Create Account


Board Performance Issues We are aware of performance issues on the board and are working to resolve them! The board may be intermittently unavailable during this time. (May 07) x


The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII

#59

(02-01-2019, 10:31 AM)MalabarJag Wrote:
(01-31-2019, 09:23 PM)jradMITEX Wrote: “CBO estimates the 2017 tax law will cost the federal government a total of $1.9 trillion over 10 years, after factoring in the positive effects of the law on the economy.”

I guess we have to wait for 2018 receipts as these are estimates for

That was their prediction, and the Congressional Budget Office was wrong. Revenue did go up in 2018, as Marty said.

[Image: usgr_chartRp01f.png]

They weren't necessarily wrong.  The relevant question is, how much would revenue have gone up without the tax cut.   Not, did revenue go up or not.
Reply


Messages In This Thread
RE: Deficit to hit $897 Billion this year, Debt headed towards highest level since WWII - by The Real Marty - 02-01-2019, 11:07 AM



Users browsing this thread:
3 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!