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Tag: Deficit

Discussions on the future of Social Security have occurred in Congress for years, and experts have warned that the program could be insolvent in 10 years if nothing is done.
Beltway Confidential

CBO estimates $1 trillion deficits indefinitely

Tiana Lowe Doescher -
0
Trump ignores mounting debt in US and worldwide
Beltway Confidential

Trump ignores mounting debt in US and worldwide

Quin Hillyer -
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Yep, the deficit crisis is worse than we thought: CBO
Beltway Confidential

Yep, the deficit crisis is worse than we thought: CBO

Tiana Lowe Doescher -
0
This July 16, 2019 photo shows the Capitol Dome in Washington.
News

Congressional Budget Office: Federal budget deficit to reach $1T in 2020

John Gage -
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President Trump
News

Trump announces bipartisan budget agreement, would raise spending by $320 billion

Zach Halaschak -
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A container ship is unloaded at the Virginia International Gateway terminal in Norfolk, Va., Friday, May 10, 2019. President Donald Trump's latest tariff hike on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade tensions.
Beltway Confidential

Trump basically says the trade war is failing by his own standards

Tim Worstall -
0
This photo made on Wednesday, Feb. 13, 2019, in Zelienople, Pa., shows 1040 tax forms instructions printed from the Internal Revenue Service web page that are used for 2018 U.S. federal tax returns.
Washington Secrets

America’s tax bill: $5.2T, $14,998 per person

Paul Bedard -
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Donald Trump and Barack Obama.
News

Trump budget calls for adding almost as much to the debt as Obama did

Colin Wilhelm -
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United States Trade Representative Robert Lighthizer speaks during a cabinet meeting with President Trump in the Cabinet Room of the White House, Wednesday, Oct. 17, 2018, in Washington.
Economy

Good news, the trade deficit grew

Washington Examiner -
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FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer is interviewed at the California Republican Party convention in Anaheim, Calif. In their effort to overhaul the U.S. tax code, President Donald Trump and congressional Republicans are betting that by slashing taxes on corporations and rich people, the money diverted from the U.S. Treasury will find its way into the pockets of ordinary Americans. “It will increase real wages and it will increase them substantially,’’ says Laffer.
Beltway Confidential

Art Laffer: Government spending ‘way out of control’

Eddie Scarry -
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