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eniwetok

(1,629 posts)
13. it's not a poison pill if...
Sun Feb 23, 2020, 03:25 PM
Feb 2020

It's not a poison pill except to far right ideologues if it includes true numbers about how the GOP has slashed revenue.

When corrected for inflation on-budget revenue has dropped from 2015 to 2019... in millions from https://www.whitehouse.gov/wp-content/uploads/2019/03/hist01z1-fy2020.xlsx

2015 $2,479,515 = $2,479,515 (2015 dollars)
2016 $2,457,781 = $2,422,323 (2015 dollars)
2017 $2,465,564 = $2,369,415 (2015 dollars)
2018 $2,475,157 = $2,333,043 (2015 dollars)
2019 $2,547,893* = $2,361,196 (2015 dollars)

* https://fiscal.treasury.gov/files/reports-statements/mts/mts0919.pdf
* includes about 30 billion more in tariffs than FY18

Inflation calculations done at the official government inflation site: https://data.bls.gov/cgi-bin/cpicalc.pl using the end of the fiscal year date... the 30th of Sept, for all calculations.

It's been now 40 years and the Dems STILL can't devise a compelling argument to expose the GOP's true agenda for weaponizing fiscal irresponsibility? Of course Dems may be reluctant because once Obama ran on making permanent most of Bush's irresponsible tax cuts the Dems lost some moral high ground.

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