Claim(permalink)
“We are $20 trillion in debt. The projected deficit over the next 30 years is over $100 trillion. Maybe as much as $129 trillion. From my standpoint, it’s not time to cut individual tax rates. What it’s time to do is make American businesses competitive globally so our economy can grow. And again, the stat that I just told you about. . . . Revenues increased to the federal government by $1.2 trillion per year even with the meager economic growth we’ve had since 2009.”
Factors
veracity
Political Leaning
Sentiment
Date published
2017-11-27
Entities
MarsPinocchioChris CuomoUnited States Department of the TreasuryFederal government of the United StatesGreat RecessionNonpartisanismRepublican Party of TexasCNBCRon Johnson RecordsCongressional Budget OfficeSocial Security debate in the United StatesChicagoGross domestic productCNNDeficit hawkTax Policy CenterUnited States Senate Committee on FinanceTalking pointEconomy

