Spending Fight Shows Limits of Trump Power to Change Fiscal Path
Posted inBipartisan Policy Center Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) Government Accountability Office Law and Legislation Musk, Elon National Debt (US) Office of Management and Budget (US) Ramaswamy, Vivek (1985- ) United States Politics and Government

Spending Fight Shows Limits of Trump Power to Change Fiscal Path

Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and interest expenses.
Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
Posted inCommittee for a Responsible Federal Budget Federal Budget (US) Harris, Kamala D Income Tax Institute on Taxation and Economic Policy Tax Credits, Deductions and Exemptions Taxation Trump, Donald J United States Economy United States Politics and Government

Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans

A new analysis finds that Vice President Kamala Harris and former President Donald J. Trump’s plans would both add to the deficit, but Mr. Trump’s proposals could create a fiscal hole twice as big.
Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
Posted inCommittee for a Responsible Federal Budget Federal Budget (US) Harris, Kamala D Income Tax Institute on Taxation and Economic Policy Tax Credits, Deductions and Exemptions Taxation Trump, Donald J United States Economy United States Politics and Government

Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans

A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.