Latest figures show how much US budget deficit skyrocketed in the first quarter

Marcy Kreiter  |  January 9, 2020

 By Marcy Kreiter, includes “The total deficit for 2019 was $984 billion, with the 2017 tax cuts largely to blame for the increasing funding gap. ‘Tax reform created just as many loopholes as it claimed to close, shifting a significant amount of the new revenue shortfall onto the public in the form of higher deficits and government borrowing,’ said Riley Adams …”

Read the full article on: International Business Times

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