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Let’s be clear: The bulk of the current deficit is the result of reduced tax revenue, not legislated increases in spending. Tax revenue peaked at 20% of GDP in 2000. For those who don’t remember, the ...
President Trump sailed into the White House last year on confidence in his ability to handle the economy following 40-year high inflation and deep-seated financial frustration among voters. Here ...
In the Big, Bad, Budget Abomination, for example, there are two huge errors. The obvious one: they increased the deficit.