Mainecat Posted September 22, 2016 Share Posted September 22, 2016 Report: Trump proposals would add $5.3 trillion to debt September 22, 2016 DENVER (AP) — A new analysis from a nonpartisan group finds that Donald Trump's latest tax proposals would increase the federal debt by $5.3 trillion over the next decade, compared with $200 billion if Hillary Clinton's ideas were enacted. The Trump campaign disputed the findings. The Committee for a Responsible Federal Budget looked at Trump's newly revised tax plan as well as other proposals. However, it says its analysis can't be certain of the actual size of Trump's tax plan because his campaign won't spell out how it will treat certain businesses' tax liabilities. The committee took a "mid-range guess" between two estimates provided by the nonpartisan Tax Foundation. When Trump introduced his economic plan last week, he vowed that his tax cuts would be paid for partly by triggering record economic growth. The committee was skeptical and presumed these steps would generate no new growth. Several economists have projected that Trump's economic agenda — especially his restrictions on immigration and trade — would slow economic growth and possibly cause a recession. Trump has also proposed a sharp increase in spending on the military and veterans. He has proposed some spending cuts, but the committee calculated they wouldn't come close to balancing the budget. Trump economic adviser Peter Navarro disputed the analysis, criticizing it for failing to account for the growth he says Trump's policies would release. "No tax cut would ever make sense from a purely budgetary perspective in a static world," Navarro said. "It's even sillier for this group to ignore the trade, regulatory, and energy policy reforms that provide positive revenue offsets in the trillions of dollars." The cost of Clinton's plan comes largely from her proposals for free college in some circumstances, child care aid and universal pre-K for 4-year-olds. She proposes paying for them with tax hikes on the rich and businesses. http://finance.yahoo.com/news/report-trump-proposals-add-5-3-trillion-debt-071446262--finance.html Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted September 22, 2016 Platinum Contributing Member Share Posted September 22, 2016 One important reason I support candidates is based on their policy proposals. What do the forum fiscal conservatives think about the OP? I don't get wrapped up in the peripheral reasons to support or not support a candidate as those issues always cut both ways. Example - their foundations Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 22, 2016 Share Posted September 22, 2016 DemonCUNT math Quote Link to comment Share on other sites More sharing options...
Capt.Storm Posted September 22, 2016 Share Posted September 22, 2016 who cares what it cost..has to be done! Quote Link to comment Share on other sites More sharing options...
Mikeadoo Posted September 22, 2016 Share Posted September 22, 2016 7 minutes ago, Mainecat said: Report: Trump proposals would add $5.3 trillion to debt Half of what Obama added to it in 8 years.... Quote Link to comment Share on other sites More sharing options...
Edmo Posted September 22, 2016 Share Posted September 22, 2016 Just now, Mikeadoo said: Half of what Obama added to it in 8 years.... Quote Link to comment Share on other sites More sharing options...
Anler Posted September 22, 2016 Share Posted September 22, 2016 Thats low for a republican... Quote Link to comment Share on other sites More sharing options...
Snake Posted September 22, 2016 Share Posted September 22, 2016 MC supported Bernie, who's plan would add over $10t. Don't add up does it....? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted September 22, 2016 Platinum Contributing Member Share Posted September 22, 2016 National debt nearly doubles during Obama presidency. Why the concern now? Quote Link to comment Share on other sites More sharing options...
Anler Posted September 22, 2016 Share Posted September 22, 2016 1 minute ago, Snake said: MC supported Bernie, who's plan would add over $10t. Don't add up does it....? In one year even! Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 22, 2016 Author Share Posted September 22, 2016 (edited) Here's how Sanders would have paid for his proposals.......NOW its very well explained for even morons here.....use the linkys and learn. https://berniesanders.com/issues/how-bernie-pays-for-his-proposals/ PLEASE NOTE- I supported Sanders with facts. Edited September 22, 2016 by Mainecat Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 22, 2016 Share Posted September 22, 2016 30 minutes ago, Mainecat said: Here's how Sanders would have paid for his proposals.......NOW its very well explained for even morons here.....use the linkys and learn. https://berniesanders.com/issues/how-bernie-pays-for-his-proposals/ PLEASE NOTE- I supported Sanders with facts. MaineCUNT and Taintrider and their so called FACTS Quote Link to comment Share on other sites More sharing options...
racer254 Posted September 22, 2016 Share Posted September 22, 2016 45 minutes ago, Mainecat said: Here's how Sanders would have paid for his proposals.......NOW its very well explained for even morons here.....use the linkys and learn. https://berniesanders.com/issues/how-bernie-pays-for-his-proposals/ PLEASE NOTE- I supported Sanders with facts. The guy couldn't even pay for his 3rd house, how was he going to pay for his proposals? Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 22, 2016 Share Posted September 22, 2016 2 hours ago, racer254 said: The guy couldn't even pay for his 3rd house, how was he going to pay for his proposals? You read his link, how he was going to pay for it none of his pipe dreams was ever going to be law Quote Link to comment Share on other sites More sharing options...
Edmo Posted September 22, 2016 Share Posted September 22, 2016 15 minutes ago, Momorider said: You read his link, how he was going to pay for it none of his pipe dreams was ever going to be law Just like Trumps/Hillarys plans will look at lot different to get thru congress. These are all just proposals at this point - that's why I chuckle at the economic predictions of huge deficits you see in the media. Quote Link to comment Share on other sites More sharing options...
jtssrx Posted September 22, 2016 Share Posted September 22, 2016 Obama added 10 trillion so I'm guessing MC and Snowrider Support this budget? Quote Link to comment Share on other sites More sharing options...
Momorider Posted September 22, 2016 Share Posted September 22, 2016 23 minutes ago, Edmo said: Just like Trumps/Hillarys plans will look at lot different to get thru congress. These are all just proposals at this point - that's why I chuckle at the economic predictions of huge deficits you see in the media. Trump had the balls to even say that obviously everything is up for negotiations, the difference is Trumps plan is all positive and Thrillerys is a fucking unmitigated disaster Quote Link to comment Share on other sites More sharing options...
Mainecat Posted September 23, 2016 Author Share Posted September 23, 2016 1 hour ago, jtssrx said: Obama added 10 trillion so I'm guessing MC and Snowrider Support this budget? I think we need a link Quote Link to comment Share on other sites More sharing options...
Sal Rosenberg Posted September 23, 2016 Share Posted September 23, 2016 All of a sudden a Lib is worried about a few trillion of debt Quote Link to comment Share on other sites More sharing options...
jtssrx Posted September 23, 2016 Share Posted September 23, 2016 2 hours ago, Mainecat said: I think we need a link http://www.truthfulpolitics.com/http:/truthfulpolitics.com/comments/u-s-federal-debt-by-president-political-party/?utm_source=twitter&utm_medium=friendly%2Blinks&utm_campaign=twitter%2Bfl%2Bplugin Quote Link to comment Share on other sites More sharing options...
Capt.Storm Posted September 23, 2016 Share Posted September 23, 2016 34 minutes ago, jtssrx said: http://www.truthfulpolitics.com/http:/truthfulpolitics.com/comments/u-s-federal-debt-by-president-political-party/?utm_source=twitter&utm_medium=friendly%2Blinks&utm_campaign=twitter%2Bfl%2Bplugin good lord! Quote Link to comment Share on other sites More sharing options...
Anler Posted September 23, 2016 Share Posted September 23, 2016 5 hours ago, jtssrx said: Obama added 10 trillion so I'm guessing MC and Snowrider Support this budget? which one of Obama's budgets put us in that debt? Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 23, 2016 Share Posted September 23, 2016 (edited) It's debts vs. deficits. One can be sorta-kinda taken from the other in a sorta-kinda "book cooking" arrangement...but it all has to go back and be realigned under GAAP sooner or later. It's how Obama claimed he lowered the deficit by a "oodles and oodles" (technical term ). But we never got to hear what happened to the debt to make that so. Oh well. Whoever takes office is gonna be all fucked up. It's gonna be interesting to see. It's the one reason I'd like to see Hillary get it. GOOD LUCK sorting all this shit out. She'll need to appoint an all new economic accounting staff and fed chairman and retire the current with nice "bennies". Or, just kill them...either way. "sorta-kinda" And Cappy is right, whatever happens...a lot of money is going to need to be spent again. Healthcare is gonna grab a lot of it. Not a bad thing...sort of. Edited September 23, 2016 by Zambroski Quote Link to comment Share on other sites More sharing options...
Capt.Storm Posted September 23, 2016 Share Posted September 23, 2016 (edited) 18 minutes ago, Zambroski said: It's debts vs. deficits. One can be taken from the other in a "book cooking" arrangment...but it all has to go back and be realigned under GAAP sooner or later. It's how Obama claimed he lowered the deficit by a "oodles and oodles" (technical term ). But we never got to hear what happened to the debt to make that so. Oh well. Whoever takes office is gonna be all fucked up. It's gonna be interesting to see. It's the one reason I'd like to see Hillary get it. GOOD LUCK sorting all this shit out. She'll need to appoint an all new economic accounting staff and fed chairman and retire the current with nice "bennies". Or, just kill them...either way. And Cappy is right, whatever happens...a lot of money is going to need to be spent again. Healthcare is gonna grab a lot of it. Not a bad thing...sort of. well i like the idea of spending money on hc..for sure preventive hc...and you know i'm the same on abortion..preventative works and there is less shame and complications...if we are going to go deeper in debt lets do it for the right reasons...and take care of our vets better also. Make the world a better place for all the kids would make me happy also...yeah i had few watching the game ..but hey! Edited September 23, 2016 by Capt.Storm Quote Link to comment Share on other sites More sharing options...
Capt.Storm Posted September 23, 2016 Share Posted September 23, 2016 oh..and the world is so complicated and convoluted ..we need to get back to the basics more..respect..right and wrong..it's not really that hard is it? Quote Link to comment Share on other sites More sharing options...
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