Interest rates will be higher over the next decade because of the GOP’s megabill and drive up borrowing costs even for the federal government, Congress’ nonpartisan scorekeeper predicted in a new report. The federal deficit will also increase by $4.1 trillion over a decade, according to the report.
Oh no! Another person being fired because trump doesn’t like the numbers! 🤯
This interview with Jessica Riedl if the Manhattan Institute supports your point. youtu.be/hHTNbEPisvY?...
Let not forget how the gdp will not grow and the country will stay stagnant because of it as well
Bankrupting the USA , it’s coming sooner than you think .
After Trump leaves office, the debt is going to be a lot more than that. Trump is raiding approx. 1 billion from rebuilding our nuclear missle silos to refurbish his plush plane, not to mention 500 million to add on to the White House. That's all in 6 months. During Trump 1, he spent 8 trillion.
Well, that's no biggie—we spent $6.4 to $8 trillion on Iraq & Afghanistan and all we got was a dead terrorist in Pakistan and a loudmouth dictator and his kids killed. After 40+ years, if you still think the GOP is conservative, you're a fool.
They won't believe this. Republicans have been using fake math.
Higher interest rates over the next decade, wow. So do you think that over the next decade Americans would have forgotten about #epstein ? Has the FBI finished editing the files yet? And how about that list? The powerful wealthy men are truly untouchable. Have they freed Maxwell yet?
bsky.app/profile/ogsa...
The more factors are considered the greater the total to the debt.
So much for the scorekeeper….
To think, of the rich and corporations paid just 20% of their income without a fight, this could be avoided.
📌
CBO gonna be abolished
Sadly,if interest rates do drop many Americans will end up in the hole with credit card debt and homes will go into foreclosure like they did in 2007-2008.
A trillion here and a trillion there and pretty soon you’re talking real money.
Isn't it wonderful, perfect even, that MAGA ensured the new tax structure gives billions in cuts to needy billionaires!
🐀🐀🐀
We pay more so billionaires and corporations can get tax breaks and government incentives and bailouts, and politicians were cheering this on. The breaking point is nigh upon them.
Stealing from our future.