PEPPERJAX
Let's Do A Ritual....
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All major news outlets have headlines about the forecasted $2.4 trillion effect of the bill on the debt... except one.
Fox's headline is that the CBO projection is that it saves $3.7 trillion in taxes.
I suppose both are correct but one is very much hiding the ball from its viewership.
military spending is not discretionary either. so if you are carving out SS and Medicare, the military gets a pass too.No. Entitlement spending on Medicare and social security are not discretionary. By far the biggest part of the problem is defense spending and tax breaks for the wealthiest.
military spending is not discretionary either. so if you are carving out SS and Medicare, the military gets a pass too.
actually the biggest issue after SS and Medicare is debt interest payments. It has, or shortly will pass military spending.
at this rate we are going to be upside down on the debt in my lifetime. meaning we are going to have to borrow money to pay INTEREST on the money we have already borrowed.
how do you feel about the status quo (no bill)? 1.7trillion deficit cool?
seems to me the analysis should look at the delta in the deficit and that's still bad but it also includes significant tax relief compared to what the status quo brings.
No idea but I do know that a single year look at the problem is deceiving. We trended in the right direction under only two presidents that I can recall in relatively recent memory.
I don't believe for a minute that Dems would be for any kind of "cuts" regardless of what republican cows do or don't get cut.
"Says the quiet part out loud"Its in there between the lines. Apparently you hear what you want to hear.
This lady would be funny if not so scary. How could she be expected to know what's in a bill she voted for?
She then goes on to claim it's a critical step for America no matter the price tag. This is why no one takes the gop seriously