Trump's Tax Cuts & Tariffs: A Debt & Inequality Crisis
Anchorage News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Trump administrations permanent tax cuts have significantly increased federal deficits, pushing the national debt past thirty-nine trillion dollars. Tariffs, largely borne by American consumers, are fueling inequality and causing economic strain. The Supreme Courts ruling on tariffs congressional approval limits Trumps power, while Congress could intervene with balanced budgets or spending cuts to curb the debt and stabilize the economy.
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