Lawmakers should pursue policies that don’t make our fiscal outlook even worse.
The federal budget deficit rose to $666 billion for fiscal year 2017 — an increase of around $80 billion from the previous year.
Lawmakers unveiled a tax overhaul framework recently, outlining a number of changes to individual and corporate taxes.
The official poverty rate in 2016 was 12.7%, down from 13.5% in 2015 — bringing it back to pre-recession poverty levels.
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