Capitol Hill Blue Forums Hot Topics & Breaking News News US budget deficit hits $984 billion, highest in 7 years

First that is not true. If that were the case we would have a $4.5T deficit this year, instead we have about $1T deficit. There is an obvious statement which I will not type.

Regardless of who controls Congress etc. How is it you can recognize that and yet want to assign blame to political parties when they occupy either the WH or Congress for the economy etc? Sounds more like some conservative talking point than it does reality.


Regarding your ideological belief in voodoo economics here is the Tax Policy Center analysis. I would have included CBO analysis but it was spread out. I could have included right wing analysis but they typically only addressed the first part of the TPC analysis by simply saying revenues increased. Of course this is only for Trump's Tax Cut and did not included long term analysis which everyone now predicts will be worse than originally predicted.

There are a lot of problems with your statements.

BTW before you go ballistic on some partisan crapola, it is true and valid tax cuts do increase some things, however it does not do what people who believe in tax cuts believe it will do. Tax cuts have historically always come in far short of predictions and never achieve the results predicted. Even Enterprise Institute is predicting loong term increases in debt and deficits while assuming 4% GDP for the long term. That does not sound good considering current predictions for for an economic contraction in the near future. Think of the deficits then. Think 2008.