CBO Analysis of Trump's Proposed Budget

[GMDino]

(07-13-2017, 12:18 PM)Belsnickel Wrote: tl;dr:
https://www.cbo.gov/publication/52846

So, a continuation of deficit spending.

I do want to note this section of the report from page 12:


Essentially, the tax plan is not hashed out. While the administration talks about it being deficit neutral, it may not be. It could be a surplus, it could be a deficit. So this analysis is based on the assumption that it is neutral. So if the tax plan brings in less revenue (which is what most tax analysts have been saying based on the Trump messaging on taxes) then the deficits will be larger.

But the WH posted a video saying we can't trust the CBO!!!

The Congressional Budget Office's math doesn't add up.

Faulty Numbers = Faulty Results pic.twitter.com/zdf4bZ01ma

— The White House (@WhiteHouse) July 12, 2017