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Tax Breaks for the Wealthy, Higher Deficits Ahead

Tax Breaks for the Wealthy, Higher Deficits Ahead

Published 2 months, 3 weeks ago
Description

A new report from the Center for American Progress projects that President Donald Trump’s so-called “Big Beautiful Bill” could lead to higher federal deficits and significant losses in health care coverage. Critics argue the tax cuts primarily benefit wealthy Americans while increasing financial pressure on working-class and low-income households.

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