Everyone can see the chart, but only a few can actually read it.
-
Yellen says rising deficit is unsustainable: 'If I had a magic wand, I would raise taxes'
The United States is taking on too much debt right now, a problem that is will only worsen moving forward, former Federal Reserve Chair Janet Yellen said Tuesday. "If I had a magic wand, I would raise taxes and cut retirement spending," Yellen told CNBC's Steve Liesman at the Charles Schwab Impact conference in Washington, D.C., who characterized the U.S. debt path as "unsustainable." The U.S. fiscal deficit rose to $779 billion in fiscal 2018, up 17 percent from the previous fiscal year. This happened after President Donald Trump signed a bill late last year slashing the corporate tax rate to 21 percent from 35 ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 30, 2018 7:26pm Oct 30, 2018 7:26pm
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3103 Comments
- Comment #2
- Quote
- Oct 30, 2018 7:29pm Oct 30, 2018 7:29pm
- lasty
- Joined Aug 2008 | Status: Member | 1423 Comments
- Comment #3
- Quote
- Oct 30, 2018 8:22pm Oct 30, 2018 8:22pm
- Gwan
- | Joined Feb 2007 | Status: Small is beautifull | 156 Comments
- Comment #4
- Quote
- Oct 30, 2018 10:33pm Oct 30, 2018 10:33pm
- billv
- Joined Dec 2011 | Status: Member | 1068 Comments
Have a nice day
- Comment #5
- Quote
- Oct 31, 2018 5:31am Oct 31, 2018 5:31am
- UnBearybull
- | Joined Aug 2016 | Status: Member | 601 Comments
- Comment #6
- Quote
- Oct 31, 2018 5:39am Oct 31, 2018 5:39am
- catiron
- | Joined Feb 2009 | Status: Member | 7 Comments
"A is A"
- Comment #7
- Quote
- Oct 31, 2018 7:16am Oct 31, 2018 7:16am
- Nick.
- Joined May 2013 | Status: Member | 898 Comments
- Comment #8
- Quote
- Oct 31, 2018 8:13am Oct 31, 2018 8:13am
- Nick.
- Joined May 2013 | Status: Member | 898 Comments
- Comment #9
- Quote
- Oct 31, 2018 11:16am Oct 31, 2018 11:16am
- Guest
- | IP XX.XX.125.41