Can the country thrive with a 3.5/4 trillion dollar bill ?

[CountValentine]

These two bills alone costs 38.5k per house hold

Isn't the 1 trillion+ tax cut for the rich and corporations from 2017 costing us more than that. The 1 trillion+ is every year.

[Ver hut gazugt]

Isn't the 1 trillion+ tax cut for the rich and corporations from 2017 costing us more than that. The 1 trillion+ is every year.

If I remember correctly it was 1 trillion for per decade.

[CountValentine]

If I remember correctly it was 1 trillion for per decade.

I think you are talking about the projection on how much the deficit would be from it.
I am talking how much it cost every year. I believe 1.5 trillion but I am sure if that is wrong others will jump to point that out. 

[Ver hut gazugt]

I think you are talking about the projection on how much the deficit would be from it.
I am talking how much it cost every year. I believe 1.5 trillion but I am sure if that is wrong others will jump to point that out. 

https://www.politico.com/story/2018/02/28/tax-cuts-trump-gop-analysis-430781

POLITICO’s own calculations, working entirely from data in the 2018 and 2019 budgets, indicate that the added revenues generated by the tax cuts themselves would fall substantially short of matching $2.3 trillion.

For the years 2018 to 2027, the shortfall ranges from $1 trillion to $1.3 trillion. In measuring for 2019 to 2028, the picture improves, but the 10-year shortfall still is between $700 billion to $1.1 trillion.

[CountValentine]

https://www.politico.com/story/2018/02/28/tax-cuts-trump-gop-analysis-430781

POLITICO’s own calculations, working entirely from data in the 2018 and 2019 budgets, indicate that the added revenues generated by the tax cuts themselves would fall substantially short of matching $2.3 trillion.

For the years 2018 to 2027, the shortfall ranges from $1 trillion to $1.3 trillion. In measuring for 2019 to 2028, the picture improves, but the 10-year shortfall still is between $700 billion to $1.1 trillion.

I am not debating the projections as that is never ending.
What it costs each year is not disputed. How much do we get back, who knows.

[ah giten]

Why isn't it a requirement for senators to have a degree in economics?

[yos9694]

Why isn't it a requirement for senators to have a degree in economics?

They can't afford the student loan payments

[Ver hut gazugt]

I am not debating the projections as that is never ending.
What it costs each year is not disputed. How much do we get back, who knows.

I understood the 2.3 trillion as the higher end of actual cost per decade of the tax cuts, excluding revenue increases from expected higher gdp. Could be wrong.