The Soapbox

VisorBoy Hokie

Joined: 12/28/2002 Posts: 207
Likes: 108


There is a JCT analysis...good news and bad news situation...


$1.4T in deficits and $0.4T in revenues from growth.

Good news: there's a trough in 2026 with an upswing afterward.

Bad news: the $1T in total debt added over 10 years and the fact that the 2026 and onward projections (Years 9 & 10) are probably the least reliable.

(In response to this post by WahooMatt05)

Link: https://www.cnbc.com/2017/11/30/senate-tax-bill-would-still-add-1-trillion-to-the-deficit-after-growth-congressional-analysis-says.html


Posted: 11/30/2017 at 5:53PM



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Current Thread:
  Interesting update. A re-write is going on. -- WahooMatt05 11/30/2017 7:30PM
  Exactly, you guys prove daily that big govt never works -- TomKazanski 11/30/2017 6:50PM
  Reagan taught us deficits don't matter, right? -- Shenhoo 11/30/2017 8:54PM
  News flash, tax cuts are shrinking the govt -- TomKazanski 11/30/2017 7:59PM
  LMAO! Come to your senses. ** -- Shenhoo 11/30/2017 8:20PM
  Poor dumb Tom. LOL. ** -- WahooRQ 11/30/2017 8:04PM
  That's because the media IS biased -- Beerman 11/30/2017 3:58PM

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