Eric McDaniel | NPRMay 16, 2023

The Center for American Progress, a center-left think tank, found in a recent report that debt as a percent of the U.S. economy would be falling without the tax cuts initiated by the two most recent GOP presidents. Revenue has been significantly lower than nonpartisan forecasters projected before the tax cuts.

https://www.washingtonpost.com/business/2023/05/15/debt-ceiling-negotiations-deadline-default/

GOP rejected White House effort to close tax loopholes in debt ceiling talks

Negotiations are stuck and time is running out, but Republicans have signaled that there cannot be any new tax hikes as part of a budget deal.

The Washington Post
Show threadJim Hubbell
@eric
No kidding. This has been the pattern with every republican except George H. W. Bush since Reagan.
May 16, 2023 at 4:29amWeb