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Trump's policies gain traction as his pledge to exempt overtime from taxes nears federal law, while his crypto ventures spark controversy—World Liberty resolves a wallet dispute by purchasing a memecoin, and a CCP-linked buyer receives VIP treatment at a Trump crypto event.

Deficit Politics Returns in Debate Over Trump Tax Cuts

The New York TimesFriday, June 6, 2025 at 11:53:54 AM
Deficit Politics Returns in Debate Over Trump Tax Cuts
The debate over whether to extend or repeal the Trump-era tax cuts is heating up again, bringing the federal deficit back into the political spotlight. Lawmakers are clashing over the economic impact of the cuts—some argue they boosted growth, while others say they ballooned the national debt without clear benefits for most Americans.
Editor’s Note: This isn’t just another partisan tax fight—it’s a high-stakes discussion about how the U.S. pays for everything from defense to social programs. With the deficit already a ticking time bomb, the outcome could shape budgets (and your wallet) for years. Whether you care about taxes, debt, or just how the government spends money, this debate matters.
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