On the recordSeptember 15, 2010
Revenue is the lowest it has been as a share of our gross domestic product in 60 years.
Source
congress.govRevenue is the lowest it has been as a share of our gross domestic product in 60 years.
Kent Conrad highlights the historic low in revenue relative to GDP.
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We all know that Social Security is going to have to be dealt with, or we are going to face by 2034 at the latest--many of us believe it will be earlier than that---an across-the-board 23-percent cut.