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LINK 'Off by $1 Trillion,' Say Progressives on Two-Year Anniversary of Mnuchin Claim Trump Tax Cuts Would Slash Deficit | Common Dreams News

“A treasury secretary who can't count needs to be held accountable."

That was the message progressive advocacy group Americans for Tax Fairness (AFT) directed at Steve Mnuchin Friday, marking the two-year anniversary of the treasury secretary's claim that the GOP's 2017 tax cuts would slash the U.S. budget deficit "by a trillion dollars."

AFT pointed out in a statement that the deficit has soared in the two years since passage of the tax legislation. CNN reported earlier this month that the deficit topped a trillion dollars during the first 11 months of fiscal year 2019.

"Mnuchin's empty promise shows just how much the 2017 tax cuts for the rich were a scam on the American people," said AFT executive director Frank Clemente. "Mnuchin's prediction was off by $1 trillion."“

jerry99 8 Sep 27
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3 comments

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1

We knew it was a scam for the rich when they peddled it.

0

oh well, a trillion here & a trillion there & pretty soon you're talking real money.

0

Awful if true.

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