How many of Trump’s promises are worth keeping?
After his presidency ended, President Trump’s administration has continued to roll out his agenda.
The president has proposed slashing funding for key agencies, including the Environmental Protection Agency, the Department of Housing and Urban Development, the Consumer Financial Protection Bureau, and the Department for Veterans Affairs.
He also recently sent an executive order that directs the Department to begin “reviewing” the country’s nuclear arsenal.
In response, lawmakers have been busy fighting back, threatening to cut the funding in exchange for the repeal of his signature health care law.
But the president has a new plan to help protect his signature achievements: lowering taxes.
The Trump administration has also announced a $50 billion cut to corporate tax rates, a $1.2 trillion cut to health care costs, and a $5 trillion increase in military spending.
The White House has also proposed a $20 billion tax cut for high-income households.
The cuts are part of the president’s plan to reduce the nation’s $19 trillion debt, which Trump said would “rebuild our military, rebuild our economy, and rebuild our country.”
The White White House says that the tax cut is the first major step in cutting the debt in the next few years, but Trump has not yet provided details about how much of the plan is revenue-neutral.
The tax plan also includes an $800 billion increase in the federal minimum wage.
In addition, the White House wants to boost the number of jobs created, and boost the federal retirement system.