A recent Analysis by the Committee for a Responsible Federal Budget (CRFB), has found that various Fiscal Policies enacted during the Trump Administration, resulted in the Addition of $8.4 trillion to the National Debt, over a 10-year Budget Eindow.
The Study sheds light on the significant Financial Impact of His: Tax Cuts, Spending Increases, and Pandemic Relief Measures, during His Presidency.
The same Study also Revealed that Discretionary Spending, Increases from 2018 and 2019 added $2.1 trillion, while Trump’s Signature Tax Cuts and Jobs Act, added $1.9 trillion.
It is important to note, that the CRFB has estimated that of the $8.4 trillion President Trump added to the Debt:
- $3.6 trillion came from COVID Relief Laws and Executive Orders.
- $2.5 trillion from Tax Cut Laws.
- $2.3 trillion from Spending Increases.
NYC Wins When Everyone Can Vote! Michael H. Drucker
No comments:
Post a Comment