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@ Layer3.news
2025-02-25 02:42:26
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BREITBART BUSINESS DIGEST: THE CLOCK IS TICKING ON THE TRUMP TAX CUTS—AND THE ECONOMY KNOWS IT
https://media.breitbart.com/media/2025/02/nyse-trump-getty-640x335.png
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✍️ Treasury Secretary Scott Bessent is set to meet with congressional Republicans to shape a tax cut package, as uncertainty around tax policy is already having an economic impact.
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👉 Treasury Secretary Scott Bessent to meet with congressional Republicans to shape a tax cut package
👉 Uncertainty around tax policy is already having an economic impact
👉 Renewing provisions from the 2017 Tax Cuts and Jobs Act and advancing President Trump's proposed additional tax relief measures is crucial for the economy
👉 The failure to prioritize tax cuts has already unsettled Wall Street
👉 The stock market dropped 1,300 points and economic indicators show signs of softening
👉 Allowing tax cuts to expire could result in a $4.6 trillion tax increase over the next decade
👉 Reducing GDP growth by 1.5 percent per year
👉 Affecting millions of Americans
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#ScottBessent #LarryKudlow #DonaldTrump #politics
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