Baked in this plan is the idea that the revenue from tariffs will be much smaller than income tax revenues, and therefore that the federal government will also get smaller.
Right, but that implies that spending is controlled by revenues… when it’s clearly not. That just means higher deficits, threatening a default of US Bonds, which is a worst case scenario for American prosperity.
I'm confident the people pursuing this mad agenda don't know the first thing about US budget laws and think they can just cut spending DOGE-style forever.
scoofy|9 months ago
pupperino|9 months ago