Topic - Scott Grannis

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  • "The U.S. economy is in much better shape today than was expected four years ago, and the federal budget outlook is significantly better today than was expected four years ago," said Wall Street economist Scott Grannis, noting that the improving economic and budget trends "go a long way to explaining the equity market rally that began four years ago and continues today."

    Tax timing, Fannie and Freddie help cut federal deficit in half →

  • "The main driver of higher revenues is simply the ongoing growth of the U.S. economy, which in turn has boosted incomes, corporate profits and capital gains," he said. "The bigger story, however, is the huge decline in federal spending. No actual cuts were necessary to reduce the burden of government spending by over 3 percentage points in just four years."

    Tax timing, Fannie and Freddie help cut federal deficit in half →

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