federal deficit Archives - Flux https://flux.community/tag/federal-deficit/ A platform for change Mon, 12 Jun 2023 17:02:01 +0000 en-US hourly 1 After threatening the economy in the name of deficit reduction, House Republicans push bill to cut taxes for wealthy https://flux.community/jake-johnson/2023/06/after-threatening-the-economy-in-the-name-of-deficit-reduction-house-republicans-push-bill-to-cut-taxes-for-wealthy/ Mon, 12 Jun 2023 17:02:01 +0000 https://flux.community/?p=13751 Tax cut legislation that House Republicans are set to consider this week after pushing the global economy to the brink of disaster would deliver more than $28 billion to the richest 1% of Americans next year—and just $1.4 billion to the poorest fifth of the country. That’s according to a new analysis of the legislation by the Institute on […]

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