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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (1018607)5/31/2017 10:41:09 PM
From: J_F_Shepard  Respond to of 1574839
 
Right, have a good night....



To: TideGlider who wrote (1018607)5/31/2017 10:56:33 PM
From: puborectalis  Read Replies (1) | Respond to of 1574839
 
Our labor force is aging and productivity growth has been waning, leading most economists to expect growth to remain roughly in the current range of 2 percent.

Lastly, the $4.5 trillion of spending cuts that the administration seeks (including $1.25 trillion in the House health care bill) are by no means assured. Some would require 60 votes — and therefore a measure of Democratic support — to go into effect. Others that can be passed with 50 votes, such as the Medicaid evisceration, already face opposition from more moderate Republican senators.

So to the extent that these plans are blocked, the deficit would be that much larger.

All told, a budget that the Trump administration said would reduce red ink over the coming decade by $3.6 trillion would, in reality, add at least $1.7 trillion and possibly a good bit more.

That’s hardly the fiscal responsibility that the White House has been claiming.