{"id":270803,"date":"2018-04-12T12:40:00","date_gmt":"2018-04-12T16:40:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=270803"},"modified":"2018-04-12T15:55:47","modified_gmt":"2018-04-12T19:55:47","slug":"check-math-senator-corker","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/04\/12\/check-math-senator-corker\/","title":{"rendered":"Check Your Math, Senator Corker!"},"content":{"rendered":"

RUSH: Bob Corker. Bob Corker says tax cuts could be one of the worst votes he has ever made<\/a>. “Retiring Tennessee Sen. Bob Corker (R) said his vote on the GOP tax law could be one of the worst of his career if estimates that it will add $1.9 trillion to deficits over a decade prove correct. ‘If it ends up costing what has been laid out here, it could well be one of the worst votes I\u2019ve made,\u2019 he said at a Senate Budget Committee hearing on the Congressional Budget Office (CBO) estimate that produced the figure.”<\/p>\n

The next story is from Investor\u2019s Business Daily. “It\u2019s Official: Trump Tax Cuts Are Boosting Growth And Mostly Paying For Themselves<\/a> — When the Congressional Budget Office released its updated budget forecast, everyone focused on the deficit number. But buried in the report was the CBO\u2019s tacit admission that it vastly overestimated the cost of the Trump tax cuts.”<\/p>\n

\"\"So Corker, who said (imitating Corker), “Oh, my God, $1.9 trillion, oh, my God, worst vote I\u2019ve ever made.” CBO has said we overestimated that. That\u2019s the cost of the Trump tax cuts. You know why? Dynamic versus static scoring. They even admit here, the CBO admits “it didn\u2019t account for the strong economic growth they would generate,” even though they always do.<\/p>\n

Now, this is mind-boggling. In addition to all this, it was reported today that the federal government, even after the tax cut, continues to collect record amounts of tax revenue. Tax collections are at an all-time high. One and a half trillion in the first quarter. It\u2019s amounts that we can\u2019t even comprehend. And yet we have these deficits in the national debt ratcheting up, and one thing that remains constant is, you\u2019re not undertaxed. We\u2019re overspent.<\/p>\n

We have a spending problem. We do not have a taxation problem. But Corker needs to get back with the CBO here, because they are admitting that the Trump tax cuts are paying for themselves. This is exactly what we knew was gonna happen. The CBO does not measure things such as growth. They deal in raw numbers, period. So if the plan calls for cutting taxes and it equals $1.9 trillion that will not go to government but instead will stay in the pockets of individuals, then the CBO says, “Looky, the government\u2019s gonna be out $1.9 trillion. That\u2019s gonna add to the deficit.”<\/p>\n

\"\"That\u2019s not what happens. ‘Cause what happens with all that money in the private sector, it\u2019s used to hire new people, it\u2019s used to give bonuses and raises, and more taxes are paid because more taxpayers are created as people get jobs. How many times have we gone through this? Reducing taxes has caused economic growth, has caused the Trump tax cuts to be paid for! CBO admitting it.<\/p>\n

So what\u2019s Corker talking about? “Worst vote I ever made.” Here again, we have another A-B, side by side reality. In the America where people get up and work and go about their business and make the country work, things are normal, everything\u2019s fine, the usual problems, the usual happinesses, the usual challenges. Over here, it\u2019s nothing but one apocalyptic headline after another.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Corker needs to get back with the CBO here, because they are admitting that the Trump tax cuts are paying for themselves.<\/p>\n","protected":false},"author":49,"featured_media":270820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\nCheck Your Math, Senator Corker! - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/04\/12\/check-math-senator-corker\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Check Your Math, Senator Corker! - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Corker needs to get back with the CBO here, because they are admitting that the Trump tax cuts are paying for themselves.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/04\/APP-041218-Corker.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"George Prayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/04\/12\/check-math-senator-corker\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/04\/APP-041218-Corker.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/04\/APP-041218-Corker.jpg\",\"width\":640,\"height\":360},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/04\/12\/check-math-senator-corker\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/04\/12\/check-math-senator-corker\/\",\"name\":\"Check Your Math, Senator Corker! 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