- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: CBO estimates BBB will increase deficit by $2.4 trillion.
Posted on 6/4/25 at 11:03 am to RogerTheShrubber
Posted on 6/4/25 at 11:03 am to RogerTheShrubber
quote:
Over time, assuming these cuts are actually made in the future.
You and I both know this will never happen
thats not an unfair criticism but as said its basically double dipping tax cuts to come up with this 2.4 trillion number
This post was edited on 6/4/25 at 11:05 am
0
Posted on 6/4/25 at 11:05 am to Tigerfan1274
2.4tril in 10yrs or per year?
Posted on 6/4/25 at 11:29 am to Tigerfan1274
With 3.3 billion in tax cuts/credits applied.
So real dollar spending decreased by $900 billion?
So real dollar spending decreased by $900 billion?
Posted on 6/4/25 at 11:32 am to Tigerfan1274
CBO has a history of over estimating Republican bill costs and under estimating democrat bill costs...
Posted on 6/4/25 at 11:33 am to Tigerfan1274
Didn't they project 4 trillion less than a month ago?
Posted on 6/4/25 at 11:33 am to RollTide4547
Is there a site that shows that. Would be interesting to review how far off they are depending on who is President.
This post was edited on 6/4/25 at 11:36 am
Posted on 6/4/25 at 11:35 am to NC_Tigah
I think you're confusing deficit with debt.
That shite is PER YEAR
That shite is PER YEAR
Posted on 6/4/25 at 11:36 am to G4LSU
quote:
They consider extending the tax cuts as increasing the deficit. The bill reduces spending by 1.6 trillion.
Don't bring facts to a whine fest.
Posted on 6/4/25 at 11:37 am to j1897
quote:
I think you're confusing deficit with debt.
Maybe. OP kind of sucks for not having a link.
Posted on 6/4/25 at 11:38 am to j1897
quote:
I think you're confusing deficit with debt.
That shite is PER YEAR
You think the BBB increased the deficit 2.2T per year?
Posted on 6/4/25 at 11:41 am to moneyg
Our current deficit isn't even 2.2 trillion, how could it have increased by that number.
The fricking math skills on the poli board are embarrassing.
The fricking math skills on the poli board are embarrassing.
Posted on 6/4/25 at 11:42 am to moneyg
They all think the BBB increase spending on top of the Biden budget we are operating under.
The truth is it cuts Biden's budget by 1.25 trillion. Even the CBO acknowledges that.
The truth is it cuts Biden's budget by 1.25 trillion. Even the CBO acknowledges that.
Posted on 6/4/25 at 11:45 am to j1897
quote:
Our current deficit isn't even 2.2 trillion, how could it have increased by that number.
The fricking math skills on the poli board are embarrassing.
Lol
That was my point. You seemed to believe it increased by 2.2T per year and called out another poster for not realizing that.
It was an absurd statement.
Posted on 6/4/25 at 11:46 am to moneyg
quote:
That was my point. You seemed to believe it increased by 2.2T per year and called out another poster for not realizing that.
Fist time on a message board, i did not say that, not sure who you're trying to reply to but it's not me.
Posted on 6/4/25 at 11:49 am to j1897
quote:
I think you're confusing deficit with debt.
That shite is PER YEAR
quote:
i did not say that, not sure who you're trying to reply to but it's not me.
did you reply with the wrong alt or are you having a medical emergency?
Posted on 6/4/25 at 11:51 am to Tigerfan1274
Should we put that much stock in the CBO? Honest question. Just a quick Google search pulled up this:
quote:
Revenues: . In the past, the CBO's revenue projections have shown an average absolute error of around 6%. However, in more recent projections, the error has been smaller, with the CBO slightly underestimating revenues in 2024 by 1%.
Outlays: . The CBO's projections for mandatory outlays have also shown an average error of about 3%. However, in certain years, such as 2021, the error was higher for specific programs like Medicare and Medicaid.
Deficit Projections: . The CBO's deficit projections have a historical average absolute error of 1.1% of GDP. However, the agency has sometimes underestimated the deficit, particularly during periods of significant legislative changes or economic shocks.
Long-Term Projections: . CBO's long-term budget projections, extending beyond 5 or 10 years, are generally less accurate than shorter-term projections. This is because long-term projections rely on assumptions about future economic and demographic trends, which can be difficult to predict with precision.
Interest Rate and Wage Growth: . The CBO's forecasts for interest rates and wage growth have historically tended to be overestimated.
Posted on 6/4/25 at 11:53 am to BCreed1
quote:THIS!! I trust CBO numbers about as much as I do my dog trying to solve an algebra problem.
CBO has been horribly wrong over the past. They are trying to give numbers without knowing the results of policies.
Posted on 6/4/25 at 11:54 am to Tigerfan1274
If tariffs raise 2.4 trillion over ten years then the budget is essentially deficit neutral. We can’t expect anything much better from a bunch of idiots
Posted on 6/4/25 at 11:57 am to GRTiger
Dude is an utter retard, he just said per year lol
Posted on 6/4/25 at 12:01 pm to j1897
quote:
Fist time on a message board, i did not say that, not sure who you're trying to reply to but it's not me.
Explain this post of yours replying to NCTiger who pointed out that this was a 10 year number.
You specifically said he doesn’t understand and that the amount is a yearly amount.
Your post
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News