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Scott Bessent’s 3 Percent Deficit Target Would Require Massive Cuts to Anti-Poverty Programs and Middle-Class Tax Increases Article
U.S. President-elect Donald Trump’s nominee to be treasury secretary, Scott Bessent, arrives for a meeting with Sen. Mike Crapo (R-ID).

Scott Bessent’s 3 Percent Deficit Target Would Require Massive Cuts to Anti-Poverty Programs and Middle-Class Tax Increases

Basic arithmetic suggests that the fiscal goals of President-elect Donald Trump’s treasury pick would slash health care and food security for working- and middle-class families while renewing tax cuts tilted to the wealthy.

Brendan Duke, Bobby Kogan

Republican Tax Legislators’ Potential Framework for Extending Trump’s Tax Cuts Is a Gimmick That Would Cost More Than Advertised Report
The U.S. Capitol building is seen on a foggy morning.

Republican Tax Legislators’ Potential Framework for Extending Trump’s Tax Cuts Is a Gimmick That Would Cost More Than Advertised

Using a current policy baseline to mask the cost of extending Trump’s tax cuts is a gimmick that cannot change the fact that doing so would increase the deficit.

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