Elon Musk says Trump administration can reduce $1 trillion out of the US deficit subsequent 12 months

One factor is for positive it’s that tariffs aren’t the answer. In Trump’s first time period, the US commerce and federal deficits grew regardless of his tariff measures. Contemplating Trump’s agenda, the one choices are large spending cuts or tax cuts to bolster the financial system. The previous goes to be politically unattainable and with the latter, it must result in some insanely unbelievable ranges of progress to actually carry down the deficit by $1 trillion.

This text was written by Justin Low at www.ubaidahsan.com.



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