Question
According to Chairman John Yarmuth, recent tax cuts will add $1.9 trillion to the deficit over 10 years (2019).Now with the pandemic and all the
According to Chairman John Yarmuth, recent tax cuts will "add $1.9 trillion to the deficit over 10 years (2019)".Now with the pandemic and all the money used to help the economy through it, that deficit will only grow.
What would have happened if this pandemic had occurred back in 2016 instead of now, where would be we be?
https://budget.house.gov/publications/report/cbo-confirms-gop-tax-law-contributes-darkening-fiscal-future#:~:text=CBO%20projected%20that%20the%20tax,accounting%20for%20any%20growth%20effects.&text=The%20deficit%20grew%2017%20percent,as%20the%20economy%20grew%20faster
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