ECO 100 WEEK 9 DISCUSSION
“Exploring Tax Cuts, Jobs, and CBO in the News”
The news today is all about this question:
Will the Tax Cuts and Jobs Act reduce deficits and what will happen to the U.S. debt?
Watch this video: U.S. Deficit to Surpass $1 Trillion Two Years Ahead of Estimates, CBO Says
The video cites the Congressional Budget Office (CBO).
Discuss these questions in your post:
• Visit the CBO website and confirm that the reporting is accurate. Was the reporting accurate? Why or why not?
• Do you think the Tax Cuts and Jobs Act will reduce our deficits? Explain your answer.
NOTE: THREE DIFFERENT ANSWER POSTED CHOOSE ANYONE