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Trump’s ‘balanced’ budget relies on $2 trillion math error

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The math in crafting the budget was seemingly too difficult for an administration embroiled in scandal. President Donald Trump promised that he would balance the budget for the first time in over a decade and he would do it without cutting spending for defense or Social Security. The numbers were flawed, however.

According to New York Magazine, Trump’s budget assumes a $2 trillion increase in revenue through economic growth that can’t be verified or supported by any estimations by anyone, anywhere. Even the Trump administration’s supposed economic growth wouldn’t pay for the $2 trillion error. Previously, Trump claimed his cuts would be paid for by the growth expected to come in, as a result of his tax breaks. The plan is akin to a credit card that has an interest rate that pays off your card as you spend money on it. The administration has double counted the growth.

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Trump previously explained that his “biggest tax cut in history” would be revenue neutral because the growth it generates will be so substantial that the national debt will not balloon. Trump hasn’t clarified how the tax cuts would result in more than a 100 percent revenue growth.


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Trump snubs Pelosi for signing ceremony of trade deal she helped him pass

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On Tuesday, CNN's Haley Byrd reported that President Donald Trump is not inviting House Speaker Nancy Pelosi (D-CA) to the signing of the United States-Mexico-Canada Agreement (USMCA), the president's signature trade agreement that updates and modernizes the earlier NAFTA deal.

Major Democratic committee chairs who were instrumental in shaping the final resolution, including Ways and Means Chairman Richard Neal (D-MA) were reportedly also not invited to the signing.

Democratic votes were critical to the ultimate passage of USMCA, and also played a role in influencing the final, bipartisan details of the agreement.

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George Conway lists all of Trump’s most hilarious geographic blunders after the president whines about being mocked

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President Donald Trump's circle is up in arms over a late-night CNN segment on Monday in which analysts joked that Trump — and his fanbase — are probably not smart enough to locate Ukraine on a map.

But on Tuesday, conservative lawyer and Trump critic George Conway pointed out that the president has indeed never shown any aptitude for geography — and listed off some of his most well-known and mocked blunders:

A thread for those who think @realDonaldTrump could find Ukraine on a marked map:

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GOP’s Joni Ernst may have inadvertently boosted Joe Biden in Iowa: ex-White House official

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On CNN's "New Day," regular contributor and former White House Press Secretary Joe Lockhart almost rolled his eyes at a clip of Iowa Republican Sen. Joni Ernst rushing to the cameras to gush about attacks on Joe Biden, saying she may have ended up helping the former vice president in her own state.

Speaking with hosts John Berman and Alisyn Camerota after watching the clip of the Iowa Republican blurting, "The Iowa caucuses are this next Monday evening, and I'm really interested to see how this discussion today informs and influences the Iowa caucus voters, those Democratic goers. Will they be supporting VP Biden at this point?" Lockhart seemed in disbelief that she may have handed Biden a boost.

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