This is the story that is either under-reported or not absorbed yet by the Americans ppl. Unfortunately, the bill for the tax cuts will come due in years after the short sugar-high is gone. The cost/impact that will come will be tremendously more significant and painful.
"As a result, debt held by the public would climb to 129 percent of Gross Domestic Product (GDP) by 2038, up from the 118 percent it is projected to reach if the tax cuts were not extended."http://www.crfb.org/blogs/tax-cut-extensions-would-cost-657-billion …
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