Debt vs. growth: Trump’s tax plan puts economic theory and political unity to the test
President Trump’s sweeping tax cut plan is testing both economic theory and GOP unity as concerns mount over its potential to balloon the national debt. While the White House claims faster growth and tariff revenues will offset deficits, economists and some Republicans remain skeptical, warning that the plan lacks sufficient fiscal discipline and realistic assumptions.
President Trump’s sweeping tax cut plan is testing both economic theory and GOP unity as concerns mount over its potential to balloon the national debt. While the White House claims faster growth and tariff revenues will offset deficits, economists and some Republicans remain skeptical, warning that the plan lacks sufficient fiscal discipline and realistic assumptions.
