Trump megabill and economic agenda would spur growth and reduce national debt, according to White House report | CNN Business

CNN  — 

President Donald Trump’s megabill and his overall economic agenda would increase economic growth, spur job creation, boost wages and lower the national debt, according to an updated report released Wednesday by the White House Council of Economic Advisers.

The analysis includes measures beyond just the tax provisions in the “Big, Beautiful Bill,” which the Senate hopes to vote on this week. It takes into account the president’s deregulatory and energy agendas, tariff revenue, cuts in discretionary spending included in Trump’s budget blueprint and interest savings from lower debt. It does not factor in

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Trump may name a ‘shadow’ Fed chair, an unprecedented development in American history | CNN Business

Washington CNN  —  President Donald Trump said last week that he will announce his pick to succeed Federal Reserve...

US, China formalize deal on rare earth shipments | CNN Business

Hong Kong CNN  —  China on Friday signaled it would approve the export of rare earth minerals to the...

You might not have Bezos-level bucks, but you still might want a prenup | CNN Business

CNN  —  Jeff Bezos and Lauren Sanchez may or may not have chosen to sign a prenuptial agreement...