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Fact checking the Democrats on govt spending and tax cuts

TheGunner

All-American
Aug 30, 2001
12,701
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🤔. So the Trump tax cuts actually paid for themselves.

🤔 so inflation started in May of 2021 after passing the Inflation reduction act…that in fact didn’t reduce inflation (even the Democrats now admit that)

🤔 and Biden added $4T due to interest rates that were induced by inflation.

 
The Biden White House dishonestly blamesGOP-led tax cuts under Donald Trump for “90% of the debt increase.” For the record: under the Trump administration, the debt went up significantly only after Congress passed relief measures aimed at keeping the COVID-impaired economy afloat. In his first three years, the debt rose by $3.3 trillion — too much, for sure, but nothing compared to the $6.25 trillion jump in debt during Biden’s first three years. And there has been no emergency to excuse Biden’s spending.

 
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