Time not our friend to right the deficit ship


Tom McClintockIn December, Congress adopted one of the most important tax reform laws in our nation’s history. It is producing higher wages, better job opportunities and greater economic expansion than we’ve seen in a decade.
According to the Congressional Budget Office, revenues for the first seven months of the fiscal year have increased because of economic growth. The tax cuts are indeed paying for themselves — and then some.
Yet the deficit continues to grow. Why? Because Congress continues ...

An online subscription is required to view news content on this website.

To continue reading please enter your username and password below. Not a subscriber? Please click here to order a subscription. Existing print subscribers receive free access to the online edition; current subscribers please click here to request your free access.