Birdwatch Note Rating
2023-11-29 19:28:01 UTC - HELPFUL
Rated by Participant: 50EC88AE0635C9CCE61F17BF18DAE8D85EA8A4D7318835858CBBC4AAFB4386D3
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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