Thursday, 9 August 2018

CBO: Debt Will Rise to ‘Unsustainable’ Levels if Congress Extends Tax Cuts, Maintains Spending

CBO: Debt Will Rise to ‘Unsustainable’ Levels if Congress Extends Tax Cuts, Maintains Spending

Extending recently approved spending increases and tax cuts would create an “unsustainable” fiscal outlook, the Congressional Budget Office said in a report published Wednesday.
Read more: https://blogs.wsj.com/economics/2018/08/08/cbo-debt-will-rise-to-unsustainable-levels-if-congress-extends-tax-cuts-maintains-spending/?source=Snapzu

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