President Biden outlined a slew of tax hikes on wealthy Americans as an avenue for reducing the deficit and funding key programs like Medicare in his proposed budget for fiscal year 2024 released on ...
The US government’s budget deficit hit its highest since the Covid pandemic years in 2024, propelled by increased debt interest costs and higher Social Security and defense spending — which more than ...
Enacted under Trump, the Tax Cuts and Jobs Act, or TCJA, of 2017 lowered federal income tax brackets, raised the standard deduction, and doubled estate and gift tax exemption, among other individual ...
President Donald Trump listens during a roundtable discussion with business leaders in the Roosevelt Room of the White House, Wednesday, Dec. 10, 2025, in Washington. (AP Photo/Evan Vucci) As ...
As President Donald Trump announced a $12 billion farm aid package this week to help U.S. farmers hurt by tariffs, he placed responsibility for the U.S. agricultural trade deficit on former President ...
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Fact focus: Trump blames Biden for the agricultural trade deficit. It's not that simple
As President Donald Trump announced a $12 billion farm aid package this week to help U.S. farmers hurt by tariffs, he placed responsibility for the U.S. agricultural trade deficit on former President ...
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