Mnuchin: Democrats, not Trump's tax bill, to blame for deficits

[Engineer]

https://www.yahoo.com/finance/news/mnuchin-spins-false-claim-tax-201655363.html

“The tax cuts are enough to explain more than the entire increase since last year,” Fiscal FactCheck, a project of the Committee for a Responsible Federal Budget, tweeted. Marc Goldwein, the CRFB’s policy director, added that, “of the $782 billion of deficits for 2018, roughly $40 billion is attributable to defense and non-defense cap increases, and another $30 billion is from other parts of the spending deal. $160 billion+ is the result of the tax cuts.”

In other words, if not for the tax cuts, the deficit would have fallen compared with 2017, despite the spending increases.

 

[pcgeek11]

Let’s ask someone if this is correct

@pcgeek11

Is the above correct?
Question isn’t deficits being bad or not it’s also not about the budget being too big or too many on welfare/lazy government workers. Question is did the tax cut add to the deficit?

Of course it did.

 

[Fanatical Meat]

Of course it did.

I got my eye on you. You appear to be the last semi reasonable one here

 

[pcgeek11]

I got my eye on you. You appear to be the last semi reasonable one here

LOL.