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The Trump tax cut proposals are certain to reduce the federal revenues by a large amount.
The economy is also about 7 years into an economic expansion and there will be have to be a recession or at least stagnant growth as all good things economic tend to change direction.
There are also massive demographic changes and there will be a massive increase in the number of people earning their Social Security and Medicare.
Trump is also planning a trillion dollar infrastructure spending spree, which is obviously much needed.
I am just curious as to how all this will impact the national debt?
It seems impossible to pass all these massive tax cuts in an era of huge demographic changes that will require huge increases in government expenditures.
It gets better. Trump wants a three trillion dollar infrastructure bill (it went up) and his own family's security costs average about a $100 million a month while also doing massive tax cuts. Hey, that I get tax cuts sounds great. But with less money and more spending, it's no wonder that Republicans want to privatize Medicare.
What happens is that the national debt goes sky high. That's why they are intermittent democratic administrations, to return the country to solvency and bridge over the next republican period of destruction.
Hold on one minute !! Trump promised jobs -new bridges - lower health cost and kill off Isis.. And the Great Wall! Why you mucking it up with budgets and expenses--- that's the dems problem!!! . Trumpnosys- believing in big things with out considering the practical matters --Too much detail here.
What happens is that the national debt goes sky high. That's why they are intermittent democratic administrations, to return the country to solvency and bridge over the next republican period of destruction.
To raise taxes yet again to doubt.
Remember all of the failed Dem programs continually need further increased funding while they continue to fail repeatedly and cost us a fortune with pathetic results.
The national debt depends on whether the spendaholics in congress can be stopped and their idiotic and useless programs reigned in and reduced or eliminated.
What happens is that the national debt goes sky high. That's why they are intermittent democratic administrations, to return the country to solvency and bridge over the next republican period of destruction.
Thank you. That helps to explain why we went from 10 trillion to 20 trillion in debt under Obama.
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Originally Posted by Seacove
It gets better. Trump wants a three trillion dollar infrastructure bill (it went up) and his own family's security costs average about a $100 million a month while also doing massive tax cuts. Hey, that I get tax cuts sounds great. But with less money and more spending, it's no wonder that Republicans want to privatize Medicare.
Where does that number come from? Seems a bit much.
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-- that's the dems problem!!! 
. Trumpnosys- believing in big things with out considering the practical matters --Too much detail here. 
