Top Republican admits tax cut bill mostly a lie

Posted on June 14, 2019 by groundswellbasscoast

From USA but doesn’t this sound familiar:

The federal budget deficit was $738 billion for the first eight months of fiscal year 2019, the CBO estimates, $206 billion more than the deficit recorded during the same period last year,” said the most recent CBO budget review.

And a recent report by Congressional Research Service found that the tax bill did not prompt any economic growth not already underway from years before Trump came into office. The main effect has been to allow corporations to further enrich their wealthy shareholders, with little benefit to most working Americans.

ThinkProgress

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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