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Republicans have a plan to add trillions to the national debt

Republicans have a plan to add trillions to the national debt

Economist15-05-2025
United States | Elephant dung Photograph: Haiyun Jiang/The New York Times/Redux/Eyevine May 13th 2025 | WASHINGTON, DC
M UCH AS he may wish to, Donald Trump cannot govern through imperial decree alone. Congress is drafting legislation to remake the tax system and alter federal spending—something only it can do. On May 12th Republicans unveiled their new plan. Unfortunately it is a mess.
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