We are reaching $1 Trillion deficit. Great!

[buyinghouse]

@marcus335

Yawn. Social security and Medicare are funded by payroll taxes not income taxes. Payroll taxes weren’t cut. If anything, as labor force participation increases the amount of payroll taxes collected is increasing. That improves the situation.

If anyone else actually believes tax cuts are the problem, then I can post the data that shows:

1. Tax revenue increases in the years following tax cuts
2. Spending on entitlements as a percent of GDP has skyrocketed since the 1950’s
3. Military spending is lower as a percent of GDP than it was on the 1950’s

We have to read the usual deflector in chief. The poor guy kind of forgets we had the famous tax cuts which would erase or lower the deficit, or our national debt, I can’t recall which one.
Same analogy is being used by the turdblicans, “entitlements”. That’s how they are calling the services people have paid for years, services they so deserve, nothing to do with income taxes which corporations are savvy to skirt.

Many departments are lacking personnel, and even with the departments empty this dumb administration is in the red?

The deficit may be 'cause the $1.8 Billion requested by twithler to build a wall paid for by Mexico.

MAGA!