The pound and U.K. government bonds fell on investors’ worries that the country’s largest tax cuts in decades would spark even higher inflation
against the U.S. dollar Monday, before paring losses. The currency touched $1.0349 during Asian trading hours, breaking through its previous record low of 1985. It then recovered to just under $1.08, down slightly less than 1%.
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Gov. Abbott and O’Rourke both make big promises to cut property taxes, and have opposite plans for doing itAbbott and O’Rourke both promise to cut property taxes, and have opposite plans for doing it
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