On Friday the House Budget Committee presented its budget proposal to the full House. It calls for $1.5 trillion in spending cuts. Yet, it adds $4.5 trillion to the budget deficit. How can that be? Hint: think of tax cuts. - ThreadSky

johndeweysapostle.bsky.social • 6 days ago

On Friday the House Budget Committee presented its budget proposal to the full House. It calls for $1.5 trillion in spending cuts. Yet, it adds $4.5 trillion to the budget deficit. How can that be?

Hint: think of tax cuts.

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