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(5,240 posts)The Velveteen Ocelot
(115,280 posts)Who is that idiot? She also said black unemployment was down because of the tax cuts! Like that would happen in two weeks, if ever? The others laughed at her.
HipChick
(25,485 posts)mindem
(1,580 posts)And it seems like they are working real hard to position all of the economic gains of the Obama administration to the repuke tax cuts.
C_U_L8R
(44,895 posts)struggle4progress
(118,041 posts)struggle4progress
(118,041 posts)elleng
(130,153 posts)The final rough analysis for the legislation came from a new report from the University of Pennsylvania, using its Penn-Wharton Budget Model to assess the budgetary effects of the bill.
While Trump administration officials say the legislation would pay for itself, some Senate Republicans have been hesitant to support the bill over concerns that it would cause a massive increase in the federal debt.
The Penn model found that the bill would increase the federal deficit by $1.327 trillion over the first 10 years after it becomes law (not including debt-service costs). Even when factoring in the economic boost from the tax cuts, according to the report, the bill would still add $1.271 trillion in debt.'>>>
http://www.businessinsider.com/trump-gop-tax-reform-bill-analysis-reviews-text-2017-11