Senate Budget Committee Chair Whitehouse: Extending Trump's Tax Cuts for the Wealthy Will Shrink the Economy, CBO Finds
December 05, 2024
December 05, 2024
WASHINGTON, Dec. 5 -- Sen. Sheldon Whitehouse, D-Rhode Island, chairman of the Senate Budget Committee, issued the following news release:
In a new dynamic estimate of the Trump tax law, the nonpartisan Congressional Budget Office (CBO) found that another round of Trump's tax cuts for the ultrarich will shrink the United States economy over the long term.
As Congress gears up for the 2025 tax debate, Republicans are pushing for even more giveaways to the wealthy and bi . . .
In a new dynamic estimate of the Trump tax law, the nonpartisan Congressional Budget Office (CBO) found that another round of Trump's tax cuts for the ultrarich will shrink the United States economy over the long term.
As Congress gears up for the 2025 tax debate, Republicans are pushing for even more giveaways to the wealthy and bi . . .