bostonangler Posted July 18, 2018 Report Share Posted July 18, 2018 The White House Office of Management and Budget on Friday released its updated annual budget request, known as the mid-session review. The numbers don’t mean much given that the president’s budget won’t be enacted — but they do contain what the Committee for a Responsible Federal Budget calls “a very big trillion-dollar admission.” Namely, the White House’s own deficit projections keep rising, thanks to the recently passed tax cuts and spending increases. The updated budget now includes a projected 2019 deficit of $1.085 trillion, up from $984 billion in February — and more than double the $526 billion the White House called for in its 2018 budget. “This is a striking acknowledgement following almost two years of claims that economic growth unleashed by these policies will wipe deficits away,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget. Meanwhile, the average growth rate projected over 10 years has dropped under 3 percent. https://www.yahoo.com/finance/news/white-house-makes-trillion-dollar-205110561.html Wow imagine that? Corporate welfare and increased spending isn't working and is increasing the deficit... Let's hope someone in Congress figures out the figures... B/A 2 4 Quote Link to comment Share on other sites More sharing options...
Muleslayer Posted July 19, 2018 Report Share Posted July 19, 2018 We could consult Obumer. 2 1 1 3 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted July 19, 2018 Author Report Share Posted July 19, 2018 7 hours ago, Muleslayer said: We could consult Obumer. Do you mean about bringing America back from the Bush debacle? B/A 1 3 Quote Link to comment Share on other sites More sharing options...
Muleslayer Posted July 20, 2018 Report Share Posted July 20, 2018 Why not? 😘 1 3 Quote Link to comment Share on other sites More sharing options...
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