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Can the US Tax Its Way to Fiscal Health? /
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2024-06-24 17:04:12

Can the US Tax Its Way to Fiscal Health? on Nostr: A Comparison of Trump and Biden's Contributions to the National Debt =============== ...

A Comparison of Trump and Biden's Contributions to the National Debt
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#eebe0f3d ver:0.19

Lawmakers debate raising taxes or cutting spending to tackle rising deficits and debt. Tax cuts and spending increases both contribute to the debt. Tax cuts under Bush and Trump added $10 trillion to the debt. Cutting spending alone won't fix the problem. The challenge of high debt is manageable economically but requires political action. Biden and Trump both added to the debt, with Biden adding $4.3 trillion so far. The focus should be on what the spending is for, not just the amount spent. #NationalDebt #TaxCuts #SpendingCuts #FiscalResponsibility...

#newstr #Trump #Biden #NationalDebt #FiscalRecord #Crfb

https://here.news/story/eebe0f3d?ver=0.19
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