exploring tax cuts jobs and cbo

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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.
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