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Budget Deficit Jumps Nearly 17% in 2018

Plunging corporate tax revenues from the Trump tax cuts helped push the annual deficit to $779 billion. It is on track to reach $1 trillion by 2020. [Source]

Publication Date:

Origin: nytimes.com

Category: Federal Budget (US)

Topics: trillion, reach, track, billion, deficit, annual, helped, Trump, revenues, corporate, Plunging, Nearly, Jumps, Deficit, Budget

Source: https://www.nytimes.com/2018/10/15/us/politics/federal-deficit-2018-trump-tax-cuts.html?partner=rss&emc=rss