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Tue Dec 5, 2017, 09:28 AM

Is Steve Mnuchin lying or incompetent? Treasury inspector general is going to find out

....The Treasury Department's inspector general is looking into whether politics is preventing Treasury Secretary Steven Mnuchin from releasing an analysis of the Republican tax proposal.

Mnuchin has said that under the GOP proposal, there would be so much economic growth it would pay for all the tax cuts, and he promised to be transparent, releasing a Treasury Department analysis of the bill. His message is at odds with an analysis released Thursday by the Joint Committee on Taxation, which found that over the next decade, the proposed bill would increase the federal budget deficit by $1 trillion, with growth factored in.....

.... What we already know about it from an anonymous economist at the Office of Tax Analysis is that the full analysis does not exist. Instead, they said, they've been doing analysis on the bits and pieces of it.

But it's entirely possible it's far more nefarious, that Mnuchin and Treasury know just how devastating this bill could be to the entire economy. Like, 1929, Great Depression devastating. If they have analysis showing that and haven't released it, allowing Republicans to jam it through, we have a right to know. Maybe we'll know that before the House and Senate get a conference bill done.

The Senate passed the worst GOP Tax Scam in history in the middle of the night, but it's NOT over. Call your members of the House or Senate TODAY at (202) 224-3121 and tell to do everything they can to stop this bill.

https://www.dailykos.com/stories/2017/12/4/1721006/-Is-Steve-Mnuchin-lying-or-incompetent-Treasury-inspector-general-is-going-to-find-out

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Reply Is Steve Mnuchin lying or incompetent? Treasury inspector general is going to find out (Original post)
wallyworld2 Dec 2017 OP
Gothmog Dec 2017 #1
Alan Austin Sep 2018 #2

Response to wallyworld2 (Original post)

Tue Dec 5, 2017, 12:33 PM

1. Both can be true

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Response to wallyworld2 (Original post)

Sun Sep 16, 2018, 05:23 PM

2. No positive signs yet

The latest data from Treasury shows the budget deficit is deepening and the debt is expanding rapidly.
Whoever calculated the impact of last year’s reduction in corporate tax rates got their sums disastrously wrong.

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