Nope. The flaw in your "logic" is the assumption that the Federal Government must be given double digit budget increases year in and year out.
It doesn't. It can, and must, get smaller. When Govt debt equals 100% GDP you MUST fix the broken tax and spend political system. You cannot just ignore it and hope the problem goes away.
>> “It doesn’t. It can, and must, get smaller.” <<
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Yes, it can, but that will require monitizing enough of the debt that the remainder can be paid down. That will have to have some inflationary effect, but how much is not predictable.
Oh, I agree that the government must be reduced in size.
But that is a different question entirely of what the fiscal impact of a particular tax scheme is.