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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (118335)4/16/2019 10:00:34 PM
From: i-node  Respond to of 370702
 
>>The deficits are huge and for no reason.

Yes there is a reason. Of course.

What the reason is NOT is tax cuts. The corporate income cuts were roughly offset by tax increases on the wealthy. That’s right.

Military spending increased by 3 pct. so you can bash away over that.

The real cause? Increased interest on the debt and increased spending on SS which required the repayment of more debt to fund SS.

And yes, the deficit will continue us to grow pursuant to the Obama budget. Right up past a trillion dollars. Because of intransigence amongst Democrats.

Blame yourselves.