19 May 2025
#trump #tax reform #house ways and means committee #national debt #economic growth
The House Ways and Means Committee narrowly voted in favor of Trump's tax reform bill, which is expected to face more challenges in the full House and Senate. This bill has drawn criticism for favoring the wealthy and adding to the national debt.
21 May 2025
#cbo #tax bill #congressional budget office #national debt #economy #medicare #tax cuts #wealth inequality #2018 midterm elections
Read the latest analysis from the Congressional Budget Office (CBO) on the impact of the tax bill signed into law in December 2017.
06 Jun 2025
#trump #tax bill #immigration #national debt #interest payments
A non-partisan analysis reveals that the Trump tax bill and immigration plan could add $550 billion in interest payments to the national debt over the next decade, bringing the total interest on the debt to $2 trillion by 2028.