Center on Budget & Policy Priorities: Emerging Tax and Budget Bill Flunks Basic Rules for Fighting Recessions
April 25, 2025
April 25, 2025
WASHINGTON, April 25 -- The Center on Budget and Policy Priorities issued the following commentary on April 24, 2025:
* * *
Emerging Tax and Budget Bill Flunks Basic Rules for Fighting Recessions
By Brendan Duke
President Trump's sweeping tariffs, which will put the tax rate on imported goods at its highest level since at least the 1930s, and their chaotic rollout have sparked volatility in the stock and bond markets and led many private-s . . .
* * *
Emerging Tax and Budget Bill Flunks Basic Rules for Fighting Recessions
By Brendan Duke
President Trump's sweeping tariffs, which will put the tax rate on imported goods at its highest level since at least the 1930s, and their chaotic rollout have sparked volatility in the stock and bond markets and led many private-s . . .