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In reply to the discussion: If You Think Progressives Won't Compromise w/ Centrists, You Have It Backwards. Liberals are begging [View all]FBaggins
(28,263 posts)Let's try again?
A simple thought problem. If they cut $2.5Trillion out of the original plan... there must be some really BIG priorities that had to be removed. What were they?
the entire '3.5 trillion dollars' is allocated over ten years, and so is actually about three hundred fifty billions a year.
And assuming that's true... the tax increases should almost entirely cover it, right? So here's an interesting question. Let's say we get to the point where the debt ceiling has to be increased through reconciliation and we have to actually pick a new number to get us through the next year or two.
How much do you think the debt limit will have to be increased to cover BBB over the next 12-24 months? Accepting that we already run a significant deficit and that the stimulus and infrastructure bills will add a bunch... how much extra do you expect to see for BBB?
The correct answer is informative for both the debt ceiling debate and the BBB negotiations.
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