- Feb 22, 2017
- 109,355
- 38,046
Revenue didn't decrease, moron.President Trump has certainly done a bang up job thus far reducing our debt and deficit.
You do know the increases in the national debt are due to medicare and Social Security, right? In fact, the majority of the national debt is because of medicare and Social Security.
It's not like President Trump just bumped to debt up or anything.
Well he did decrease revenue from 2017 to 2018 with his tax cuts...which added to the debt.
why, yes it did...
From the government's own numbers.
Monthly Treasury Statement
The results of the first 12 months of the tax cuts...
Total revenue in CY17: $3,343,634,000,000
Total revenue in CY18: $3,330,470,000,000
That is $13,164,000,000 less in 18 than in 17.