TAX CUTS WILL BALLOON US DEBT TO 120% OF GDP, BUT BOOST TO ECONOMY WILL BE “SHORT-LIVED”

  via: BLACKLISTED NEWS | SOURCE: WOLF STREET   It’s uncertain what if anything in the mix of tax cuts and tax increases being kicked around in Congress will become law. But Fitch Ratings believes that some combination will make it, and that it will sap US government revenues. “Under a realistic scenario of tax cuts and … Continue reading TAX CUTS WILL BALLOON US DEBT TO 120% OF GDP, BUT BOOST TO ECONOMY WILL BE “SHORT-LIVED”