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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLyin' Ryan: Trillion-dollar deficits were inevitable
Speaker Paul Ryan (R-Wis.) says that trillion-dollar deficits could not have been avoided by the GOP-controlled Congress, responding to critics within his party who say that leaders have behaved irresponsibly.
"That was going to happen. The baby boomers retiring was going to do that," Ryan said on NBC's "Meet the Press" of projections that the country will start running trillion-dollar deficits as soon as 2020.
Ryan and other GOP leaders have come under fire for passing a $1.5 trillion tax cut last year, which may wind up costing more than expected, in addition to a $1.3 trillion omnibus spending package in March.
Sen. Bob Corker (R-Tenn.) has said voting for the tax package "could well be one of the worst votes I've made" and that the Trump administration is "on track to be one of the most fiscally irresponsible administrations in history."
https://www.msn.com/en-us/news/politics/ryan-trillion-dollar-deficits-were-inevitable/ar-AAvUpo2?li=BBnb7Kz
So that's why you're high-tailing and running
Amimnoch
(4,558 posts)I wouldnt mind taking on a higher debt if we were actually DOING something to help the country. Little things like healthcare for all would have been a better spend maybe?
LiberalFighter
(50,942 posts)SWBTATTReg
(22,130 posts)Scary, especially in view of the fact that an easy remedy is at hand, increase the total amount of income that is subject to Social Security withholding. I don't see why most people wouldn't agree w/, considering that their parents, grandparents, etc. deserve and earned their Social Security 100%.