Commentary: The GOP’s tax bill is exactly wrong for this economic moment

The GOP’s tax bill is exactly wrong for this economic moment - Hawaii Tribune-Herald

There are two distinct threats to the U.S. economy of 2025. One is the president’s shoot-first-ask-questions-later trade war, which has rattled both consumers and the bond market, not to mention economists. The other is the government’s projected annual deficit of $1.9 trillion, despite more than three years of low unemployment and consistent growth.

Real World Economics: Tax bill full of perverse incentives

Edward Lotterman The 119th Congress now deliberating in Washington is rewriting history. Having sat for only 135 days, but already over seven months into fiscal year 2025, it will grab the prize as most fiscally irresponsible Congress ever. The 12th Congress, 1811-1813, held that status for two centuries. It declared war on England in June 1812 and adjourned without appropriating any money with which to fight. This was after refusing to recharte…

Commentary: The GOP’s tax bill is exactly wrong for this economic moment

There are two distinct threats to the U.S. economy of 2025. One is the president’s shoot-first-ask-questions-later trade war, which has rattled both consumers and the bond market, not to mention economists. The other is the government’s projected annual deficit of…