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Tue May 1, 2018, 10:52 AM

How much will Trump's tax and spend policies cost? 2.4 TRILLION DOLLAR DEFICITS a year.

Our projections show that under current law, trillion-dollar deficits will return permanently by next year and debt will exceed the size of the economy within a decade. Under potentially more realistic policy assumptions, the country will be facing a $2.4 trillion deficit and debt of 113 percent of Gross Domestic Product (GDP) by 2028. These projections show a fiscal situation that is clearly unsustainable.

http://www.crfb.org/papers/updating-us-budget-outlook

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Response to Doodley (Original post)

Tue May 1, 2018, 10:54 AM

1. Quibble here...Repubs don't "tax and spend"...

Repubs borrow and spend.

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Response to Doodley (Original post)

Tue May 1, 2018, 11:00 AM

2. drumpf runs our country like he runs his businesses; into bankruptcy.

Conservative redumbliCONs are total frauds!

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Response to democratisphere (Reply #2)

Tue May 1, 2018, 11:38 AM

6. And when Obama was President, all you heard was "national debt, national debt, national debt."

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Response to Doodley (Reply #6)

Tue May 1, 2018, 12:27 PM

8. redumbliCONs are stupid, idiotic hypocrites.

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Response to Doodley (Original post)

Tue May 1, 2018, 11:11 AM

3. If those numbers are borderline accurate....

Yikes.

The Dems need to frame the "conservative gop" as the party of debt and deficits. Come up with a catchy slogan and repeat ad nauseum. Every Dem on every show, everywhere on social media....talking points, everyone on the same page.

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Response to awesomerwb1 (Reply #3)

Tue May 1, 2018, 11:37 AM

5. You are right, but doubt it will happen. I don't see any real fightback against what Trump is doing.

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Response to Doodley (Original post)

Tue May 1, 2018, 11:20 AM

4. putin is doing to america what america did to the ussr -- drive them bankrupt.

we used an expensive arms race and also kept afghanistan going as a constant drain on their military.

the overspent themselves into collapse. we used their dependence on the strong military and a political inability to pull out of afghanistan against them.


putin is doing the same thing to us. using our addiction to tax cuts for the rich and refusal to pay for them against us. well of course it's just the republicans who are the irresponsible ones, so he had to make sure the republicans won....

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Response to Doodley (Original post)

Tue May 1, 2018, 12:16 PM

7. That's the real trickle down part that they don't want to talk about. nt

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Response to Doodley (Original post)

Tue May 1, 2018, 12:58 PM

9. I am a high earner and also am incorporated. My taxes are going up.

Seriously. I've been incorporated for a decade and am in the highest tax bracket. I thought I was supposed to be one of the beneficiaries of this stupid new tax policy, yet my CPA tells me I'm going to be paying more in taxes this year, due to the Blue State penalty. Who, exactly, is benefiting?

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