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The Treasury recorded a $215 billion shortfall in February—its largest in six years—as revenue declined after passage of the Tax Cuts and Jobs Act.
March 12 -
The final Republican tax bill set for a House vote Tuesday would add $448 billion to federal deficits over 10 years with economic growth factored in, the right-of-center Tax Foundation said Monday.
December 18 -
The Republican chase for a rare political and policy win with passage of their tax plan has thinned the ranks of the party’s deficit hawks.
December 1 -
It just might be Ted Cruz’s biggest victory as a senator: Helping stop in its tracks a plan late Thursday night to add $350 billion in tax increases to the Senate’s tax bill to placate fellow Republican Senator Bob Corker’s worries about the deficit.
December 1 -
House Speaker Paul Ryan has spent much of his political career warning against the pitfalls of deficit spending and government debt.
November 27