No wonder the media loves Paul Ryan's budget so much. There math is off. This morning on the show The Daily Rundown, Chuck Todd and Savannah Guthrie, were interviewing Becky Quick about her show The American Tax Cheat. During the coversation Quick noted that the IRS claims that each year there is a so called tax gap of about $300 billion. At the end of the segment Todd stated that they had done some back of the envolope math and that realized that $300 billion over ten years added up to $1.3 trillion. Todd is wrong. $300 billion over ten years adds up to $3 trillion. I do not have video of this incident, but maybe someone can find the video.
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