The Economic Effects of Reducing the Costs of GovernmentHarrison Roger
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
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.