Americans will face a “crushing” $4 trillion tax increase, the largest in history, if Congress doesn’t back Donald Trump’s economic agenda, and ensure the dollar remains the world’s reserve currency, Treasury Secretary nominee Scott Bessent will tell the Senate at his confirmation hearing Thursday morning. “Today, I believe that President Trump has a generational opportunity…
US will face ‘crushing’ $4T tax increase if Congress doesn’t back Trump’s economic agenda: Treasury sec nominee Scott Bessent
Politics
January 16, 2025
ultocalanissan@gmail.com
Related Posts
Federal judge in Baltimore temporarily limits DOGE access to Social Security data
A federal judge on Thursday imposed new restrictions on billionaire Elon Musk’s Department of Government Efficiency, limiting its access to Social Security systems that hold personal data on millions...
Hochul will raise NY’s taxes after the election — just like with congestion pricing: GOP
Gov. Kathy Hochul will pull another switcheroo and raise taxes after the November elections -- like she did when imposing congestion pricing after the 2024 campaigns, Republican elected officials...
Texas man charged in Florida over death threats against four Jewish conservatives
Nicholas Ray of Spring, Texas, was hit with 12 state charges after he threatened to hang Laura Loomer "from the capitol." Nicholas Ray of Spring, Texas, was hit with...
President Trump puts $1B price tag on permanent Gaza peace board seats
"The three-year membership term shall not apply to Member States that contribute more than USD $1,000,000,000 in cash funds to the Board of Peace within the first year of...
Nithya Raman is a ‘recipe for disaster and danger’ who wants to eliminate cops and empty jails
The prediction market Kalshi has immediately put HER odds of winning as high as 34% on Saturday. The prediction market Kalshi has immediately put HER odds of winning as...
Speaker Johnson scraps vote on budget blueprint for Trump’s agenda just day after prez urged lawmakers to ‘stop grandstanding’
Speaker Mike Johnson (R-La.) huddled with hardliners for about an hour before deciding that the GOP would have to punt the vote by at least one day so lawmakers...
Former NY Rep. Nita Lowey dead at 87, pol served 30 years in House
Former longtime New York Rep. Nita Lowey, who served in Congress for 32 years and became the first woman to chair the House Appropriations Committee, died at 87, her...
Rabbi group to unleash massive Times Square ad campaign condemning ‘Free Palestine’ movement
A group representing more than 2,500 Orthodox rabbis nationwide will be unleashing a massive billboard in the bright lights of Times Square attacking the anti-Israel “Free Palestine” movement, The...
White House yanks Trump pick Dave Weldon for CDC director
The White House has withdrawn the nomination of vaccine skeptic and former Republican Congressman Dave Weldon to lead the Centers for Disease Control and Prevention (CDC), hours before he...
Schools hiding gender transitions from parents would lose federal funds under House-passed bill
The House passed legislation Wednesday mandating elementary and middle schools obtain explicit approval from parents before implementing changes to their children's pronouns or making other sex-based accommodations. The House...