The new Republican tax bill to benefit the wealthy has trickled down to everyone else. Our debt we leave to our children demonstrates just who the Republicans expect to foot the bill to pass on to the top.
The
Treasury Department predicted the U.S. government’s borrowing needs in
the second half of this year will jump to the most since last decade’s
financial crisis as the nation’s fiscal health deteriorates despite a
strong economy.
The
department expects to issue $329 billion in net marketable debt from
July through September, the fourth-largest total for that quarter on
record and higher than the $273 billion estimated in April, Treasury
said in a report Monday.
http://www.latimes.com/business/la-fi-treasury-borrowing-20180730-story.html
