Tag #Tax Cuts

Showing 13 to 24 of 165 results

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Dalio Warns of Looming US Debt Crisis

Billionaire investor Ray Dalio warns of a potential US debt crisis, citing a rising debt-to-GDP ratio (104% in 2017 to 123% in 2024) and unsustainable deficit, exacerbated by recent tax cuts, potentially leading to a "death spiral" within three years, impacting global markets.

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npr.org
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Republican Budget Bill Increases Deficit, Faces Democratic Opposition

The Republican budget bill, already passed by the House, contains tax cuts and Medicaid cuts, increasing the federal deficit and potentially harming millions of Americans, according to Senator Jeff Merkley and the Congressional Budget Office.

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cbsnews.com
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House Passes "Big, Beautiful Bill" with Deep Cuts to Social Programs

The "big, beautiful bill", narrowly passing the U.S. House, includes tax cuts, border security funding, and energy provisions, but also cuts Medicaid by $880 billion and SNAP by $330 billion, impacting millions.

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theguardian.com
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Reform UK's Bitcoin Policy and Controversial Tax Cut Plan

Reform UK announced it will accept Bitcoin donations and implement significant tax cuts totaling at least £60 billion if elected, a move criticized by economists for lacking credible funding and potentially triggering a financial crisis like Liz Truss's mini-budget.

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abcnews.go.com
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Republican Representatives Face Backlash Over Controversial Legislation

Representatives Mike Flood and Ashley Hinson faced angry crowds at town halls this week over their votes for a new legislative package. The bill includes $700 billion in Medicaid cuts and provisions that could protect Trump administration officials from court orders, sparking widespread outrage amon...

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nbcnews.com
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One Big Beautiful Bill Act" Exacerbates Income Inequality

The House-passed "One Big Beautiful Bill Act" provides substantial tax cuts primarily benefiting wealthy Americans, offset by cuts to social safety net programs, resulting in income decreases for low-income households; the CBO projects a 2% income drop for the bottom 10% in 2027, contrasted with a 4...

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sueddeutsche.de
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Musk Condemns Trump's Tax Bill as "Disgusting"

Elon Musk publicly denounced Donald Trump's tax and spending bill as a "disgusting abomination," criticizing its projected increase to the national debt through tax cuts for the wealthy and cuts to social programs, despite previously donating to Trump's campaign and initially expressing only mild di...

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zeit.de
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German Corporate Tax Cuts Raise Concerns Over Public Services

Germany's coalition government plans nearly €46 billion in corporate tax cuts by 2029, including accelerated depreciation and a corporation tax reduction, but the Green Party warns of negative impacts on public services due to reduced government revenue and potential misuse of funds by corporations.

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56% Bias Score

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faz.net
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Germany Proposes €17 Billion Investment Boost with Tax Cuts

Germany's government unveiled a €17 billion investment boost package, including accelerated depreciation for assets (30 percent, July 2025-2027), a planned corporate tax cut to 10 percent by 2032, and a "super-depreciation" for electric company vehicles (75 percent).

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foxnews.com
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Audience Backlash as Hinson Defends Trump Budget Bill in Iowa Town Halls

Iowa Rep. Ashley Hinson faced significant jeering and disruptions at two town hall meetings on Wednesday while defending the Trump-backed budget bill, with audience members expressing concerns about cuts to social programs and university funding despite Hinson's counterarguments.

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theguardian.com
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Republican Tax Bill to Extend 2017 Cuts, Sparking Economic Concerns

The Republican-backed "One Big Beautiful Bill Act" seeks to permanently extend the 2017 tax cuts, projected to cost $4.6 trillion over 10 years and disproportionately benefit wealthy Americans, while offsetting costs by cutting social programs and potentially increasing consumer prices through tarif...

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cbsnews.com
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House Passes "One Big, Beautiful Bill" with Tax Cuts, Medicaid Changes, and Increased Border Security

The House narrowly passed the "one big, beautiful bill," extending the 2017 tax cuts, imposing stricter Medicaid eligibility requirements, increasing border security funding by \$62.6 billion, creating \$1,000 "Trump accounts" for children, and raising the debt ceiling by \$4 trillion.

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40% Bias Score

Reduced Inequality

Showing 13 to 24 of 165 results