Extending the 2017 Trump tax cuts would boost the national debt by almost 50% when measured as a percentage of GDP and increase the deficit by around $4 trillion, according to a new Congressional Budget Office analysis.
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March 21, 2025
CBO: Extending Trump tax cuts would boost deficit, debt
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Neal on Democrats’ position in the tax fight
Rep. Richie Neal has a vision for how Democrats win the messaging fight over taxes: Stay focused on the debate even amid the Trump administration’s barrage of news.
Finance Republicans to meet with Trump on tax
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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.
Presented by Cencora
From accelerating innovation to powering the pharmaceutical supply chain, we reduce barriers to expand access to medications for millions of Americans at sites of care in their communities. Learn more