Is our Federal government running debt free with Republicans continuing to cut taxes for wealthy?

And so, in your opinion, does our government have enough revenue to run itself in a debt free manner and be well able to pay for repair of us infrastructure, military and other government expenditures?

If you agree and believe that America does not have a revenue shortfall due to continued loss of tax revenue thanks to Republican tax cuts for the wealthy , then why does America borrow heavily from foreign countries to make ends meet?

If you do NOT AGREE that our government is solvent due to Republican tax cuts for the wealthy and that loss of revenue, then what is ahead for a perpetually insolvent America?

Thanks for your answers.

4 Answers

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  • Pearl
    Lv 7
    2 months ago

    i would hope so

  • 2 months ago

    We took in more money that way.  Not really following you.  Revenue was record levels until COVID

  • Kieth
    Lv 7
    2 months ago

    These are the same tax laws we had under Obama.

  • 2 months ago

    Federal Government doesn't need cutting taxes.... like Trump,  they themselves cut taxes by avoiding to pay their income tax returns....

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