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Spending limits by $320 billion while suspending the debt ceiling until after the 2020 election. what does that mean? it means the profligate spending is protected. how convenient. federal discretionary spending is now growing faster than it was under the obama administration. when you combine huge spending and reduced tax revenue thanks to the trump tax cut, what do you get? a fat deficit approaching $1 trillion up from 779 billion last year. the national debt to mr. trump s then citizen trump s point? 22 trillion earlier this year up from 19 trillion when he took office. the tax cut will spark business. and if you just give it time those numbers will come back down. that s what they told you. that was fiction. here are the facts. for fiscal year 2018-19 individual tax revenues fell 2%. corporations down 22%. the corporate shortfall is more money than all taxes collected ....
Reduced tax revenue thanks to the tax cut. a fat deficit approaching $1 trillion up from 779 billion last year. the national debt to mr. trumps citizen trumps point. 22 trillion earlier this year up from 19 trillion. when he took office. the tax cut will spark business. and if you just give it time the numbers will come back down. that s what they told you that was fiction. fiscal year 2018 individual tax revenue fell 2%. corporations down 22%. the corporate shortfall is more money than all taxes collected from the rest of us. no, the tax cut didn t raise revenue and no, companies are not raising wages or lowering prices in a way that balances out the gift to them. i know this is thousand works. roll your eyes. don t do that. for the the talk about plan and ....
T-mobile will do the math for you. right now, when you join t-mobile, you get two lines of unlimited with two of the latest phones included for just one hundred bucks a month. ful. right now the economy is looking strong, but you have low employment and tax revenue plummeting and government spending is going up. now, what does that give you? it gives you a big fat deficit for the first quarter of the 2019 fiscal year. now, here s the political confusion. when you think republican, very often you think fiscal ....
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Understanding? no. i see it gets the ratings and revenues that there is no evidence to that whatsoever. you saw him say it publicly in the cabinet room and stood by that on the week. we are very busy here working on the issues that this president was elected to do. this is the last tax day that people will have to live under the yoke of the tax increases tat th that they had over many different years. it will be simplified, paying less cht corporate tax rate is way down. look at the 5 million plus americans who are getting bonuses, raises or both. we have bnt gun to talk about trillions of dollars in repatrioted wealth. you need to offset that big fat deficit that we have now ....