InvestorsHub Logo
Post# of 214206
Next 10
Followers 88
Posts 53003
Boards Moderated 0
Alias Born 04/13/2001

Re: None

Friday, 05/26/2017 8:39:13 PM

Friday, May 26, 2017 8:39:13 PM

Post# of 214206
How does President Donald Trump’s proposed budget reach a balance in 10 years, as the administration says it will?
With 3 percent economic growth, says Mick Mulvaney, director of the White House Office of Management and Budget.
How does Trump plan to deeply cut taxes without reducing federal revenues?
Economic growth, says Steve Mnuchin, secretary of the treasury.
Wait a minute, say tax and budget experts, that’s double-counting the same money.
“The same money cannot be used twice,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
http://www.factcheck.org/2017/05/double-counting-growth/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.