Tag: Budget Deficit
Trump Administration’s Deficit Forecast Is Waaaaay Off
$9.5 trillion
“The Congressional Budget Office estimates the government will take in $1.9 trillion less in revenue and spend $300 billion more over the next decade than the White House estimated under its latest budget proposal if the plan were enacted,” the Wall Street Journal reports. “Deficits would total $9.5 trillion over the coming decade, or $2.3 trillion more than the White House estimates.”
The Great Reneger
We know Donald Trump’s all bluster and swagger,
And his administration is just an unnatural disaster.
But now he wants back in to the TPP
And to roll back the GOP’s spending spree,
At this rate his lasting legacy will be as The Great Reneger.
Not So Funny
Trump’s budget, by human compassion, is unencumbered.
As usual, for the poor and working class, it’s a bummer.
And that ballooning deficit?
Our grandkids will pay for it,
Though Mick Mulvaney says he could have balanced it using “funny numbers.”