President Trump: Truth Social Post
President Trump expressed his frustration on Truth Social regarding a recent economic forecast published by the Congressional Budget Office (CBO). He claimed that the CBO, which he described as being influenced or controlled by Democrats, had deliberately released a pessimistic projection for the country’s economic growth. Specifically, Trump noted that the CBO forecasted only a 1.8% average growth rate over the next ten years, which he characterized as extremely low and even “unpatriotic.”
President Trump recalled a similar situation in 2017, during his presidency, when he said the CBO also issued low growth estimates. He claimed that his administration actually achieved growth rates twice as high as those predictions. Trump went on to criticize the CBO’s most recent report as being even more unreasonable and indefensible than before.
He then predicted that the actual growth rate under his policies would be much higher than what the CBO projected—possibly three, four, or even five times greater than the 1.8% figure. Trump asserted that with a minimum expected growth rate of 3% per year, the increased economic activity would generate enough additional revenue to offset the costs of his proposed tax cuts. In fact, he argued, these tax cuts would ultimately not cost the country anything because the resulting economic growth would compensate for any lost tax revenue.
