2025 5-15 Matters of Democracy Biden, Trade, Deficit spending continues
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2025 5-15 Matters of Democracy Biden, Trade, Deficit spending continues
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A major development is the announcement of former President Joe Biden's diagnosis with an "aggressive" form of prostate cancer that has metastasized to his bones.
assessment of the outcome of Donald Trump's trade war with China, particularly his recent "trade deal."
proposed Republican tax and spending bill, highlighting concerns about its impact on the national debt and the divisions within the Republican party regarding its provisions.
The most significant finding is that the plan is projected to increase federal budget deficits. The source quotes the Wall Street Journal article: "The current proposal would increase projected budget deficits by nearly $3 trillion through 2034, locking in tax cuts and spending increases that outweigh reductions in spending on Medicaid and nutrition assistance."