Birdwatch Note Rating
2023-11-29 19:14:27 UTC - HELPFUL
Rated by Participant: 8ABBC4AEFA7059F0C598E9C843AE9C92795F029D34AB366DEC553F4B64EB5B6A
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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