Trump’s tax cut didn’t reduce the deficit – despite his many promises

Trump’s tax cut didn’t reduce the deficit – despite his many promises

Presidents often make extravagant claims for their policies. But rarely are they proven so false so fast as Donald Trump’s claims about tax cuts and deficits. Even as growth has accelerated, the Treasury reported that the 2018 deficit swelled to $779 billion. That level, the highest in six years, marks a 17 percent increase over 2017.

Source: Trump’s tax cut didn’t reduce the deficit – despite his many promises

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