By Brian Chmelik (CMC ’18) On December 22, 2017, Congress passed its first piece of tax reform legislation in more than 30 years. The sweeping bill cut taxes across the board in the hopes of spurring economic growth and creating jobs. A few weeks later, the federal government shut down after Congress failed to reach a deal on raising the debt ceiling and fund the government. Despite the...
Long-term Implications of the U.S. National Debt
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