With the US economy slowing down the impact of the trade war, President Donald Trump is implementing another basic pre -election announcement that will affect its course of the global economy. In the shadow of confrontation with other countries over the increases of duties, which is dominated by the media, another controversy in the US is evolving, focusing on the tax exemptions and cuts in public spending. The “big, nice bill”, as the US president called it, which has more than a thousand pages, will decline in the coming years the course of the US fiscal deficit and debt, for which they have already hit “bells” by ratings and markets. The US government’s top bill was approved last month by the House of Representatives, with just one vote difference, but its adoption by the Senate is pending, where the process is traditionally more difficult. Although the […]
Source: News Beast
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