The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.
President Donald Trump did a flurry of TV interviews and held a campaign-style rally to mark his first 100 days, and he left a trail of false, misleading and sometimes puzzling statements in his wake.
As a candidate, Donald Trump issued a “100-day action plan to Make America Great Again.” He has kept some of those promises, broken a few, and many are still a work in progress.
On the morning of the special House election in Georgia, President Trump fired off two tweets that were critical of Democratic candidate Jon Ossoff. Trump claimed Ossoff “will raise your taxes,” but we could find no evidence of Ossoff proposing any broad-based tax increases.
Donald Trump misleadingly touts tax cuts of 30 percent for “working people” or 35 percent for “a middle-class family with two children,” adding that Hillary Clinton “wants to raise your taxes up to the sky.” That distorts both Trump’s and Clinton’s plans.
In the final presidential debate, Hillary Clinton claimed that her proposals would “not add a penny to the debt.” But a nonpartisan budget watchdog group estimates that what she has detailed thus far would add $200 billion to the debt over 10 years.