To the editor:

In response to Richard Rolando’s Feb. 5 letter, as a result of the “Tax Cuts and Jobs Act (TCJA) that President Donald Trump signed into law on Dec. 22, 2017, the federal budget deficit ballooned from $666 billion in fiscal 2017 to $779 billion in fiscal 2018 (an increase of 17 percent) due in large part to a sharp decline in corporate tax revenue.

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