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IWhen President Ronald Reagan cut taxes in the 1980s, the national debt was 30 percent of GDP. Even those tax cuts were partially reversed amid rising deficits and, by the late 1990s, the U.S. Treasury was running a rare surplus. Today, after large tax cuts in the early 2000s, spending for wars and recession recovery Read More →
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By Glenn Rabinowitz / Monday, January 14th, 2019 / Energy, Latest news / Comments Off on PG&E stock plunges as utility prepares to file for bankruptcy
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