On the recordMarch 21, 2023
the Trump tax cuts added hugely to the deficit.
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congress.govthe Trump tax cuts added hugely to the deficit.
Yellen discusses the impact of Trump tax cuts on the current deficit.
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the Biden Administration has generally taken the view that it is up to Congress to decide what to do about that.
President Biden proposed a full-blown budget that contains substantial deficit reduction, $3 trillion over 10 years.