In response to estimates showing that the policy bill would yield limited growth, administration officials have sought to discredit experts while presenting a more optimistic view of the president’s economic agenda.
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children.
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children.
The nonpartisan Congressional Budget Office found that the richer Americans were, the more they would benefit from the measure carrying President Trump’s agenda. And the poorest would lose out altogether.
The nonpartisan Congressional Budget Office found that the richer Americans were, the more they would benefit from the measure carrying President Trump’s agenda. And the poorest would lose out altogether.
The Congressional Budget Office found that under the Republican domestic policy bill that passed the House the bottom 10 percent of Americans would overall lose government benefits worth an average of $1,559 each year over the next 10 years.
The president cited figures from the Congressional Budget Office to suggest tariffs could offset the cost of tax cuts, though he omitted important caveats for why that may not be the case.
The president cited figures from the Congressional Budget Office to suggest tariffs could offset the cost of tax cuts, though he omitted important caveats for why that may not be the case.
President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
President Trump’s allies were trying to discredit the findings of experts even before the new forecast that their signature legislation would add $2.4 trillion to the federal debt.
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of its bill to enact President Trump’s agenda.
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of its bill to enact President Trump’s agenda.
The president’s signature domestic policy bill squeezed through the House last month after Speaker Mike Johnson struck deals to mollify holdout factions of his party.
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