Quiz time: What is the current amount of the federal budget deficit?I’ll give the answer at the end of this column. For now, what you need to know is that it’s massive. Like, yuge. It’s pandemic-related, of course; it’s not even all Donald Trump’s fault, although his tax cuts for corporations and the rich didn’t help.I ask because something fascinating and nearly unprecedented, at least in terms of our recent political history, just occurred. The Senate is about to pass the infrastructure bill. And as you may have heard, the Congressional Budget Office said last Thursday that the bill would add more than $250 billion to the deficit over 10 years. And what happened? Nothing. Nobody batted an
Hence then, the article about infrastructure week could end the era of deficit fearmongering was published today ( ) and is available onThe New Republic ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Infrastructure Week Could End the Era of Deficit Fearmongering )