Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.
Category: Federal Budget (US)
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‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.
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Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
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U.S. Budget Deficit Rises to $1.8 Trillion in 2024
New estimates from the Congressional Budget Office show continuing fiscal strain, despite steady economic growth.
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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.
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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.
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Trump Floats an Array of Expensive Tax Cuts to Win Votes
Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.
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Trump’s Proposal to End Taxes on Overtime Pay Could Cost Billions
The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.
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Trump’s Proposal to End Taxes on Overtime Pay Could Cost Billions
The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.
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An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
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BLS Data on Jobs and Consumer Prices Faces a Test of Trust
The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.
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Donors Quietly Push Harris to Drop Tax on Ultrawealthy
Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street.