Moody’s Inconvenient Reminder

Tax Cuts are Revenue Cuts

The national debt clock is displayed at a bus station in Washington on April 14, 2025. Madalina Vasiliu/The Epoch Times

Commentary

The U.S. financial markets and the American consumer are both expressing concern about the state of the economy. The impact of tariffs, downgrades, deficits, tax bills, and inflation are each being weighed.