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Senate's tax bill will add $270 billion to the deficit next year, despite gimmicks

Summary by Reason

"Even using the math—even using the formulas—that the supporters of the bill like, the deficit will still grow by $270 billion next year," says Sen. Rand Paul.

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Senate's tax bill will add $270 billion to the deficit next year, despite gimmicks

"Even using the math—even using the formulas—that the supporters of the bill like, the deficit will still grow by $270 billion next year," says Sen. Rand Paul.

4 days ago·United States

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echo24.cz

Next Year, the State Will Be in Even More Debt. "We Can No Longer Imagine Life without Relief and Gifts"

Next year, the state budget deficit will approach 280 billion, which is almost 40 billion more than this year. The deepening of the deficit will be due, among other things, to increased defense spending, Finance Minister Zbyněk Stanjura (ODS) told Czech Television. Economists interviewed for Echo24 say that the efforts of the Petr Fiala government (ODS) to get public finances under control were only the minimum possible and that the deficit is n…

3 days ago

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