4 ms·
Increasing deficit
by sojournerc 2y ago
Increasing deficit
- rco8786 2y agohttps://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/ https://www.americanprogress.org/article/tax-cuts-are-primar... https://www.budget.senate.gov/chairman/newsroom/press/extending-trump-tax-cuts-would-add-46-trillion-to-the-deficit-cbo-finds https://www.budget.senate.gov/chairman/newsroom/press/extend... https://taxpolicycenter.org/briefing-book/how-did-tcja-affect-federal-budget-outlook https://taxpolicycenter.org/briefing-book/how-did-tcja-affec... So the strategy is to cut taxes and revenue and balloon the deficit, then declare that spending is out of control and constitutes emergency measures to fix.