Trump's Tax Proposals Could Exceed Budget of Federal Agencies

Reported about 1 month ago

Donald Trump's proposed tax cuts, estimated to cumulatively cost up to $10.5 trillion over a decade, would surpass the budgets of all domestic federal agencies combined. Despite assertions from his campaign about offsetting these costs through spending cuts and increased energy production, the sheer scale of the proposals raises concerns about their feasibility and potential economic impact. Meanwhile, Democratic proposals, while substantial, would incur less than a quarter of this cost.

Source: YAHOO

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