Tax cuts are coming, but not soon, in a cautious budget
The longer run projections show a very gradual return to balance. But this assumes no recession and no further income tax ...
Think The National Debt Is Big Now? Wait Until Trump Tax Cut Extensions Hit
Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest rates rise, according to a new estimate by the Congressional Budget Office.
Committee for a Responsible Federal Budget1d
Tax Cut Extensions Would Add $37 Trillion to Debt by 2054
In a recent letter, the Congressional Budget Office (CBO) estimated that extending and reviving various provisions from the Tax Cuts and Jobs Act ...
The Economist4d
Six charts show the impact of Obamacare
Despite the setbacks, most Americans now have a favourable view of Obamacare (see chart 6). Polling showed that favourability ...
WKRG15d
Trump’s tax cuts could expire by year’s end. Which ones are they?
The Tax Cuts and Jobs Act was the largest tax code overhaul in nearly 30 years. Extending the 2017 legislation would reduce federal tax revenue by $4.5 trillion over the next 10 years, according ...
Yahoo Finance18d
Big Deficits, Big Tax Cuts—But At What Cost? How The FY2025 Budget Impacts Everyday Americans
If the Trump-era tax cuts are made permanent, the deficit would rise even further—by $6 trillion over the next 10 years. To comply with Senate rules, most of the tax cuts would have to expire by ...
New tax cut plans pass Senate, House as fears over federal funding loom. see details
Both the Senate and House passed new tax cut plans on Tuesday. During the debate with Democrats, federal spending cuts and ...