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To: Innovative

>
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.


88 posted on 02/13/2018 6:20:27 AM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: i_robot73; Innovative
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...

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??

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.

Federal Debt from 2019 U.S. Budget: 1940-2023

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.

100 posted on 02/14/2018 10:49:45 PM PST by remember
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