(01-30-2019, 05:43 PM)B2hibry Wrote:

(01-30-2019, 03:42 PM)The Real Marty Wrote: But wait.  I thought those big tax cuts were going to fix the deficit.  What happened?

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!

I don't think the tax cuts increased revenues at all.   Revenue in 2018 was barely more than revenue in 2017.  Barely.   

One of the main selling points for the tax cuts was that it would cause enough economic growth that the increase in tax revenues would cut the deficit.   It did not do that.  

We cannot cut the deficit without fixing spending, and no one seems to want to do that.  And as far as the dems controlling the house, the Republicans had a majority in both houses for the last 2 years.  

Trump promised to fix the deficit.  He's made it worse.

---