Thursday, 8 June 2017

Debt Limit Showdown Looms Sooner As Wealthy Bet On Trump Tax Cut

The U.S. Congress may be headed for a reckoning with the federal debt limit within weeks, thanks to wealthy Americans and corporations deferring tax payments in the hope that they would benefit from the lower tax rates promised by President Trump. Trump promised tax cuts during his election campaign last year and has reiterated those

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