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And yet not a peep from your sorry ass about a 3 trillion dollar deficit. Damn, you flippin Trumpbots are MORONS.
When Trump took over as president the US had a low $587B annual deficit, in 4 short years Trump 5x that to $3.1T and Trump had 25% of total US debt in his 4 short years.
Meanwhile Biden has lowered the $3.1T annual Trump deficit to just $1.3 T, and he looks to lower it more !!!
In Biden's new Budget he outlines drug price negotiation with medicare that are expected to save $150+ B (republicans are against this because they are "paid off" by drug companies for real though). He also has a minimum tax on billionaires which says all billionaires will pay at least 25% on their income, because many billionaires pay and extremely low tax rate.
These 2 simple measure, bit of which the GOP are strongly against, will reduce the Trump debt substantially and do nothing to hurt or slow the economy at all. Of course something this good and smart and beneficial has GOP opposition.
Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans
Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.www.cnbc.com
Didn't Biden just get his 2.1 TRILLION spending Bill at the end of 2019?The 2021 deficit was lower than the 2020 deficit, so it seems they did.
Learn the difference between debt and deficit.
Using the words interchangeably just makes you look like an idiot
One cannot lower the debt without removing the deficit first.
not true, they can lower the future debt, which is exactly what Biden is doing with his plan as the future US debt will now be lower.
Where as Trump had a record increase in debt for 4 years.
His budget has a $1.8 TRILLION deficit next year, Simp.When Trump took over as president the US had a low $587B annual deficit, in 4 short years Trump 5x that to $3.1T and Trump had 25% of total US debt in his 4 short years.
Meanwhile Biden has lowered the $3.1T annual Trump deficit to just $1.3 T, and he looks to lower it more !!!
In Biden's new Budget he outlines drug price negotiation with medicare that are expected to save $150+ B (republicans are against this because they are "paid off" by drug companies for real though). He also has a minimum tax on billionaires which says all billionaires will pay at least 25% on their income, because many billionaires pay and extremely low tax rate.
These 2 simple measure, bit of which the GOP are strongly against, will reduce the Trump debt substantially and do nothing to hurt or slow the economy at all. Of course something this good and smart and beneficial has GOP opposition.
Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans
Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.
You do know that the deficit and debt are not the same thing? He isn't lowering the debt at all. He is just slowing the increase in debt a little.When Trump took over as president the US had a low $587B annual deficit, in 4 short years Trump 5x that to $3.1T and Trump had 25% of total US debt in his 4 short years.
Meanwhile Biden has lowered the $3.1T annual Trump deficit to just $1.3 T, and he looks to lower it more !!!
In Biden's new Budget he outlines drug price negotiation with medicare that are expected to save $150+ B (republicans are against this because they are "paid off" by drug companies for real though). He also has a minimum tax on billionaires which says all billionaires will pay at least 25% on their income, because many billionaires pay and extremely low tax rate.
These 2 simple measure, bit of which the GOP are strongly against, will reduce the Trump debt substantially and do nothing to hurt or slow the economy at all. Of course something this good and smart and beneficial has GOP opposition.
Biden budget would cut deficit by $3 trillion over next decade with 25% minimum tax on richest Americans
Biden proposes to impose a minimum tax of 25% on the rich, hike taxes on oil and gas companies and raise the corporate tax rate from 21% to 28%.
not true, they can lower the future debt, which is exactly what Biden is doing with his plan as the future US debt will now be lower.
Where as Trump had a record increase in debt for 4 years.
You do know that the deficit and debt are not the same thing? He isn't lowering the debt at all. He is just slowing the increase in debt a little.
You figured you'd just bluff and bully your way through your blunder. No such luck.not true, they can lower the future debt, which is exactly what Biden is doing with his plan as the future US debt will now be lower.
Where as Trump had a record increase in debt for 4 years.
He did do it sooner.Which is totally irrelevant. You want to give Quid Pro credit for lowering the deficit NOW with a Republican House while ignoring the question, "why didn't he do it sooner when he had a democrat House that would rubberstamp whatever he wanted?".
SO much better than Trump's $3.1T in 2020.Only you stupid inbred Moon Bats would brag about almost a trillion and half deficit.
You are despicable.
The Budget and Economic Outlook: 2023 to 2033
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.www.cbo.gov
CBO projects a federal budget deficit of $1.4 trillion for 2023.
Trump ran a massive $3.1T deficit in 2020, Biden lowered that to just $1.3T in 2022.
say what, clearly you do not know the difference between debt and deficit because your definitions are not correct !You figured you'd just bluff and bully your way through your blunder. No such luck.
COVID-19
Plus not knowing the difference between DEFICIT (a hypothetical number) and DEBT a factual figure really makes "THE BANKER" THE FOOL.
Bush and the GOP congress inherited a balanced budget
By cutting spending and increasing taxes on the wealthyThat's awesome!
How did he lower it?
Or maybe it was the trillions in spending they passed, and the major mismanaged wras they started and fucked up...The Internet Bubble was awesome!!!
Why did it ever have to end?
Yea the republican are in the pocket of big pharma and hate America and Americans, so they will block that and cost the US tax payer billions, but benefit big pharma
