FISCAL BLOG

Monthly Archive for August 2018

The number one financial worry for Americans is having enough money for retirement — and for good reason.

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Last year’s tax legislation was a key opportunity to simplify the tax code, but in addition to adding significantly to our national debt, the Tax Cuts and Jobs Act actually increased the number of tax breaks.

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The general consensus among economists is that the long-term effects of the TCJA will be higher debt and little change to underlying economic growth.

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The Fiscal Response to the Coronavirus

Here’s everything Congress has done to respond to the coronavirus so far.

National Debt Clock

See the latest numbers and learn more about the causes of our high and rising debt.