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Budget Deficits

  1. debt limit
    Republicans Won’t Help Democrats Raise Debt LimitMcConnell is again being a hypocrite by treating an essential debt-limit increase as a problem for Democrats. But it’s what he needs for his message.
  2. the city politic
    What’s Ahead for New York? Maybe a Budget ‘Nightmare Scenario’The city and MTA are both hoping for help from Congress. Option B is grim.
  3. Trump’s Idea of Paying Down National Debt With Tariffs Is a Bad JokeAs always, Trump’s fiscal math makes no sense.
  4. No Longer a ‘Blip’: Stocks Skid Yet AgainIt’s now officially a “correction,” but the volatility may continue.
  5. GOP in a Sweaty Panic on the Eve of the Tax-Bill UnveilingHouse Republicans have to find $5.5 trillion in spending cuts. By tomorrow.
  6. House Narrowly Passes Budget, But Trouble’s Ahead on TaxesThe very close vote shows that the SALT deduction issue is a serious problem.
  7. Forget ‘Tax Reform.’ Republicans Will Settle for Tax Cuts for the Rich.For all the talk of “tax reform,” Republicans would prefer to offset tax cuts with spending cuts, and in the end won’t insist on offsets at all.
  8. Democrats Toy With Some Debt Limit Hostage-Taking of Their OwnAfter years of supporting unconditional increases, they are now considering making the GOP abandon a budget-busting tax cut.