- 20 Jun 2019 14:16
#15013153
That's not an argument. That's an excuse.
Trump's tax cuts are the primary cause of the deficit.
Trump's Big "Win": The Largest Budget Deficit With A Strong Economy
Trump will break the record
When you take into account how the economy is doing it shows that President Trump’s budget deficits as a percentage of GDP will exceed any other President’s during a time of economic expansion. From the Committee for a Responsible Federal Budget or CFRB, the chart’s blue line shows the deficit as a percentage of GDP. At the projected 4.6% for fiscal 2019 it will the be largest in a non-recession year and is expected to stay above this level in the future.
https://www.forbes.com/sites/chuckjones ... 56730549d1
That's not an argument. That's an excuse.
Trump's tax cuts are the primary cause of the deficit.
Trump's Big "Win": The Largest Budget Deficit With A Strong Economy
Trump will break the record
When you take into account how the economy is doing it shows that President Trump’s budget deficits as a percentage of GDP will exceed any other President’s during a time of economic expansion. From the Committee for a Responsible Federal Budget or CFRB, the chart’s blue line shows the deficit as a percentage of GDP. At the projected 4.6% for fiscal 2019 it will the be largest in a non-recession year and is expected to stay above this level in the future.
https://www.forbes.com/sites/chuckjones ... 56730549d1
“Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted.” ― Ralph Waldo Emerson