Budget Control Act

THE TAX ATTIC with Jerry Coon

August 18, 2011 // 0 Comments

Looking at how to cut the deficit Jerry Coon Last week, I began discussing the implications of what our Congress has wrought by passing the Budget Control Act. The Act’s intention is to reduce the deficit by a total of $2.5 trillion over the next 10 years. They are going about this in two ways. Part A calls for trimming $1 trillion of expenditures over that 10-year [...]