Birdwatch Note Rating
2023-11-29 19:58:23 UTC - HELPFUL
Rated by Participant: 8D6792D4FCF3C46EE28795523B9D232A82D5C55AAA6C7A44A3AA450EC61B46DD
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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