Quote:
Originally Posted by dippin
The CBO estimated the cost of cap and trade at 175, so the 1800 is false.
As far as making up for the deficit, the only reason it was so large was because the total amount of taxes collected this year has been about 25% less than the average of the past few years...
|
I am SO not looking up the report that the White House issued 6 weeks ago and said it was $1800. Feel free to find it yourself, though.
Right. It wasn't the $787B stimulus that wasn't in the budget? It wasn't the $700B bailout that wasn't in the budget? It wasn't all the other untold billions that were added and I can no longer remember? Yes, I know it wasn't all spent this year, but don't for a second accredit it solely to a lack of tax revenue.
Here's a novel idea: don't spend money you don't have.