Trump had one major legislative accomplishment, if you want to c

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Avalon - Trump had one major legislative accomplishment, if you want to call it an accomplishment: The Tax Cuts and Jobs Act he signed into law in December 2017. It has an enormous cost: Although Republican leaders claimed it would generate growth and lead to “$1 trillion in additional revenue,” the Congressional Budget Office estimated that it would cost $1.9 trillion before the tax cuts expired in 2025. The CBO’s estimate has proven to be right on the mark. The Trump tax cut has exploded the national debt.

Print Publication Date: 
7/03/2024
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