You will never "balance the budget" your way out of national debt, both because it's super hard and because politicians are greedy pos who don't pay for the bills they incur.
We do however, have the ability to grow GDP to the point where the debt is back to "acceptable" levels.
This was, and always has been the argument. Even Clinton knew this.
Well we are forecasted to take in slightly more federal revenue in FY 2018 than in FY 2017. Leftards told me that the massive tax cuts would hammer federal revenue. Go figure. Leftards don't do numbers and shit.
Well we are forecasted to take in slightly more federal revenue in FY 2018 than in FY 2017. Leftards told me that the massive tax cuts would hammer federal revenue. Go figure. Leftards don't do numbers and shit.
Rightards like to take into account the first 4 months of the year before the tax cut effects and April was payment for 2017 tax code. I have posted monthly revenues. February, March, may, June and July were all lower than last year.
Taxes are necessary for common things like roads, police, fire fighters, schools, emergency services, disaster fund, SSI, and reasonable defense. Everything else is legalized theft.
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"but Obama..."
Cut spending
Tax cuts paying for themselves was never the argument anyway
Tax cuts spurring growth is and its correct
HTH
#BoomersToGitmo
Spending runs up the debt. Increased growth increases revenue.
https://www.forbes.com/sites/jeffreydorfman/2017/12/10/the-tax-cuts-will-pay-for-themselves-if-we-wait-long-enough/#d06e55e11bc8
We do however, have the ability to grow GDP to the point where the debt is back to "acceptable" levels.
This was, and always has been the argument. Even Clinton knew this.
Wait, are you "trolling" me again with your stupidity?
Taxes are necessary for common things like roads, police, fire fighters, schools, emergency services, disaster fund, SSI, and reasonable defense. Everything else is legalized theft.