U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.
4hon MSN
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.
A top fiscally conservative political advocacy group is launching a $20 million campaign to urge Congress "to protect ...
Kelvin Tay, Regional CIO at UBS Global Wealth Management, talks about how President-elect Trump's policy suggestions will ...
A cut in Connecticut taxes has not been widely discussed at the Capitol this year amid spending battles, but Gov. Ned Lamont ...
In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the ...
Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest ...
“The key is whether the state is willing to restrain spending growth elsewhere,” Andrew Rein, president of the Citizens ...
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