Go Back   RGN - Reliable Global News > RGN North American News > Cabinet

Cabinet Discussions relative to Trump Cabinet

Reply
 
Thread Tools Display Modes

Tax Cuts Will Help Lower Deficit Down the Road
  #1  
Old 1 Week Ago
RFMariano's Avatar
RFMariano RFMariano is offline
Site Owner - Administrator
 
Join Date: Aug 2006
Location: Florida, USA
Age: 75
Posts: 13,640
Rep Power: 189
RFMariano is a splendid one to beholdRFMariano is a splendid one to beholdRFMariano is a splendid one to beholdRFMariano is a splendid one to beholdRFMariano is a splendid one to beholdRFMariano is a splendid one to behold
Default Tax Cuts Will Help Lower Deficit Down the Road






House Budget Director:

Tax Cuts Will Help Lower Deficit
Down the Road




Director of the Office of Management and Budget Mick Mulvaney talking during a television interview outside the White House in Washington.
(AP Photo/Carolyn Kaster, File)

OAN Newsroom - Tues. February 13, 2018

White House Budget Director Mick Mulvaney warns this yearís increased budget deficit could cause interest rates to rise.

The budget deal, which President Trump signed into law last week, is expected to increase the deficit by $1.2 trillion.

However, Mulvaney said the tax cuts will create economic growth, which will eventually lead to a lower deficit.

He reiterated the presidentís claims that Republicans were forced to increase spending on welfare programs in order to get Democrats to vote in favor of the bill.

Mulvaney noted, Americaís rising debt is a serious issue and needs to be addressed sooner rather than later.

The budget director said Congress needs to restructure its spending habits, adding, the money Democrats want to put toward social programs should be spent on infrastructure and tackling the opioid crisis.

SOURCE
__________________

Regards,

Reply With Quote
 
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 04:52 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Content Copyright © RGN - Reliable Global News