Surplus? It’s just as idiotic as the cheerleaders for Obama’s “surpluses”. The government usually posts a “surplus” each April. Remember, Obama had his April “surpluses” during his term including “
the largest surplus in seven years”. Denying reality does not change it.
When the government is running $ Trillion annual deficits and $20 trillion+ debt using government’s fake accounting methods, there is no surplus.
The CBO’s rosy deficit projection for 2018 is $808 billion, and that’s with extremely rosy growth estimates. When all is settled, it could top $1+ trillion – and that’s using government’s phony accounting methods, not GAAP. Any rising interest rates would further compound the budget deficit and debt.
The problem is not cutting taxes. Cutting taxes is good. The problem is the spending. And with the Republicans in charge, They turned out to be just as bad if not worse than the Dems on spending. The only budget reform the Republicans (with the exception of a few including Paul, Massey, Amash), was to increase spending, spending, spending, and increase government.
Trump killed the budget when he signed the Republican's $1.3 trillion spending bonanza bill, increasing military spending, increasing deep state agency spending. In the span of a single day, March 16, 2018, the deficit jumped $73 billion. The
debt grew $215 billion in February of this year alone. Trump himself called for even more increased military spending. The deficit is nearly
$600 billion just for the first six months of fiscal year 2018.
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