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To: antidemoncrat
Of course, we have no idea as to the accuracy of this number BUT we can expect estimates of increased borrowing for revenues lost due to the tax cuts...until the economy begins to heat up.

If the economy grows at 5.4% in the first qtr and commensurately thereafter, this borrowing will be quickly repaid and we should see our national balance sheet begin to improve.

9 posted on 02/04/2018 9:52:21 AM PST by RoosterRedux (Onward Christian Soldiers!)
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To: RoosterRedux

I dont like any spending leading to deficits that in order to offset deficits one must say “if.”

I’d like for once in Goverment’s life to say, “hey guess what? Even “if” we only put up a .5% GDP our budget is still balanced.” Translation- We need Trump to speak fiscal conservatism and balanced budgets. Should Congress? Sure, but I have a feeling Trump will need to lead on this. I cannot recall him ever making a speech or statement about balancing the budget or leading the charge for spending slashing.


13 posted on 02/04/2018 10:06:21 AM PST by Jarhead9297
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