I have serious doubts that all of this will decrease the federal deficit in any substantive way.
If any of you think otherwise, I challenge you to present a coherent argument that addresses income and expenses, and see how it all pans out.
I'll start. We will be reducing revenue by decreasing taxes on the top two tax brackets. This will create a massive shortfall in federal revenue that will not affect the wealthy, but will hit the middle class and poor, who depend upon services that the administration is salivating about cutting (Medicaid is next, I fear). Firing forest service workers and the like pale in comparison to the shortfall in revenue.
It's smoke and mirrors and a transfer of money. The very rich will do very, very well. Others, not so much..
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