3 ms·
The 519 is a typo or something. The deficit last year was 666B: https://www.marketwatch.com/story/us-ends-fiscal-2017-with-666-billion-budget-deficit-2017-10-2
by rgbrenner 9y ago
The 519 is a typo or something. The deficit last year was 666B:
https://www.marketwatch.com/story/us-ends-fiscal-2017-with-666-billion-budget-deficit-2017-10-20 https://www.marketwatch.com/story/us-ends-fiscal-2017-with-6...
So 955B is an increase of ~290B.. so roughly half of the increase is from the tax cut.
- mobilefriendly 9y agoNo, we're already in fiscal 2018 as the baseline, the trillion dollar projection is for 2019.
- rgbrenner 9y agoThe article says 955B for this year 2018. 666B was for 2017.