Firstly, we know this isn’t real tax reform when the respective Senate and House bills allow an additional $1.5 trillion in debt added to the existing $20 trillion of national debt. 548 more words
The U.S. budget deficit is on the brink of being pushed higher than expected as anticipated tax cuts along with increased spending for hurricane victims and a higher debt limit weigh in. 440 more words
Representative presses for spending, revenue and public retirement reforms.
Tackling spending, revenue and public retirement reform at the state level will be difficult, but Rep. Cliff Bentz, R-Ontario, believes it can be done. 47 more words
WASHINGTON (AP) — The federal budget deficit rose to $666 billion in the just-completed fiscal year, a spike that comes as Republicans are moving to draft a tax code rewrite that promises to add up to $1.5 trillion to the national debt over the coming decade. 521 more words