- Feb 22, 2017
- 109,171
- 37,950
The Congressional Budget Office. It doesn't get any more credible than that.
Well, yeah actually it does. The CBO is famous for it poor predictions. I gave a link to the Treasury with the exact numbers.
First, I never said the deficit increase was $22 billion. Can't you read?
I left off a 2 when typing in the number, so sue me.
Second, you keep insisting my claim was that the GDP growth increase cancels out the entire deficit. It's not what I said and you know it.
It does not matter if you said it cancels out part of or all of it, the whole idea has no merit and no logic behind it.
The argument from the left was that Trump's tax cuts would increase the deficit. The Republican's argument was that a modest increase in the GDP would cancel out that INCREASE (not the EXISTING deficit).
In this case, the Dems were right, the GDP will not rise enough to cancel out the increase, even if such a thing made any sense. The tax cuts decreased revenue, which I proved to you in my last post, with the numbers straight out of the Monthly Treasury Statement.
I haven't parroted ANY talking points, I stated FACTS and backed them up with a link to the CBO. You don't like those facts because they prove you wrong, so you ignore them.
you keep parroting the talking point that the GPD will cancel out the INCREASE in the debt. If that really happened, we would not have a debt that is 105% larger than our GDP.