Words & Numbers
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Insightful weekly commentary on news & current events from economist Antony Davies and political scientist James R. Harrigan.
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Day of the Debt
June 10, 2020
Deficit Day - the hypothetical day on which the federal government’s tax revenues for the year run out - lands on June 21. Not only is that the earliest Deficit Day has fallen since World War II, the date will get revised to even earlier in the calendar if the government undertakes more stimulus spending.
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Quick Hits
Republicans Jumping Ship - NY Times | Texas Tribune
Foolishness of the Week
Deaths and Stock Markets - AP | WTHR
Topic of the Week: Deficit Day