President Donald Trump’s budget estimates about $2 trillion in savings will result under the 3% economic growth assumed in the proposal, an ambitious target analysts say would be hard to achieve.

BING NEWS:
  • The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
    Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
    05/1/2024 - 6:53 am | View Link
  • Trump could drive inflation higher with his second-term economic agenda, analysts say
    Donald Trump's second-term economic agenda includes aggressive tariff hikes, tax cuts and cheap money policy, all of which analysts say could threaten to reheat inflation. Trump has flat-out dismissed ...
    04/30/2024 - 3:02 am | View Link
  • The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits
    Benefits of the business tax changes in Trump’s 2017 tax bill were costly and did not trickle down to workers and families.
    04/30/2024 - 2:00 am | View Link
  • The new economic ideas Trump advisers are floating for second term — to campaign’s chagrin
    Trumpworld is flush with economic advisers pushing different policy proposals for a possible second term — to the annoyance of the Trump campaign. Top GOP advisers and those likely to gain places in a ...
    04/29/2024 - 10:07 am | View Link
  • Trump’s Unfounded ‘Colossal’ Tax Hike Warning
    During the 2020 campaign, Trump falsely claimed that Biden’s tax plans would result in “doubling and tripling your taxes.” As we wrote then, while Biden proposed to raise an additional $4 trillion ...
    04/16/2024 - 1:01 pm | View Link
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