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How can $4.5T in reduced revenue result in $19T in INCREASED deficits, especially considering (smaller) spending cuts also included?
Did you mean $19T in TOTAL deficit?
Because the budget baseline already includes about $16 trillion in deficits expected over the next 10 years.
Add in the GOP plan $4.5 trillion in tax cuts (less revenue) offset partially by $1.5 trillion in budget cuts = an additional $3 trillion+ in deficits.
$16t +$3t = $19t
Do you support President Trump's executive order creating DOGE, the Department of Government Efficiency?
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The only other thing is a $4 trillion increase in the debt limit. This is just a budget outline. There are no details right now.
We gotta fix this or we're going to "literally go bankrupt" as you put it.
Where are you getting that $19 trillion number? CBO saying at least $2.8 trillion.
Hey so MAGA can fuck off forever about fiscal sanity, efficiency and savings if this becomes law.
DOGE did a good job of making the government efficient.
Its a good deficit y'all,a righteous deficit in the name of Jesus.
as expected deficit reduction is going great
but surely pushing out a few more VA nurses will do the trick!
The GOP holdouts lasted for 25 minutes. Wow. And these people are paid to represent American citizens? LOL! -- A Canadian
I just can't understand this at all please help me wrap my head around it. All I hear are phrases balanced budget cut the deficit blame the Democrats and they spend money in ways that make Democrats jealous
Where is the fiscal conservatism in this budget, MAGA?? $19T added to the deficit?!
The fiscal conservatives of the US House are total phonies . $60 trillion in the hole here we come.
The bill doesn’t specify that $4.5 trillion will be used for tax cuts and the $19.86T (to be specific) deficit was already going to happen under the old spending plan that’s being replaced. This administration is clearly committed to reducing the deficit.
congress.gov/119/bills/hcon
Just imagine how bad it would be if DOGE hadn’t gone and saved $5 million!!!!
For all those people who said, but “the deficit!”
I’ll repeat,
“increases deficits by more than $19 trillion over 10 years.”
Analysis of the specific Trump Administration Executive Orders and other actions:
Keep fighting communism by cutting services and giving money to billionaires and corporations. The kids will pick up the tab! We
deficits
the only upside is that conservatives will never have the privilege of being taken seriously when whining about how bad things in the US are
They're trying to tank the economy. No more crypto bros in charge.
It’s a sick world we live in. This country mindlessly votes against our own interests electing these morons who don’t give a crap.
So....I'm really not a fan of communism, but its really starting to feel like the political class is really asking for it at this point.....
This is why we ended up with so much inflation...running up the debt.
He will insist on low interest rates as well.
Short-term gains, long-term disaster
cutting 4.5 trillion is just going to result in more national debt. absolutely nuts.
If you vote for a con man you should be prepared to get conned. Can you give us a breakdown of the % of cut on a per income tax bracket basis.... didn't think so. You've double screwed the average American.
The last fiscal conservative republican administration was Eisenhower go back to his tax rates
There you go, MAGA! America's 10 year plan to being great again in the sum of a grand 19 Trillion dollar increased deficit. BOOM!