Committee for a Responsible Federal Budget compared the $8.4 tri

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Avalon - Committee for a Responsible Federal Budget compared the $8.4 trillion debt approved by Trump to the $4.3 trillion approved by Biden. It estimated Trump’s tax cuts for the rich and corporations cost $4.8 trillion, which is more than the $4.3 trillion cost of Biden’s “Infrastructure bill, Inflation Reduction Act, American Rescue Plan, CHIPs [and Science Act], PACT [expanding health benefits to veterans exposed to toxic substances and burn pits], student debt forgiveness, and funding the IRS COMBINED.” Under Trump, Congress also passed $3.6 trillion in covid relief.

Print Publication Date: 
7/03/2024
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