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Giantone · 02-19-2025, 05:44 PM

I thought trump was cutting the Budget???
Guess Not! Tax cuts alone will add Trillions.

https://news.yahoo.com/despite-doge-...120041584.html

Despite DOGE, Trump's agenda calls for adding trillions of dollars to U.S. debt

Trump has called for a series of steep tax cuts — from extending his expiring 2017 tax law to eliminating taxes on tips, overtime pay and Social Security benefits — that would add at least $5 trillion to the 10-year deficit compared to the red ink if no changes are made to current federal law, according to the nonpartisan Committee for a Responsible Federal Budget. That figure could rise to $11 trillion depending on how his so-far-ambiguous proposals are structured.

02-19-2025, 05:44 PM	#62
Giantone Gamebreaker Join Date: Apr 2006 Posts: 14,259	Re: Dictator Trump Takeover I thought trump was cutting the Budget??? Guess Not! Tax cuts alone will add Trillions. https://news.yahoo.com/despite-doge-...120041584.html Despite DOGE, Trump's agenda calls for adding trillions of dollars to U.S. debt Trump has called for a series of steep tax cuts — from extending his expiring 2017 tax law to eliminating taxes on tips, overtime pay and Social Security benefits — that would add at least $5 trillion to the 10-year deficit compared to the red ink if no changes are made to current federal law, according to the nonpartisan Committee for a Responsible Federal Budget. That figure could rise to $11 trillion depending on how his so-far-ambiguous proposals are structured. __________________ ....DISCLAIMER: All of my posts/threads are my expressed typed opinion and the reader is not to assume these comments are absolute fact, law, or truth unless otherwise stated in said post/thread.