Posts Tagged deficit-funded tax cuts

Watching the news last night, a friend asked why people are saying tax cuts at the present time may be a bad, not a good, idea. The point is this. In the long-run huge budget deficits matter, and they matter a lot. While I’m all for tax cuts in the grand scheme of things, deficit-funded tax cuts are not the way forward. They will only increase the budget deficit and multiply the problems we have.

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