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 Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
Posted inBiden, Joseph R Jr Congressional Budget Office Customs (Tariff) Income Inequality International Trade and World Market Presidential Election of 2024 Republican Party Tax Cuts and Jobs Act (2017) Trump, Donald J United States Politics and Government

Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households

Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.
Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
Posted inBiden, Joseph R Jr Congressional Budget Office Customs (Tariff) Income Inequality International Trade and World Market Presidential Election of 2024 Republican Party Tax Cuts and Jobs Act (2017) Trump, Donald J United States Politics and Government

Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households

Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.