Donald Trump is urging Congress to extend his tax cuts, which could cost over $5 trillion in the next decade and raise the national debt significantly. However, public opinion does not support this direction: a poll indicates 53% favor reducing the federal budget deficit over extending tax cuts. Voters across political lines feel that wealthy individuals and corporations are not paying their fair share, suggesting a tension between Trump's plans and the electorate's priorities regarding fiscal responsibility.
The fiscal arithmetic problem facing Trump's allies is significant, as extending his tax cuts could add $5.4 trillion to the national debt, making deficit reduction complicated.
Polls show a clear preference among voters for prioritizing deficit reduction over extending tax cuts, indicating a disconnect between political promises and public sentiment.
Collection
[
|
...
]