Massive and Growing Federal Deficit

Happy about the new tax bill? Looking forward to having more money to spend? Have you thought about the services that will no longer be available because of the growing deficit? Are you at all concerned about the effects of the growing deficit on Social Security and Medicare? What about your kids and grandkids who are saddled with massive and growing deficits?
"President Donald Trump’s massive fiscal stimulus plans are adding to the U.S. debt overload...."
It's past time to recognize the link between the short term "high" of tax cuts and the long term implications of cuts in services that you and your family rely on now and in the future.
"After keeping borrowing relatively stable in recent years, the Treasury highlighted the Trump administration’s need to sell debt to help pay the government’s bills as the deficit swells and the Fed allows maturing securities on its $4.4 trillion balance sheet to roll off gradually."
The future we all face is fewer government programs, attacks on Social Security and Medicare, crumbling infrastructure and higher state and local taxes to make up for cuts in federal grants to states and municipalities.
Any savings you get on your federal taxes will be more than made up for by higher state and local taxes, fees, and cuts in services and programs.
Source:U.S. Lifts Debt Sales as Deficit Grows, Plans 2-Month Bills, BySaleha Mohsin and Liz  McCormick

https://www.bloomberg.com/news/articles/2018-05-02/treasury-lifts-long-term-debt-sales-as-u-s-budget-deficit-grows