Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DoodleDawg
Obama added about 10 til to the deficient in 8 years bringing it to 20 til. This package will add 1.4 tril over a period of 10 years.

I don't know any other way to read it.

50 posted on 11/29/2017 1:13:26 PM PST by Sacajaweau
[ Post Reply | Private Reply | To 48 | View Replies ]


To: Sacajaweau
This package will add 1.4 tril over a period of 10 years.

In addition to the already expected deficits, which are running north of $600 billion.

I don't know any other way to read it.

Then read it. The term that the CBO and others use is "it will add $1.40 trillion to the deficit..." The deficit, not the debt. Nobody I am aware of is expecting the budget to be balanced next year if this tax bill doesn't pass. Or expect the deficit to be only $140 billion if it does.

Senate tax reform bill would add $1.4 trillion to deficits, economic analysis isn't available yet: CBO

56 posted on 11/29/2017 1:20:58 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 50 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson