SADLY, Trillion dollar deficits will continue with the gOp. They will just maintain spending at 20 percent of GDP, ONE OF EVERY FIVE DOLLARS, and the GDP figures will of course be suspect.
But politics is soooo much fun, so lets not worry aboutit and PARTEEEEEEE
Anybody who gets a 1040 booklet from the IRS should look at the back cover. The pie chart will show you where the “revenues vs. outlays” go. This, of course, likely doesn’t include the massive borrowing the Treasury is doing with its now-direct T-Bill sales to China and other creditors.