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The 2020 Presidential Election - Convention & General Election


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2 minutes ago, BigRedBuster said:

 

I can't read the article.  Does it say when the debt was forgiven?  While he was either running in 2016 or during his presidency?

The main original loans were forgiven prior to 2016.  There are layers of loans, loan forgiveness, new loans,  tax avoidance,  suits and counter suits etc.  Long and short, he is still personally on the hook for over $400m in loans.   It is like a never ending story. 

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33 minutes ago, BigRedBuster said:

 

I can't read the article.  Does it say when the debt was forgiven?  While he was either running in 2016 or during his presidency?

 

28 minutes ago, TGHusker said:

The main original loans were forgiven prior to 2016.  There are layers of loans, loan forgiveness, new loans,  tax avoidance,  suits and counter suits etc.  Long and short, he is still personally on the hook for over $400m in loans.   It is like a never ending story. 

TG got the gist of it. But the point is that Trump is a sh!tty businessman.

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Every time I hear a story 

1 hour ago, RedDenver said:

Hey, remember back when Trump was supposed to be this great businessman?

 

 

No wonder why Trump was so willing to collude with Justice Kennedy. Not only had Deutsche Bank (with Kennedy's son Justin as the go-to) loaned Trump hundreds of millions of dollars when no other lender would touch him, but then Deutsche Bank forgave a huge chunk of that same loan. Wow, it doesn't take much to connect the dots here...

 

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1 minute ago, GBRFAN said:

 

So this so called world wide pandemic is who's fault?  you must be part of a media outlet....

 

Look back to the day before this all started and then look at your statement above and then laugh at yourself.

You do know that the deficit has grown each year Trump has been in office, right?

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7 minutes ago, GBRFAN said:

 

So this so called world wide pandemic is who's fault?  you must be part of a media outlet....

 

Look back to the day before this all started and then look at your statement above and then laugh at yourself.

 

You are terrible at this.

 

 

 

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The U.S. deficit hit $984 billion in 2019, soaring during Trump era

 

The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, the Treasury Department announced Friday, as the United States’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. The deficit grew $205 billion, or 26 percent, in the past year.

 

The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years. The deficit is up nearly 50 percent in the Trump era. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration.

 

 

 

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