Trump, Elon Musk and debt
Digest more
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,
4hon MSN
Sen. Rand Paul (R-KY) says at least four Senate Republicans are opposed to the “big beautiful bill” as the tax bill enters the upper chamber for consideration.
Sen. Ron Johnson of Wisconsin says he supports the president but wants to see the price of his sweeping tax bill come down before he supports it.
4h
Mediaite on MSNJohnson Warns Failure of ‘Big Beautiful’ Trump Bill Would Mean ‘Largest Tax Increase in History’ – for Every AmericanJohnson told Welker on Sunday that if Trump's "big, beautiful bill" doesn't get through, every American of every economic class will face an historic tax hike.
Ky., said on Sunday that he would support President Donald Trump's "big, beautiful bill" if the debt ceiling hike was removed. Paul told CBS' "Face the Nation" host Margaret Brennan that he and three other Republican senators will hold out against the bill unless it is modified.
Clear Start Tax Shows How Americans Are Transforming Tax Burdens Into Fresh Starts IRVINE, CA / ACCESS Newswire / May 26, 2025 / For thousands of Americans grappling with back taxes, the IRS Fresh Start Program has opened the door to meaningful relief – but many taxpayers still don’t realize they qualify.
President Trump’s tax policies would add roughly $3.8 trillion to the national debt, according to an analysis released Tuesday by the Congressional Budget Office (CBO). The tax provisions of
2don MSNOpinion
Government debt is driving up interest rates, affecting mortgages, car loans, and credit cards. Learn how this impacts household budgets and economic stability.
Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is “on the warning track and we will never hit the wall.” In a Sunday appearance on CBS News’s Face the Nation,