Skip to content
Search AI Powered

Latest Stories

Donald Trump's Treasury Secretary Just Tried Blaming Democrats for the Ballooning Deficit, and People Are Calling Him Out

Donald Trump's Treasury Secretary Just Tried Blaming Democrats for the Ballooning Deficit, and People Are Calling Him Out
WASHINGTON, DC - OCTOBER 31: U.S. President Donald Trump (R) speaks to business leaders as Secretary of the Treasury Steven Mnuchin (L) looks on during a Roosevelt Room event October 31, 2017 at the White House in Washington, DC. President Trump participated in a "tax reform industry meeting." (Photo by Alex Wong/Getty Images)

Oh that's rich.

With the federal budget deficit up to $205 billion (a 48% increase since this time last year), it's unsurprising that Republicans are looking to deflect blame.

That's exactly what Treasury Secretary Steve Mnuchin did in a recent interview with Bloomberg, asserting that in order to get enough money for an increased defense budget, non-military spending demands had to be conceded to the Democrats.


Mnuchin said:

“In an effort to get the military spending -- which the president thought was critical and which I fully support -- given the issues we have all over the world and the under-investment we have had in the last eight years, this required bipartisan support and the Democrats required big increases in non-military spending. So that’s a major component of deficit today.”

Under President Obama, defense spending had peaked in 2011, but congressional Republicans, at the behest of the Trump administration, set new records this year at over $874 billion.

Americans know who is to blame.

Many called out Republicans for lessening federal revenue through impractical tax cuts included in the Republican tax bill, which was passed one year ago.

Not to mention, Mnuchin has his own woes when it comes to misuse of funds.

Mnuchin's plane travel has cost taxpayers around $1 million, and he's met criticism for using military planes on flights to domestic locations instead of opting for a smaller aircraft.

One image encapsulated this misuse of money to the public.

In addition, Mnuchin and his wife frequently flaunt the proximity of Mnuchin's job to the nation's funding.

Though Mnuchin may be blaming Democrats for the deficit, maybe he should examine how far the taxpayer dollar can actually stretch.

The deficit is slated to increase in 2019.

More from People/donald-trump

Cover of Merriam-Webster's Collegiate Dictionary
Brandon Bell/Getty Images

People's Response To Merriam-Webster's 2024 Word Of The Year Just Proved Their Point

Merriam-Webster dictionary nailed it with their 2024 Word of the Year selection that accurately defined the divisive reaction to the 2024 presidential election results.

The dictionary's account on X (formerly Twitter) declared this year's Word of the Year was, "Polarization," and joked:

Keep ReadingShow less
Nancy Mace
Tom Williams/CQ-Roll Call, Inc via Getty Images

Nancy Mace Rages After Nobody Will Print Her Transphobic Holiday Wrapping Paper Design

South Carolina Republican Representative Nancy Mace was called out after sharing a photo of her anti-trans wrapping paper design to lament that "no company" would print it due to its "offensive" nature.

Mace, who has courted significant controversy for her efforts to bar Sarah McBride, the first transgender member of Congress, from using the bathroom that corresponds with her gender identity, shared on social media that she attempted to create custom wrapping paper, seemingly intended for raising campaign funds.

Keep ReadingShow less
Eugenio Derbez; Selena Gomez
Matt Winkelmeyer/Getty Images, Amy Sussman/Getty Images

'Coda' Star Apologizes After Selena Gomez's Classy Response To His 'Emilia Pérez' Criticism

Actor Eugenio Derbez walked back his harsh review of Selena Gomez's Spanish in the new musical crime comedy film Emilia Pérez after she responded with class to the tough criticism of not being a fluent speaker.

Gomez stars as Spanish-speaking character Jessi Del Monte, the wife of a cartel kingpin who undergoes gender-affirming surgery to start a new life as the titular Emilia Pérez.

Keep ReadingShow less
Screenshot of Donald Trump
NBC

Trump Dragged After Claiming He 'Started Using' The Word 'Groceries' During The Election

President-elect Donald Trump was dragged after claiming he "started using" the word "groceries" during the election—before asking, "Who uses the word?"

Trump, in an interview with Meet the Press host Kristen Welker, emphasized the soaring grocery prices affecting millions of Americans as a pivotal factor in his victory over Vice President Kamala Harris in the race for the White House.

Keep ReadingShow less
man pointing up
Alex Sheldon on Unsplash

People Break Down Their 'I F*cking Knew It!' Experiences

Sometimes you feel like you just know something is true, even if you can't prove it.

You may find out you're completely wrong. People usually don't like to talk about or acknowledge when that happens.

Keep ReadingShow less