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President Trump's Budget Includes a $2 Trillion Math Error (time.com)

An anonymous reader quotes a report from TIME: President Trump's budget includes a simple accounting error that adds up to a $2 trillion oversight. Under the proposed budget released Tuesday, the Trump Administration's proposed tax cuts would boost economic growth enough to pay for $1.3 trillion in spending by 2027. But the tax cuts are also supposed to be revenue-neutral, meaning that trillion dollars is already supposed to pay for the money lost from the tax cuts. Former Treasury Secretary Lawrence Summers called the oversight an "elementary double count" and "a logical error of the kind that would justify failing a student in an introductory economics course" in an op-ed in the Washington Post.

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  1. Re:Not an error. A lie. by GLMDesigns · · Score: 0, Troll

    The IRS looks at his taxes every year. So, unless you're saying that the IRS has not done its job his taxes have been checked.

    All this is supposition upon supposition. If true he gets funds from others (pay for play) then he deserves to go to be disgraced, impeached and go to jail. Now, that applies to all politicians, including those with charities pressuring others to "contribute."

    We're pretty positive the Clintons have done that for years. We have NO evidence of that for Trump. (Yet) Nonetheless you call him Herr Donald. Do you go Herr Bill as well? (There's a pun there somewhere.)

    Re the election. GTFOH. There was no hack of an election. This is a tech site, remember?
    Wikileaks has been more honest than the NYTs and they've been insisting that it was leak.

    --
    If you're scared of your govt then you need to further restrict its powers
    Vote 3rd Party in 2016 and beyond
  2. Re:Not an error. A lie. by Anonymous Coward · · Score: 0, Troll

    In a sense im not sure it matters anymore. Speaking from the perspective of canadian, the US government seems totally messed up from top to bottom.

    I mean, if trump gets impeached you still get crappy people taking his job... it's just a constant stream of crap. Yet the internet seems rife with americans that seem to think everything is fine and great or want to blame it on that other guy, as if that helps the situation they are currently in.

    Rightly or wrongly, it seems like america as, a sum of the whole, has some sort of mental illness.

  3. Re:Obamacare did same thing by Archangel+Michael · · Score: 0, Troll

    Thanks for proving the point of the GP. You're so stupid you can't even figure out that enough people aren't falling for that name calling crap anymore, especially when the Feminist Enabler to the former Rapist in Chief called everyone that disagreed with her candidacy "Basket of deplorables"

    You know who is racist? All those people excusing everyone's inablities to function in society on their skin color (Democrats)

    "Can't you pull up your pants?" ... "RACIST!!!" (I still don't see what skin color has to do with properly securing garments to one's body)

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  4. Re:Not an error. A lie. by Archangel+Michael · · Score: 0, Troll

    With a mallet made of depleted uranium.

    Secured by Hillary Clinton and massive donations to the Clinton Crime Family Foundation, and speaking fees to the former Rapist in Cheat Bill.

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  5. Re:Try Bush/Obama math... by Archangel+Michael · · Score: -1, Troll

    A bar owner can double the price of their beer and make double the money--if they're currently charging a penny for a pint.

    The problem with taxes, is that every time we try to lower them, liberals go ape shit crazy, as if you're tossing Grandma off a cliff, killing kittens and eating babies. Democrats only know one thing, "Increase taxes!!"

    See California, which is raising taxes once again, to pay for things previous taxes were raised for, but redirected by Democrats into their pet projects and social experiment programs. In this case, it is "Gas" taxes to pay for "Roads" that previous taxes were supposed to pay for. Meanwhile, they will be surprised when tax revenue from Gasoline drops as more people figure out that a Tesla is less expensive now and actually pays for itself, depriving the state of much needed Gas Taxes.

    Tax what you want to rid, and it goes away. Why are we paying taxes on income again?

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  6. Its Ok I know where we can get the money by 3seas · · Score: -1, Troll

    The day before 9/11 Donald Rumsfeld stated publicly the pentagon could not account for 2.3 trillion dollars of their spending of taxpayer money. on 9/11 the accounting department of the pentagon was destroyed, Prior to this was the so called "trillion dollar bet" of the world stock market that drained South East Asia, Indonesia was hit hard and by CIA stats at that time, it was 88% Muslim. Later unaccounted for government spending reached over 8 trillion (i.e. http://www.reuters.com/article... , http://www.zerohedge.com/news/... ) and just google for these things if you don't like the links for others.

    Where did the money go? Funding of the deep state... http://www.zerohedge.com/news/...

    Stop funding the deep state and there will be more than enough.
    got a problem with government, or not? http://3seas.org/pmwiki-gov/ click link, read and share, and with your representatives. Does Trump's use of the word "We" actually include the people? Lets find out!

  7. Re:Not an error. A lie. by Tulsa_Time · · Score: -1, Troll

    Wonder what might have (not) happened if the UK had a similar travel ban.

    http://www.breitbart.com/londo...

    --
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