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<blockquote data-quote="Up In Smoke" data-source="post: 5435612" data-attributes="member: 79702">I can&#039;t remember who posted it, but sometime earlier this year the CBO re-scored the TCJA.&nbsp; They determined an additional 2.5-2.7T of additional dollars will be added to the Federal deficit through it&#039;s lifetime.&nbsp; The initial 1.5-1.65T dollars of revenue shortfalls were intended to be covered by issuing Treasury securities, but with Covid causing the government to spend those dollars plus trillions more, the TCJA was left unfunded.&nbsp; Funny how many members of the right cheered Great Britain&#039;s now resigned PM when she announced rate cuts, tax cuts and subsides for citizens to combat inflation. (McCarthy, Kudlow and Varney to name a few).&nbsp; That announced move cratered the Pound, sent the markets south and threatened the pension funds across the country.&nbsp; Thankfully, she resigned and the plan scraped before the damage could be done.</blockquote>

[QUOTE="Up In Smoke, post: 5435612, member: 79702"] I can't remember who posted it, but sometime earlier this year the CBO re-scored the TCJA. They determined an additional 2.5-2.7T of additional dollars will be added to the Federal deficit through it's lifetime. The initial 1.5-1.65T dollars of revenue shortfalls were intended to be covered by issuing Treasury securities, but with Covid causing the government to spend those dollars plus trillions more, the TCJA was left unfunded. Funny how many members of the right cheered Great Britain's now resigned PM when she announced rate cuts, tax cuts and subsides for citizens to combat inflation. (McCarthy, Kudlow and Varney to name a few). That announced move cratered the Pound, sent the markets south and threatened the pension funds across the country. Thankfully, she resigned and the plan scraped before the damage could be done. [/QUOTE]

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