Federal deficit jumps 20 percent after tax cuts, spending bill
 

The CBO projects that the deficit will reach $793 billion by the end of
the year and approach $1 trillion next year. White House estimates have
the deficit surpassing $1 trillion in 2019.

Budget watchers have warned that interest payments €” the amount the
Treasury has to pay just to service the debt €” are slated to become the
fastest-growing annual expenditure.

The CBO projects that in 30 years, the government will spend more on
servicing debt than on Social Security or defense.

http://thehill.com/policy/finance/40...-spending-bill
--
Bod

Federal deficit jumps 20 percent after tax cuts, spending bill
 

On Thursday, August 9, 2018 at 3:41:38 AM UTC-5, Bod wrote:
The CBO projects that the deficit will reach $793 billion by the end of
the year and approach $1 trillion next year. White House estimates have
the deficit surpassing $1 trillion in 2019.

Budget watchers have warned that interest payments €” the amount the
Treasury has to pay just to service the debt €” are slated to become the
fastest-growing annual expenditure.

The CBO projects that in 30 years, the government will spend more on
servicing debt than on Social Security or defense.

http://thehill.com/policy/finance/40...-spending-bill
--
Bod

And this is affecting YOU how? Has it cost you any money? Have your rights been violated? Has your property been taken from you? Has your income been affected? Have you been made homeless? What if any effect has this had on you? o_O

[8~{} Uncle Curious Monster