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Trump’s Big Budget Bomb

The Ezra Klein Show

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The Impacts of Proposed Budget Cuts

This chapter critically examines a proposed budget bill that could drive $5 trillion in debt, primarily affecting lower-income households through tax cuts for the wealthy and cuts to essential safety net programs. The discussion highlights the moral and practical implications of this shift, including the risk of millions losing health insurance and the potential for a fiscal crisis. The chapter also explores the interplay of current economic policies, rising interest rates, and the long-term sustainability of national debt amidst ongoing fiscal challenges.

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