Birdwatch Note Rating
2023-11-30 01:08:32 UTC - HELPFUL
Rated by Participant: B4B0E239310F936BA48C854694C15E95035A070D8119A51BA75EFDC3738FF24C
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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