The dust has barely settled on the midterm elections, but there are a number of key fiscal issues not only facing the current Congress in coming weeks, but also awaiting the new Congress, which will convene in early 2019.
Fiscal items that the current Congress may address include:
The incoming 116th Congress will also face pressing fiscal issues, and may choose to address other policy areas:
This last point is the most essential, as all other policy decisions could affect the country’s already worrisome fiscal outlook. Furthermore, voters from both parties have identified rising debt and deficits as a priority for the incoming Congress.
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