Will Republicans cut taxes and borrow more? Will the Freedom Caucus stand up and save the US from fiscal disaster?
Here is a good summary of US finances including projections up to 2036.
By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.
www.cbo.gov
View attachment 1103817
1. Focus on the total deficit, its not coming down fast enough to stop the DEBT from exploding.
2. I don't see "Tariffs" as a major source of revenue.
3. I don't see Welfare as a major expense, yet I know it is?
4. We need to phase non-Federal expenses back to the states. Welfare to work, 2-year max lifetime, Medicaid/Obamacare goes back to 50/50 Federal/State cost sharing.