[Mariner]

“One trillion dollars is about to pass out of the U.S. treasury and into the bank accounts of the beneficiaries of the Trump tax reform plan, according to the official congressional scorekeeper.”

Of course. It’s the governments money, they own it all and just let us use some from time to time.

[DoodleBob]

One trillion dollars is about to pass out of the U.S. treasury and into the bank accounts... blah blah blah

Here are select items from the Treasury's 2014 Fiscal Year End Balance Sheet

 Balance sheet items  $billions in 2014

Cash                       264.3

Net receivables.           104.0

Loans, net                1123.5 

Fixed and other assets    1573.5

Total assets              3065.3

Treasury debt            12833.6

Net deficit             -17007.7 

In other words, the Treasury doesn't have have $1 trillion to "pass out." Its assets consist chiefly of illiquid loans and fixed and other sssets. It has about one-quarter of a trillion in liquidity.

Now, I understand this ignorant writer doesn't have the capacity to craft syntax correctly or do basic research, about finance or accounting. I get it...this dolt is talking about a diminishment of tax revenue, which several here have noted is basically confiscated earnings that belong to the citizenry.

But you'd think her overlords at Newsweak would serve as a backstop. Then again, these are the dopes who gave us this source of humor: