The Economic Effects of Reducing the Costs of Government – ValueWalk Premium
report by CBO

The Economic Effects of Reducing the Costs of Government

A good deal of economists, analysts, and investors appear to believe that strong deficit reduction – either through increased taxes or budget savings through entitlement reform and federal workforce reduction – would correlate with prolonged below trend economic growth.

A recently released report by the Congressional Budget Office (CBO) came to the exact opposite conclusion.

Source: Congressional Budget Office

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