triumph-donald-trump-stands-alone/2016/04/02/8c0619b6-f8d6-11e5-a3ce-f06b5ba21f33_story.html?postshare=6561459637742585&utm_term=.0bec99dd4391" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">balance the budget in eight years</a>.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">The total debt surpassed $22 trillion for the first time ever in February — <a href="https://www.businessinsider.com/trump-national-debt-deficit-compared-to-obama-bush-clinton-2019-2" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">$2 trillion higher</a> than when Trump took office.</p></div><div class="gmail-content-list-component embed-asset gmail-yr-content-list-embed" style="box-sizing:inherit;margin:40px auto;padding:0px;max-width:720px;min-width:initial;width:643.2px;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><span class="gmail-twitter-tweet gmail-twitter-tweet-rendered" id="gmail-twitter-widget-0" style="box-sizing:inherit;display:block;width:500px;margin:10px auto;max-width:100%;min-width:220px"><div class="gmail-SandboxRoot env-bp-350" style="max-height:10000px;direction:ltr;background:0px 0px;font-variant-numeric:normal;font-variant-east-asian:normal;font-stretch:normal;font-size:16px;line-height:1.4;font-family:Helvetica,Roboto,"Segoe UI",Calibri,sans-serif;color:rgb(28,32,34);white-space:initial"><div class="gmail-EmbeddedTweet gmail-EmbeddedTweet--cta gmail-js-clickToOpenTarget gmail-tweet-InformationCircle-widgetParent" id="gmail-twitter-widget-0" lang="en" style="overflow:hidden;border:1px solid rgb(225,232,237);border-radius:5px;max-width:520px"><div class="gmail-EmbeddedTweet-tweetContainer"><div class="gmail-EmbeddedTweet-tweet" style="padding:20px 20px 10px"><blockquote class="gmail-Tweet gmail-h-entry gmail-js-tweetIdInfo g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rgin:10px auto;max-width:100%;min-width:220px"><div class="gmail-SandboxRoot env-bp-350" style="max-height:10000px;direction:ltr;background:0px 0px;font-variant-numeric:normal;font-variant-east-asian:normal;font-stretch:normal;font-size:16px;line-height:1.4;font-family:Helvetica,Roboto,"Segoe UI",Calibri,sans-serif;color:rgb(28,32,34);white-space:initial"><div class="gmail-EmbeddedTweet gmail-EmbeddedTweet--cta gmail-js-clickToOpenTarget gmail-tweet-InformationCircle-widgetParent" id="gmail-twitter-widget-1" lang="en" style="overflow:hidden;border:1px solid rgb(225,232,237);border-radius:5px;max-width:520px"><div class="gmail-EmbeddedTweet-tweetContainer"><div class="gmail-EmbeddedTweet-tweet" style="padding:20px 20px 10px"><blockquote class="gmail-Tweet gmail-h-entry gmail-js-tweetIdInfo gmail-subject expanded" cite="https://twitter.com/realDonaldTrump/status/148876610811072513" style="margin:0px;padding:0px;list-style:none;border:none"><div class="gmail-Tweet-header" style="display:flex"><div class="gmail-TweetAuthor gmail-js-inViewportScribingTarget" style="display:flex;overflow:hidden"><a class="gmail-TweetAuthor-link gmail-Identity gmail-u-linkBlend" href="https://twitter.com/realDonaldTrump" style="background-color:transparent;color:inherit;text-decoration:inherit;display:flex;outline:0px;font-weight:inherit"><div class="gmail-TweetAuthor-nameScreenNameContainer" style="display:flex;line-height:1.2;min-width:0px"><span class="gmail-TweetAuthor-decoratedName" style="display:flex;min-width:0px"><span class="gmail-TweetAuthor-name gmail-Identity-name gmail-customisable-highlight" title="Donald J. Trump" style="font-weight:700;overflow:hidden;text-overflow:ellipsis;white-space:nowrap;padding-right:4px">Donald J. Trump</span><span class="gmail-TweetAuthor-verifiedBadge" style="padding-right:4px"><div class="gmail-Icon gmail-Icon--verified" title="Verified Account" style="display:inline-block;height:1.25em;background-repeat:no-repeat;background-size:contain;vertical-align:text-bottom;width:1.11111em"></div><span class="gmail-u-hiddenVisually" style="overflow:hidden;width:1px;height:1px;padding:0px;border:0px">✔</span></span></span><span class="gmail-TweetAuthor-screenName gmail-Identity-screenName" title="@realDonaldTrump" dir="ltr" style="color:rgb(105,120,130);font-size:14px;overflow:hidden;text-overflow:ellipsis;white-space:nowrap">@realDonaldTrump</span></div></a></div><div class="gmail-Tweet-brand" style="margin-left:auto"><a href="https://twitter.com/realDonaldTrump/status/148876610811072513" style="background-color:transparent;color:rgb(43,123,185);text-decoration-line:none;outline:0px"><span class="gmail-FollowButton-bird"><div class="gmail-Icon gmail-Icon--twitter" title="View on Twitter" style="display:inline-block;height:1.25em;background-repeat:no-repeat;background-size:contain;vertical-align:text-bottom;width:1.25em"></div></span></a></div></div><div class="gmail-Tweet-body gmail-e-entry-content" style="margin-top:14px"><div class="gmail-u-hiddenVisually gmail-js-inViewportScribingTarget" style="overflow:hidden;width:1px;height:1px;padding:0px;border:0px"></div><p class="gmail-Tweet-text gmail-e-entry-title" lang="en" dir="ltr" style="margin:0px;padding:0px;list-style:none;border:none;white-space:pre-wrap;direction:ltr">With a record deficit and $15 trillion in debt, <a href="https://twitter.com/BarackObama" class="gmail-PrettyLink gmail-profile gmail-customisable gmail-h-card" dir="ltr" style="background-color:transparent;color:rgb(43,123,185);text-decoration-line:none;outline:0px"><span class="gmail-PrettyLink-prefix">@</span><span class="gmail-PrettyLink-value">BarackObama</span></a> is spending $4 million of our money on his Hawaii vacation. Just plain wrong.</p><div class="gmail-TweetInfo" style="display:flex;margin-top:3.2px;font-size:14px"><div class="gmail-TweetInfo-like"><a class="gmail-TweetInfo-heart" title="Like" href="https://twitter.com/intent/like?tweet_id=148876610811072513" style="background-color:transparent;color:rgb(43,123,185);text-decoration-line:none;display:flex;outline:0px"></a><div><a class="gmail-TweetInfo-heart" title="Like" href="https://twitter.com/intent/like?tweet_id=148876610811072513" style="background-color:transparent;color:rgb(43,123,185);text-decoration-line:none;display:flex;outline:0px"><div class="gmail-Icon gmail-Icon--heart" title="Like" style="display:inline-block;height:1.25em;background-repeat:no-repeat;background-size:contain;vertical-align:text-bottom;width:1.25em"></div></a><a class="gmail-TweetInfo-heart" title="Like" href="https://twitter.com/intent/like?tweet_id=148876610811072513" style="background-color:transparent;white-space:initial;color:rgb(43,123,185);text-decoration-line:none;outline:0px;display:inline!important"><span class="gmail-TweetInfo-heartStat" style="margin-left:3px;display:inline!important"><span style="background-color:initial;font-size:1.125rem;white-space:pre-wrap;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif">The massive shortfall is being attributed to a </span></span></a><a href="https://www.bloomberg.com/news/articles/2019-03-22/u-s-posts-largest-monthly-budget-deficit-on-record-in-february" target="_blank" rel="noopener noreferrer" style="background-color:initial;font-size:1.125rem;white-space:pre-wrap;font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">20 percent drop in corporate revenue and increased federal spending</a><span style="background-color:initial;font-size:1.125rem;white-space:pre-wrap;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif">. The Trump administration slashed corporate taxes in his new 2017 tax law from 35 percent to 21 percent. Trump’s tax-cut package cost the government $1.5 trillion.</span></div></div></div></div></blockquote></div></div></div></div></span></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">“When you pass the <a href="https://www.washingtonpost.com/business/economy/the-government-ran-a-544-billion-deficit-over-the-first-5-months-of-the-fiscal-year/2019/03/22/932d3438-4cc8-11e9-9663-00ac73f49662_story.html?utm_term=.c15a772d8ab3" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">most irresponsible tax cut</a> followed by the most irresponsible spending increase, unsurprisingly it leads to the largest deficit numbers,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, told The Washington Post. “Predictably, that’s exactly where we landed.”</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">The deficit for the first five months of the federal fiscal year is $544.2 billion, up nearly 40 percent from the same period the previous year, according to Treasury figures. </p></div><div id="gmail-inline-newsletter_placeholder" style="box-sizing:inherit;margin:0px;padding:0px;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">The budget gap was $234 billion in February alone, which <a href="https://www.bloomberg.com/news/articles/2019-03-22/u-s-posts-largest-monthly-budget-deficit-on-record-in-february" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">surpassed the earlier monthly record</a> of $231.7 billion seven years ago, according to an analysis of data by Bloomberg.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">Total spending was <a href="https://www.marketwatch.com/story/us-budget-deficit-widens-to-234-billion-in-february-2019-03-22" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">$401 billion in February</a> while the government took in just $167 billion.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">Corporations have so far this fiscal year paid $59.2 billion in taxes, compared to $87.4 billion at this point ini 2017 before Trump’s tax law was enacted.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">Federal Reserve Chairman Jerome Powell warned Congress last month that the federal debt matters —<a href="https://www.axios.com/jerome-powell-federal-reserve-national-debt-f8a536df-4429-414f-9668-92ad5d05274d.html" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none"> it’s growing faster than the gross domestic product </a>—and the nation must address the issue.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">Money owed is eating up an increasing share of the GDP. The budget deficit’s share of the GDP is expected to increase to 5.1 percent this year, up from 3.8 percent a year ago, according to projections from the White House Office of Management and Budget.</p></div><div class="gmail-content-list-component gmail-yr-content-list-text gmail-text" style="box-sizing:inherit;margin:0px auto;padding:0px;line-height:1.5em;width:643.2px;max-width:720px;min-width:initial;color:rgb(0,0,0);font-family:ProximaNova,"Helvetica Neue",Helvetica,Roboto,Arial,sans-serif;font-size:18px"><p style="box-sizing:inherit;margin:0px 0px 20px;padding:0px;font-size:1.125rem;white-space:pre-wrap;line-height:1.75rem">At this rate, the national debt could be on track to hit <a href="http://www.crfb.org/blogs/debt-could-be-20-percent-gdp-higher-presidents-budget-claims" target="_blank" rel="noopener noreferrer" style="box-sizing:inherit;color:rgb(0,0,0);text-decoration-line:none">93 percent of GDP in a decade.</a></p></div><div><br></div>-- <br><div dir="ltr" class="gmail_signature"><div dir="ltr"><div>   <div style="height:auto;width:auto">   <div> <div><div><span style="font-size:13.3333px">A society grows great when old men plant trees whose shade they know they shall never sit in. </span><br></div></div></div></div></div><div><div><div><div><div><div><div><font size="2"><span style="font-size:10pt"><div><br style="font-size:13.3333px"><span style="font-size:13.3333px">-Greek proverb</span></div><div><br>
“Enlightenment is man’s emergence from his self-imposed immaturity. 
Immaturity is the inability to use one’s understanding without guidance 
from another. This immaturity is self- imposed when its cause lies not 
in lack of understanding, but in lack of resolve and courage to use it 
without guidance from another. Sapere Aude! ‘Have courage to use your 
own understand-ing!—that is the motto of enlightenment.<br>
<br>
--Immanuel Kant<br>
<br><br></div></span></font></div></div></div></div></div></div></div></div></div></div></div>