ofjust under 20% of GDPon average--and even that will be a hugely difficult feat. Looking at the experience of other countries that have successfully lowered their deficits, the Tax Foundation says a "rough guideline" should be to aim for "60 percent ...
Reminder: Under Trump the reserve requirement for banks was lowered to ZERO. Trump wanted the Fed to impose NEGATIVE interest rates. Trump was on pace to add nearly TWICE the debt that Obama did. Under Trump FASAB-56 (taking the govt. accounting books “dark”) was implemented. How do you...
Enabled vast majority of American families will be able to file their taxes on a single page by claiming the standard deduction. Doubled the child tax credit to help lessen the financial burden of raising a family. Lowered America’s corporate tax rate from the highest in the developed world...
Today, December 19, 2021, Senator Joe Manchin (D., W.Va.) said that he opposes the Build Back Better Act, which effectively prevents its passage. While there are no immediate prospects for the Build Back Better Act to become law, future tax acts tend to draw up...
Aging Well-Medicare Ozempic, Wegovy among 15 drugs selected for next round of Medicare price negotiations BYThe Associated Press January 17, 2025 1 hour ago Tech-Elon Musk Elon Musk’s gaming scandal deepens as X owner attempts to silence streamer Asmongold for blowing the whistle ...
WE HAVE LOWERED OUR BUSINESS TAX FOR ONE OF THE HIGHEST IN THE WORLD TO ONE OF THE MOST COMPETITIVE. NEARLY $1 TRILLION HAVE RETURNED TO OUR SHORES, $1 TRILLION, PART OF WHAT WE DID. WE DOUBLED THE CHILD TAX CREDIT. [APPLAUSE] THANK YOU TO A NUMBER OF PEOPLE FOR THAT, BUT ...
without enough young people to offset it. This additionally means that the number of recipients of Social Security and Medicare is about to rise, while the number of taxpayers is not rising, exacerbating point 3) above. While this effect does not manifest all at the same time, it is a for...
Expected to be part of the president’s proposed agenda: expanding the provisions cutting prices for insulin and other drugs, which were enacted for Medicare enrollees last year as part of theInflation Reduction Act, and further strengthening the Affordable Care Act by making permanent theenhanced ...
Combining these estimates with mortality data from over 60 million Medicare recipients from 2000 to 2012, they found that when the amount of fine particles in the air rose by 10 micrograms per cubic meter, there was also a 7.3% rise in people's risk of dying during the study. It's not...