Mulvaney admits Republicans are hypocrites on cutting federal deficit - Business Insider

During the Obama presidency, Republicans argued it was critical to curtail the level of federal spending to safeguard the nation's economic future. And as a House lawmaker from South Carolina, Mulvaney

as one of Congress' leading deficit hawks and called for better management of the government's finances.during a House Budget Committee hearing in March 2012. "Is that a plan for the future?" But the deficit grew under Trump's watch as a result of the 2017 Republican tax law, which slashed the corporate tax rate and extended temporary benefits for individuals. It's also surged as a result of rising government spending.

The deficit — which measures the shortfall of government revenues compared to what the government spends — is projected to blow past $1 trillion this year,

But, they still want to use the $23 Trillion in national debt to justify eliminating safety net programs and cuts to earned benefits of Social Security and Medicare.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Insider Intelligence - Business InsiderThe article was interesting, but the title... 🤦‍♂️🙅‍♂️ Divorce is never a good thing, it’s never a positive and should not be celebrated. That means one or both parties for whatever reason failed the other. sometimes they don;t even need any promotion at all ! Liberation , freedom is all they need !!
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: The 31 buzziest logistics startups that VCs are watching in 2020 - Business InsiderRead Business Insider's exclusive, VC-sourced roundup of the buzziest logistics startups in the coming year.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The rise and fall of Pan Am - Business InsiderIn 1970 alone, Pan Am carried 11 million passengers to 86 countries worldwide. But after decades of financial turbulence, Pan Am went bust.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Poshmark, college, Bob Iger, Ben & Jerry's - Business InsiderOur regular newsletter for getting things done. Like quitting your full-time job and starting a successful side business. I won't ever be successful because I need to pay your prime membership 🤔 If there was an 11th, it would teach you that unless you lack fundamental business knowledge, you should stop reading business books looking for a formula for success. It doesn't exist. You need to carve your own path / develop your own models. I did without books Maybe with the sky will be the limit
Source: BusinessInsider - 🏆 729. / 51 Read more »

Walmart breaks down how the coronavirus has hit its $10 billion business in China - Business Insider'Our primary focus is of course on our associates and our customers,' Walmart CEO Doug McMillon told investors.
Source: BusinessInsider - 🏆 729. / 51 Read more »

9 executives reveal their secrets for balancing a business and life - Business Insider'Want to know what's holding most people back? Someone's opinion of you mattering more to you than your opinion of yourself,' said Gary Vaynerchuk. theoracles WGAF theoracles That's the same thing we have to reveal for our success in jeffyskitchen as we balance quality life and quality living.
Source: BusinessInsider - 🏆 729. / 51 Read more »