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The proposed tariffs would shift tax burdens from the well-off to lower-income Americans, the nonprofit also stated in a policy brief published in August. For now, it is unclear when the new Trump ...
A Republican-led Congress is likely to let the enhanced personal tax credits expire, according to KFF, a nonprofit health policy group. The credits save enrollees about $700 a year, according to ...
For Republicans, the inflation issue is an election boon. But why don't they propose any ideas for doing something about it?
Economist Paul Krugman expressed a similar view in February 2020, writing that Trump's initial promises of a more bi-partisan agenda (e.g., raising taxes on the rich, infrastructure investment and preserving safety net programs) ultimately gave way to pursuing more typical Republican policy priorities of tax cuts and reduced safety net spending ...
While Democrats struggle to pass President Joe Biden's social and climate change agenda, Republicans have been pelting them with the repeated accusation that his policy initiatives are driving up ...
One possibility for the consistent outperformance by Democratic presidents was that "Democrats have been more willing to heed economic and historical lessons about what policies actually strengthen the economy, while Republicans have often clung to theories that they want to believe — like the supposedly magical power of tax cuts and ...
Inflation is partly influenced by the global supply chain crisis, shifting consumer behavior and an influx of pandemic relief spending approved by Trump and Biden. Republicans target Biden ...
He also argued that Republican plans — such as a proposal to repeal the so-called Inflation Reduction Act — "would make inflation worse, shower billions of dollars on Big Pharma, and increase ...