Birdwatch Note Rating
2023-11-29 20:18:24 UTC - HELPFUL
Rated by Participant: 4D80EFA5EA553B4C24CD34D4E3162CB4B51C32F0991D40F32F87E525BB4F3BD0
Participant Details
Original Note:
The Federal budget is three times what it was during the Reagan administration, in constant dollars adjusted for inflation. Tax receipts for 2022 would have had every budget up through 2018 in surplus. The deficit problem we have is one of spending, not insufficient taxes. https://www.whitehouse.gov/wp-content/uploads/2023/03/hist01z3_fy2024.xlsx
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