Former Representative Jeb Hensarling warns that the impending expiration of key tax provisions under the Tax Cuts and Jobs Act alongside a rising national debt presents a significant fiscal challenge for Republicans. The projected $5 trillion increase in national debt necessitates targeting tax expenditures, such as those related to corporate health insurance and student loans, to maintain economic growth. Hensarling emphasizes the need for Congress to proactively cut the budget and associated outlays to effectively address these fiscal issues.
John Halpin from The Liberal Patriot suggests that Americans may have a more favorable view of Trump's upcoming term compared to his first, driven by support for his economic and immigration strategies. Polls indicate that a significant majority approve of pursuing Trump’s border and deportation plans, along with his objectives for personal tax cuts and reduced government spending. Halpin advises Trump to concentrate on these core issues to maintain popularity, warning that overlooking them in favor of narrow political agendas could lead to a decline in public support.
Collection
[
|
...
]