Here is a chart that doesn't bode well for the feds.
Seeing as though we have a liberal in the White House and a Democratically-controlled Congress, how do you think they will react to a massive shortfall of revenue?
(For this exercise I've assumed tax cuts that might actually stimulate the economy are off the table.)
Seeing as though we have a liberal in the White House and a Democratically-controlled Congress, how do you think they will react to a massive shortfall of revenue?
(For this exercise I've assumed tax cuts that might actually stimulate the economy are off the table.)