• Updated

(The Center Square) – Credit-rating agencies are watching a U.S. budget reconciliation process for potential impact on budget deficits and federal debt.

  • Updated

(The Center Square) – As Senate Republicans work on the floor to pass a compromise budget resolution, fiscal watchdogs are warning that permanently extending President Donald Trump’s tax cuts will have dire consequences.

  • Updated

(The Center Square) – If Republicans in Congress make good on President Donald Trump's promise to extend the expiring provisions of the 2017 Tax Cuts and Jobs Act, the move would add more than $37 trillion to the debt over the next 30 years, including $4.5 trillion in the next decade.