Tuesday, June 11, 2024

White House hits GOP over reported corporate tax cut preparations

The White House has cited warnings from economists who said that increased corporate tax cuts, paired with other Trump proposals like imposing tariffs on all imports into the U.S., could lead to a surge in inflation and further increase the national debt. 

President Biden has touted his own economic agenda, which has led to low unemployment and slow but consistent declines in inflation from its peak in 2022. But polling has shown voters are still frustrated by high costs and still trust former President Trump more on matters of the economy...

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