https://www.newsweek.com/republicans-reveal-trump-tax-plan-will-cost-us-45-trillion-2030024 Republicans Reveal Trump Tax Plan Will Cost US $4.5 Trillion Published Feb 12, 2025 at 10:57 AM EST The Republican House Budget resolution out Wednesday reveals the Ways and Means Committee will get $4.5 trillion to lock in tax cuts, one of President Donald Trump's major proposals. The GOP also seeks an increase in the debt limit by $4 trillion, the resolution says. The plan, which includes a substantial increase in the debt limit, highlights the party's commitment to making permanent the tax cuts enacted during the Trump administration. Why It Matters Republicans are divided on how to move forward with Trump's policies during the ongoing budget reconciliation process. Some favor a single comprehensive bill that includes as much of Trump's agenda as possible, while others prefer two separate bills that would deliver incremental victories for the president. What To Know The newly released House GOP resolution proposes a $4 trillion debt ceiling increase while allocating $4.5 trillion in new deficits for the tax-writing Ways and Means Committee. This move aims to extend tax cuts that many Republicans argue are crucial for economic growth. The proposal includes $4.5 trillion in tax cuts, $1.5 trillion in spending reductions, $300 billion for immigration and military efforts, and a debt limit increase. If approved, these measures would help Republicans push significant legislation through Congress along party lines.
The deficit was 665 billion when Trump took office the first time,2.7 trillion when he left the first time.Just imagine what it will be this time.
A mere $4.5 Trillion. Musk and his fellow billionaire friends can shake that out of their couch cushions.
Yes but RINO's are not, 2026 get rid of them. Get rid of the entire uni-party. It's like the entire gov't is a corrupted Seagate hard drive and Elon is doing the data recovery.