7 Articles
7 Articles
Brain-controlled iPhones, a Japanese asset buy-a-thon, and Trump tax cut debt : The Indicator from Planet Money
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Japanese asset buyers make it rain, an iPhone ... powered by the brain?! And, how are we going to pay for these Trump tax cuts? We explain! Related episodes:What's going to happen to the Trump tax cuts? (Apple / Spotify) Slender Starbucks, Medicaid at risk, and the gold card visa (Apple / Spotify)For sponsor-free e…
Economists reveal what’s really hiding in the GOP tax bill
The GOP’s latest incarnation of the House budget bill hides $1 trillion in new U.S. debt, say analysts.Financing President Donald Trump’s expensive 2017 tax cuts is no less expensive this time around. Bloomberg reports the cost of Republican lawmakers’ draft plan to extend the cuts currently sits at $3.8 trillion over the next 10 years in one official estimate. “The reality is likely much higher, thanks to the use of budget and political tools d…
Trump’s Tax-Cut Draft Masks the True, Giant Threat to US Debt
The cost of Republican lawmakers’ draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher, thanks to the use of budget and political tools designed to minimize the appearance of the fiscal hit, according to independent analysts including former Republican staff members.
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