Birdwatch Note Rating
2023-11-30 18:51:57 UTC - HELPFUL
Rated by Participant: CC2967A732E98CFBDDA9A04A3868103D7B0CA5A057C0A2FDA14138DF33166B14
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Original Note:
1 Reagan cuts actually increased revenue in part due to the closing of loopholes 2/3 The changes in deficit between 2000>2023, 36% is lost revenue, 64% is extra spending 4 Defense+war went from ~30% of the fed spending in the 70s to ~20% during the Bush years to 13% today https://manhattan.institute/article/2023-chart-book-from-manhattan-institutes-brian-riedl-examines-spending-taxes-and-deficits
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