XPost: alt.fan.rush-limbaugh, comp.os.linux.advocacy   
   From: yak@inbox.com   
      
   On 8/15/2024 5:24 PM, Joel wrote:   
   > Yak  wrote:   
   >   
   >>> The tax cuts under Bush and Trump were the causes of deficit spending.   
   >>   
   >> Let's look at 2023, for example. The govt took in $4.5 trillion in   
   >> revenue, yet spent $6.2 trillion. That nets a $1.7 trillion deficit for   
   >> that year alone (dear Lord!).   
   >>   
   >> Trump's tax cuts were projected to cost $1.6 trillion over 10 years   
   >> ($160 billion per year).   
   >>   
   >> $1.7 trillion - $160 billion = $1.54 trillion deficit.   
   >>   
   >> How do you reach the conclusion you do?   
   >   
   >   
   > It's just math, if they don't collect tax they have to sell bonds.   
      
   That doesn't answer my question.   
      
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