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Defying debt warnings, Republicans push forward on Trump tax agenda
- Republicans are advancing a tax agenda despite warnings about the national debt, which exceeds $36 trillion, as discussed by Treasury Secretary Scott Bessent.
- Recent polling shows that 43% of Republicans prefer raising taxes on households earning over $400,000, according to the Pew Research Center.
- Facing a fiscal crisis, some GOP members are advocating for tax increases on the wealthy, indicating cracks in the party's longstanding anti-tax stance, as reported by Robert P. Beschel.
10 Articles
10 Articles
Steve Rattner maps out the irresponsible Republican path to uncontrollable deficits and debt.
Steve Rattner uses charts to explain the uncontrollable US debt. My narrative assigns the blame to Republican policies, a fact the mainstream media is scared to address. The post Steve Rattner maps out the irresponsible Republican path to uncontrollable deficits and debt. appeared first on EgbertoWillies.com.
'$10 trillion secret': Low-income voters are finally miffed at Republicans
Former World Bank leader Robert P. Beschel reports in the Atlantic that Republicans prefer to “focus on spending—when they’re not responsible for it,” and this has obscured the fact that the U.S. is bankrupting itself through decades of tax cuts. But voters are catching on to the ruse.“The U.S. collects significantly less money as a share of GDP than comparable countries, and less than it has taken in historically,” Beschel writes, ranking 32nd …
Republicans shrug off alarms over nation’s ballooning debt, forward Trump’s tax agenda
U.S. President Donald Trump and his Republican allies in Congress are determined to enact his tax-cut agenda in a political push that has largely abandoned longtime party claims of fiscal discipline, by simply denying warnings that the measure will balloon the federal debt. The drive has drawn the ire of Elon Musk, a once-close Trump ally and the biggest donor to Republicans in the 2024 election, who gave a boost to a handful of party deficit ha…
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- 75% of the sources lean Left
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