U.S. Economy Faces $1 Trillion Risk if Trump Tax Cuts Expire, National Association of Manufacturers Study Says
- President-Elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses, according to the Associated Press.
- State revenues have flattened out partly due to tax cuts, as reported by the Urban Institute.
- Democratic Governor Kathy Hochul has unveiled a plan to cut income taxes for most people, according to the Associated Press.
- States are experiencing tighter budget conditions, said Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers.
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Coverage Details
Total News Sources0
Leaning Left4Leaning Right9Center7Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 20%
C 35%
R 45%
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