Good News! The Future Will Be Full of Surprises

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For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary: News bulletin: The Congressional Budget Office (CBO) says that President Biden’s Inflation Reduction Act “will decrease the deficit by more than $100 billion over the next decade” (Forbes, August 16, 2022). Find A Qualified Financial AdvisorLest you forget, the federal government ran a $2.8 trillion deficit in 2021 alone, so cutting the deficit by $10 billion a year for the next 10 years amounts to a 0.36% reduction of 2021’s red ink per year. Big deal. More than that, how can anyone …

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