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Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII
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(01-31-2019, 07:25 AM)The Real Marty Wrote:(01-30-2019, 05:43 PM)B2hibry Wrote: It’s called spending more than the revenue being brought in. Those tax cuts did in fact increase revenues but the federal budget is outpacing. Doubling Medicare/Medicaid in less than 10 years doesn’t help. The Dems control the house so we’ll see how spending goes. Hint...it isn’t going down! So you're saying that taxes went down, we got very low unemployment, and government revenues went up? Perfect! That doesn't matter on the spending side at all, two different issues. Had we not cut taxes would the deficit be more or less now? “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
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