It doesn't take a rocket scientist to understand why the Republicans and Trump created a $1.5 trillion hole in the deficit with their tax cuts to their rich buddies. The idea came from Texas.
In 2005, the Republicans in Texas created a $27 billion deficit with their grand tax cuts for the business community. The Texas comptroller at the time warned lawmakers that the deficit will have to be addressed in the next legislation session.
Creating a hole in the budget was all part of the plan because it justified massive cuts to education and services. Texas, by law, requires a balanced budget, so, what better way to cut education than to create a massive debt then blame education?
So now with a newly created $1.5 trillion hole in the budget created by the Republican tax plan, look for massive cuts to Social Security, Medicare, education, environment protection, because "We can't afford it anymore."
It's a perfect plan. No place but Texa ... Washington.
John R. Cobarruvias