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A comment on DOGE's Only Public Ledger Is Riddled with Mistakes. Parent comment
Total federal income was flat after the early 80's recession, then grew by 60%+ over the next decade, despite the Reagan tax cuts, increasing $400B.
https://fred.stlouisfed.org/series/FYFR
Federal spending continued to grow.
That's what happened.
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Total federal income was flat after the early 80's recession, then grew by 60%+ over the next decade, despite the Reagan tax cuts, increasing $400B.
https://fred.stlouisfed.org/series/FYFR
Federal spending continued to grow.
That's what happened.