So just because you say it, it's true and I now know it? I disagree.
Revenue went down from 1982-83 after the Reagan tax cut. That loss of revenue forced Reagan to increase taxes during his 2nd term. When Trump cut taxes in 2017, revenue was stagnant in 2018.
The federal government generates tax revenue through sources like income and corporate taxes. Learn how much tax revenue the U.S. generates each year.
www.thebalancemoney.com
Clinton raised taxes in 1993. Revenue jumped in the next couple years. See the link above
I think the best blueprint we have for balancing the budget was Clinton and the late 1990s. They achieved this with tax increases, budget cuts (like welfare reform) and growth in the economy. I think that's what's going to have to happen