Major long term tax cut, The President of US is suggesting

Major long term tax cut

Reference no: EM1373791

The President of US is suggesting increased spending for a missile defense system and also proposing a major long term tax cut. Provide some predictions of possible outcomes for the federal budget categories, the economy and the relative importance of each outcome during the next 10 years.

Suppose this from an immediate or short term outcome and then a longer outcome (ten years). What might be some practical problems or issues the country might face with this proposed plan?

Reference no: EM1373791

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