The Republican Party revealed its true colors on Tuesday, when nineteen GOP senators sided with the Democrats to pass an extremely misnamed $1.2 trillion “infrastructure” bill through the Senate. Note the names of the Senators that sided with the Democrats: Roy Blunt, Missouri Richard Burr, North Carolina Shelley Moore Capito, West Virginia Bill Cassidy, Louisiana […]
Obama left Trump a powerful, healthy and expanding economy. In 2021 Trump— even without a recession— will be leaving Bernie or whoever wins the presidency, something very different. As it does every year, the CBO just released a report presenting its budget projections for the next 30 years reflecting current law.
Goldman Sachs expressed its concern over the matter of the continuing huge budget overruns the United States Government amasses every year. CNBC reported that Jan Hatzius the chief economist at Goldman, predicted the annual budget deficit rising to over $2 TRILLION by 2018, an amount that is projected to be about seven percent of the Gross Domestic Product (GDP) for that year.
He further noted:
We're trained in school to take whatever comes out of Brookings seriously, very seriously. That doesn't mean they always get it right though. Henry Aaron's piece Thursday, Tax and Spending Legislation Disarms Us Against Next Recession is... oldthink.
(ZHE) After a stunning healthcare defeat last week, delivered at the hands of his own party no less, Trump took to twitter to predict the imminent ‘explosion’ of Obamacare.
ObamaCare will explode and we will all get together and piece together a great healthcare plan for THE PEOPLE. Do not worry!
— Donald J. Trump (@realDonaldTrump) March 25, 2017
