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It includes proposals to cut deficits by more than $3 trillion over a decade and lower debt levels as a percentage of the gross domestic product, but does not balance by doing away with annual deficits.
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a DECADE? Weren’t We giving Lyin’ Ryan hell for HIS (back-loaded) budgets? But, because it’s Trump the same shell-game(s) are OK??
Sorry, Mr. President, Congress is only obligated for the year in question. If you can’t balance the budget, let alone CUT it/deficit, it ain’t gonna happen sometime in the future.
a DECADE? Werent We giving Lyin Ryan hell for HIS (back-loaded) budgets? But, because its Trump the same shell-game(s) are OK??
You're right, it's not OK. As the following graph shows, the budget projects that the debt will INCREASE as a percentage of the GDP for the next several years.
Of course, the spending cuts and rapid GDP growth that is projected to turn this around in several years will never occur. But most people will have forgotten about the plan by then. For the numbers and sources, see http://www.econdataus.com/debt19.html.