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Many States Will Soon Have a Budget Problem. The Culprit Is Clearly Too Much Spending, Not Tax Cuts as Wapo Columnist Claims

by American Thinker
January 22, 2023
in Economy
Many states will soon have a budget problem. The culprit is clearly too much spending, not tax cuts as WaPo columnist claims

Catherine Rampell of the WaPo is correctly recognizing that states are sabotaging their finances. While she recognizes the coming problem, she blames tax cuts instead of overspending and depending on the rich as the culprit. Democrats rarely think they spend too much and rarely want to allow the people and businesses to keep more of what they earn

Rampell, like most journalists, has falsely blamed Trump’s tax rate cuts for cutting federal revenues when revenues actually rose substantially after the rate cuts. Overspending has always been the problem in DC.

Many states sabotaged their finances a long time ago by running […]

Read the rest of this story here: www.americanthinker.com

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