The Real Causes of Deficits and the US Debt

By: Jack Rasmus  Posted on

With the Senate and House all but assured to pass the US$4.5 trillion in tax cuts for businesses, investors, and the wealthiest 1 percent households by the end of this week, phases two and three of the Trump-Republican fiscal strategy have begun quickly to take shape.

Phase two is to maneuver the inept Democrats in Congress into passing a temporary budget deficit-debt extension in order to allow the tax cuts to be implemented quickly. That’s already a ‘done deal’.

https://www.telesurtv.net/english/opinion/The-Real-Causes-of-Deficits-and-the-US-Debt-20171205-0007.html