Here’s one immediate effect of the GOP’s $1.5 trillion tax cut you won’t hear the party crowing over: The revenue it’s draining from federal coffers has moved up the deadline for lawmakers to lift the debt ceiling.
Treasury Secretary Steven Mnuchin in a Wednesday letter urged Congress to extend the feds’ borrowing authority “as soon as possible” because his department has only enough leash to guarantee it can cover its bills through February.
https://www.washingtonpost.com/news...-1115am:homepage/story&utm_term=.4f0fcbd83bcb
Treasury Secretary Steven Mnuchin in a Wednesday letter urged Congress to extend the feds’ borrowing authority “as soon as possible” because his department has only enough leash to guarantee it can cover its bills through February.
https://www.washingtonpost.com/news...-1115am:homepage/story&utm_term=.4f0fcbd83bcb
