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Analysis

Increased Gov't Borrowing For Tax Cuts May Be Precarious

By Vidya Kauri (May 1, 2018, 8:34 PM EDT) -- The government's first official gross domestic product estimates in the wake of extensive tax cuts indicate a healthy economy, but the Treasury Department's record borrowing of $488 billion this year could result in long-term pain for Americans as they come down from the sugar high of a one-time tax boost....

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