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| UGADawginVA Growing old on the VS (96.238.177.129) on 6/26/2018 - 5:44 p.m. says: ( 306 views , 16 likes ) |
"When R' are in power: Tax Cuts will pay for themselves..(a lie) when D's are in office..." |
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Message Replied To ========== CBO report on national debt http://politicalwire.com/2018/06/26/cbo-warns-of-ballooning-u-s-debt/ A new CBO reports says the national debt “is on track to nearly double as a share of the economy over the next 30 years,” NBC News reports. “Federal debt is currently equivalent to 78 percent of the country’s annual Gross Domestic Product, with the report estimating it will rise to 100 percent of GDP by 2030 and 152 percent by 2048. The share of debt would surpass records set in the World War II era.” Link now clickable. ============================== the increase in spending will be offset by the increase in the rich's taxes...(another lie) |
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