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Real Money.

Authors :
Martin, Felix
Source :
New Statesman. 2/2/2018, Vol. 147 Issue 5404, p9-9. 1p. 1 Color Photograph.
Publication Year :
2018

Abstract

The article focuses on the impact of the U.S. Tax Cuts and Jobs Act (TCJA) on prices of shares in U.S. stock markets. It mentions that the TCJA is expected to boost gross domestic product (GDP) in the U.S. and the Congressional Budget Office has forecasted that the US's annual fiscal deficit would breach U.S. GDP by 2021 and national debt would spiral to more than GDP by 2027. It also mentions that U.S. President Donald Trump's draft 2018 budget includes spending cuts.

Details

Language :
English
ISSN :
13647431
Volume :
147
Issue :
5404
Database :
Academic Search Index
Journal :
New Statesman
Publication Type :
Periodical
Accession number :
127779302