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The Economist
15 May 2025
United States | Elephant dung
Republicans have a plan to add trillions to the national debt
Their unwieldy bill may get even worse
|WASHINGTON, DC
MUCH 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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