Eight Percent > Four Percent //

federal tax revenues increased by four percent in 2019, reaching the highest level in American history. Republicans cut taxes (every single Democrat voted no), the economy grew, employment soared, and the federal government is now collecting more money in tax revenues than ever before. And yet, that same federal government is running a growing deficit, with the debt mushrooming, all in a period of prosperity and relative peace. Why? It's manifestly not because of the tax cuts. It's because Uncle Sam is spending way too much, with the top drivers of the debt being...unsustainable and ballooning entitlement programs, and interest payments on the debt. This is basic stuff to people who pay attention to our worsening fiscal mess, but it's diametrically opposed to the rhetoric of leading Democrats.