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Operation Deimos
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Coronavirus, CARES And PPP Will Explode The Federal Deficit And Debt - Forbes.com

Coronavirus, CARES And PPP Will Explode The Federal Deficit And Debt - Forbes.com | Agents of Behemoth | Scoop.it

The Federal government will spend over $2.5 trillion in just the next few months to try and offset the economic impact of the coronavirus. This spending, along with lower tax revenues, will create deficits and levels of debt that the U.S.

Occupy Hades's insight:

Maybe it's time for Donald Trump to claw back all the tax breaks and taxpayer dollars he gave to other rich people and corporations via the GOP tax scam. While he's at it, Trump should make them pay the same tax rates they were paying before he took office. Just a thought.

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Trump’s Budget Would Balloon Deficit, Slash Social Safety Net – Talking Points Memo

Trump’s Budget Would Balloon Deficit, Slash Social Safety Net – Talking Points Memo | Agents of Behemoth | Scoop.it

The president’s spending outline for the first time acknowledges that the Republican tax overhaul passed last year would add billions to the deficit and not “pay for itself” as Trump and his Republican allies asserted. If enacted as proposed, though no presidential budget ever is, the plan would establish an era of $1 trillion-plus yearly deficits.

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