Tornado Alley (PROG)

[F6]

U.S. runs budget deficit of $209 billion in March, Treasury says

The tax law signed by President Donald Trump in December is boosting the U.S.’s budget deficit.
New tax law drives withholding lower
Apr 11, 2018
https://www.marketwatch.com/story/us-runs-budget-deficit-of-209-billion-in-march-treasury-says-2018-04-11 [wth comments]


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Tax cuts will lead to sea of red ink, CBO forecasts

Budget deficits are pointing higher under President Trump, the Congressional Budget Office estimated Monday.
Budget office raises deficit estimates in wake of tax cut, spending bill
Apr 9, 2018
https://www.marketwatch.com/story/tax-cuts-will-lead-to-sea-of-red-ink-cbo-forecasts-2018-04-09 [wth comments]


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The fiscal picture is worse than it looks—and it looks bad
When the inevitable recession comes, we will be in deep trouble.
April 11, 2018
https://www.brookings.edu/blog/up-front/2018/04/11/the-fiscal-picture-is-worse-than-it-looks-and-it-looks-bad/


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