Max KennerlyMay 28, 2023
A lot could be said about this, but note how the GOP once again has no pretense to any form of responsible governing. In terms of the federal deficit—the thing they pretended to care about—this is a hodgepodge of bad policy ideas that will have a trivial impact on federal debt.
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@maxkennerly 2 things:
1. The IRS cuts will increase the deficit
2. Cutting spending may very well increase the deficit too. Because spending causes other spending, etc via the multiplier effect. So spending causes increases in tax revenue.
May 28, 2023 at 2:49amWeb