[Love2Swim]

Is anyone concerned about the federal deficit? I was just reading that the deficit is growing in large part because tax receipts are falling. In other words, the 2017 tax cuts continue to siphon revenue from the treasury. The tax cuts are not paying for themselves as promised. Tax revenue for the last two years has fallen more than $400 billion short of what the CBO projected months before the tax law was passed. The deficit is now nearly $1 Trillion. Some experts are saying this level of debt is unprecedented in peacetime during a growing economy. The economy is supposedly "booming" yet the deficit is the highest since 2012 when the country was emerging from the Great Recession.