Political Forums  

Go Back   Political Forums > Economy

We appreciate your help

in keeping this site going.
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #9  
Old 07-18-2018, 11:14 AM
Chicks Chicks is offline
Senior Member
 
Join Date: Mar 2017
Posts: 13,331
The White House Makes a ‘Trillion-Dollar Admission’

The updated budget now includes a projected 2019 deficit of $1.085 trillion, up from $984 billion in February — and more than double the $526 billion the White House called for in its 2018 budget.

“This is a striking acknowledgement following almost two years of claims that economic growth unleashed by these policies will wipe deficits away,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.

Meanwhile, the average growth rate projected over 10 years has dropped under 3 percent.

https://finance.yahoo.com/news/white...205110561.html

Gosh, who could have predicted this?
__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 04:20 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.