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Tax Cut, national debt
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump. The nonpartisan Congressional Budget Office released its 10-year budget outlook on Friday that showed a slightly brighter picture as
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
Kemp proposes GA tax cuts, tort reform
Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. (AP) — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.
State of the State: Kemp proposes GA tax cuts, tort reform
Gov. Brian Kemp delivered his 2025 State of the State address Thursday, emphasizing tax cuts and tort reform as key priorities for Georgia. Kemp also highlighted the state's resilience following Hurricane Helene and praised its economic strength.
Gov. Kemp announces proposed tax cut in 2025 State of the State address
Tax cuts and tort lawsuits were among the biggest items in Georgia Gov. Brian Kemp’s annual State of the State address on Thursday. From mourning Hurricane Helene’s victims to promoting Georgia’s healthcare coverage program,
9h
What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.
11h
A Major Cut To Capitol Gains Tax Would Turbocharge The Economy
A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.
22h
on MSN
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
1d
Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that ...
2d
Dan Haar: Lamont will pitch a tax cut in Connecticut next month. Here's what that means
A cut in Connecticut taxes has not been widely discussed at the Capitol this year amid spending battles, but Gov. Ned Lamont ...
1d
on MSN
Budget: Walz pitches state's first sales tax cut, reduction in disability waiver spending
In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the ...
21h
on MSN
Gov. Tim Walz recommends changes to Minnesota sales tax, cuts for disability services in upcoming budget
Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest ...
1d
on MSN
Brian Kemp Eyes $1B Tax Rebates, Speeds Up Tax Cut Timeline
Kemp Got Planned? These measures were outlined alongside Kemp's broader policy agenda, which includes $600 million to improve ...
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