Anonymous
Anonymous asked in Politics & GovernmentPolitics · 6 months ago

If Trump did not cut taxes for the rich and increased the deficit to a trillion a year, he would not have to raise the debt limit this year?

Update:

2 trillion dollars in 2 years. If the deficit remained at $500 billion per year than the debt limit would not have to be raised until 2021.

11 Answers

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  • 6 months ago

    Sorry to burst your bubble but it is Congress, not the President, that decides how much spending there will be and raises the debt limit. The House, where all spending bills have to originate, is controlled by the democrats and if they choose they can cut spending enough to balance the budget. Where do you suggest that they cut?

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  • 6 months ago

    So, Obama raised taxes and still raised the debt limit every year, what was your response?

    Source(s): So
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  • blu
    Lv 7
    6 months ago

    Balancing the budget was a campaign promise of his but he didn't say how. It was just his usual BS and lies. However, he went after the tax reform that saves him millions first thing. So, mission accomplished ... that was motive to run for president.

    He doesn't care about the debt limit. He gave the money used to pay our bills away.

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    • blu
      Lv 7
      6 months agoReport

      However, he tried to slash more but the GOP wouldn't give him where he wanted the bush tax cuts to expire

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  • Chris
    Lv 6
    6 months ago

    Most of macroeconomic seems like common sense to me, but liberals can never grasp even the basic fundamentals.

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  • 6 months ago

    You are right. Republicans enjoy letting someone else deal with the problems they create. in this case, it could be their own children.

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  • Susie
    Lv 7
    6 months ago

    Funny how you libs didn’t have one care about the debt when Obama added 12 trillion. I don’t think you care now, it’s just another thing you can hypocritically whine about.

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    • J
      Lv 4
      6 months agoReport

      Do you forget about the Republican Great Recession on purpose or are you just stupid? He also paid for two wars that we were waiting on oil money to cover the cost.

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  • 6 months ago

    Oh now the Left has all of a sudden become fiscally responsible types.

    • Alexander
      Lv 6
      6 months agoReport

      Republicans used to claim THEY were. Why the 180 now?

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  • Anonymous
    6 months ago

    Trump doesn’t pay taxes.

    • Mike
      Lv 7
      6 months agoReport

      Yes he does

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  • Anonymous
    6 months ago

    I think liberals should find jobs

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  • Mike
    Lv 7
    6 months ago

    It would have to be raised anyway , Taxes have nothing with it .

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    • Mike
      Lv 7
      6 months agoReport

      Well Social Security , Medicare and Medicaid are 75% of the budget . and on auto pilot . The baby boomers are retiring . This was predicted in the 1990s and nobody has fixed those yet . they will swallow up other things in the budget .

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