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Capitol Building

As Congress and the president wrestle over the 2018 federal budget—and the need to negotiate yet another debt ceiling agreement—it’s helpful to understand the crucial elements behind the debate, and how it all plays into economics and financial markets.

This five-part discussion on the federal budget debate by Russell Swansen, former Chief Investment Officer and current board member/trustee of the Thrivent Mutual Funds and the Thrivent Series Funds, provides an in-depth examination of where taxes are collected, how spending is managed, and their effects on the economy.

From deficits and debt to taxes and spending policy, this series should provide you with a better understanding of the obstacles Congress faces as they walk the fine line between appeasing their constituents and taming the nearly $20 trillion national debt.

To read more about the budget debate, view the entire white paper.

Read the full report: Understanding the Budget Debate

 

 

At Thrivent Mutual Funds, we recommend you consultyour tax advisor to make sure you’re getting the most out of your investments. Thrivent Mutual Funds and their representatives cannot provide legal or tax advice.

Opinions expressed here are those of the author and not necessarily those of Thrivent Asset Management or its employees. The information provided here does not purport to be a complete statement of all material facts related to the federal budget process. Opinions expressed here are those of the author at the time of writing and are subject to change without notice and may or may not be updated. This information should not be used as the primary basis of investment decisions.

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