Tag: federal finance
![Double exposure Us banknote with Financial paper and work station on working table](https://crr.bc.edu/wp-content/uploads/2018/12/Double-exposure-Us-banknote-with-Financial-paper-and-work-station-on-working-table-1536x1024.jpeg)
Deliberately imperiling federal finances should not be an excuse to cut programs for older Americans. It was unsurprising to many when the Treasury announced in mid-October that the federal budget deficit rose 17 percent in Fiscal Year 2018. This increase reflected the tax cut and subsequent spending hikes enacted in the past year. Contrary to…