- Sep 13, 2012
- 65,760
- 20,761
"Expands dramatically".Yeah, just keep denying Trump and GOP will add to the debt with their plan."The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."
GOP tax bill would add $1.7 trillion to debt: CBO
So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’
Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.
First static scoring is BS, you can't discount the growth this bill will cause. Second debt and deficit are two different animals. The deficit is calculated against the budget which only accounts for about 30% of federal spending. Off budget spending accounts for most of the debt.
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If the name "Obama" was in this picture, you'd be howling and grinding your teeth.
"If someone has a D after their name, they can never do anything right, but if they have an R after their name, they can never do wrong."
So you're saying that if the economy expands dramatically it won't increase revenues to the government?
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So your hopes are resting on a pipe dream!
And STILL no criticism of increased debt by the GOP!
The last three quarters GDP were almost 50% higher than your dear leaders average. If they get an increase of another 30% to 4% growth that will put it at 100% of maobamas average. I'd call that dramatic and totally plausible, it could possibly be higher. If that were the case there would be no increase in the debt if spending stays at current levels.
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