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Tax Reform, Subsidies, Expiration of Tax Cuts?
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schweikert.house.gov (In Millions) Source: Congressional Research Service The tax cuts for all Americans account for about 28 minutes of the $4.7 billion in new daily debt accrued by the United States each day.
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schweikert.house.gov Source: Congressional Research Service
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Raise taxes on the wealthy? Source: David Ranson, head of research at H.C. Wainwright & Co. Economics Inc.
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By 2031 – all revenue will go to Entitlement Spending By 2055 – all revenue will go to interest on the debt alone
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Debt limit has been raised more than 70 times since the “limit” was put in place. How do we insure that 14 trillion dollars of debt is enough?
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When businesses and entrepreneurs can invest, unemployment goes down: Source: Congressional Budget Office, Dr. Taylor (Stanford), Dep. of Commerce, Dep. of Labor
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To Preserve the American Legacy
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