David Stockmans Contra Corner

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David Stockmans Contra Corner
Nope, Newt, The CBO Is Not Burying America In Fake Debt, The GOP Is Doing So With Real Debt,Part 3

Nope, Newt, The CBO Is Not Burying America In Fake Debt, The GOP Is Doing So With Real Debt,Part 3

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david stockman
Jul 28, 2025
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David Stockmans Contra Corner
Nope, Newt, The CBO Is Not Burying America In Fake Debt, The GOP Is Doing So With Real Debt,Part 3
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So let us reprise the GOP’s march to fiscal disaster during the 21st century to date. To wit, the year 2000 started with a 2.3% of GDP budget surplus, based on a revenue take of 19.8% of GDP and a spending level at just 17.5%. From that solid start, however, the record shows that the once and former party of balanced budgets and fiscal rectitude has bee…

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