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Politics : Formerly About Advanced Micro Devices

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To: northam who wrote (1444053)3/4/2024 11:11:18 PM
From: Broken_Clock2 Recommendations

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longz
Maple MAGA

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koan has me on ignore for confounding him in his ignorance 100% of the time. The correct figure is 1.9T. He's only off by $6T but in blue state land, that's a minor error.

"Tax cuts and pandemic relief measures enacted during the Trump administration added $8.4 trillion to the national debt over the 10-year budget window, according to a study released Wednesday by a top budget watchdog group.

Discretionary spending increases from 2018 and 2019 added $2.1 trillion, Trump’s signature Tax Cuts and Jobs Act added $1.9 trillion and the 2020 bipartisan CARES Act for pandemic relief added another $1.9 trillion, the Committee for a Responsible Federal Budget (CRFB), a Washington think tank, found in a study released earlier this month.

“Of the $8.4 trillion President Trump added to the debt, $3.6 trillion came from COVID relief laws and executive orders, $2.5 trillion from tax cut laws, and $2.3 trillion from spending increases, with the remaining executive orders having costs and savings that largely offset each other,” budget experts with the CRFB wrote in a summary of the report."

thehill.com
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