During this Tax Season, we will not publish new original content in IntelDigest. However, we will periodically re-publish content from other sources … information which is important for our clients and colleagues.
Today, we send along two news articles published this week by The Washington Post. The first is based on a Treasury Department report on the ballooning Federal Deficit. The second comes from a Commerce Department report on the Trade Deficit, which was the largest in history last year, despite the Trump Tariffs.
https://www.washingtonpost.com/business/economy/the-federal-deficit-ballooned-at-start-of-new-fiscal-year-up-77-percent-from-a-year-before/2019/03/05/ff8d31f6-3f75-11e9-9361-301ffb5bd5e6_story.html?utm_term=.1600200f3c00
https://www.washingtonpost.com/business/economy/trump-promised-to-shrink-the-trade-deficit-instead-it-exploded/2019/03/05/35d3b1e0-3f8f-11e9-a0d3-1210e58a94cf_story.html?utm_term=.c7a0f06f5049