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PSE passing on federal tax savings to their customers

– Editor’s note:
This is a nice gesture by PSE, however let’s not break out the champagne just yet.
The public should be forewarned that the federal deficit has more than doubled under the current Trump administration and continues to rise, which will come back to hit Americans in their wallets just like after the 1980’s Reagan tax cuts, as servicing the interest on the debt will strangle the economy. As an example, the Federal Debt: Total Public Debt as Percent of Gross Domestic Product is now at a staggering 103.7%.

– “Puget Sound Energy to pass on $96.5 million in federal-tax savings to customers”
“The tax savings will cut residential electric bills by $3.50 a month and trim natural gas bills by $1.83 a month, according to a written statement from the organization,” quoting Seattle Times Staff.
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Posted by Steve on May 3, 2018 at 12:01 am | Permalink

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