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In rejecting the jobs report, Trump follows his own playbook of discrediting unfavorable data
Read full article: In rejecting the jobs report, Trump follows his own playbook of discrediting unfavorable dataPresident Donald Trump has a pattern of dismissing or altering data that reflects poorly on him.
Can Trump fix the national debt? Republican senators, many investors and even Elon Musk have doubts
Read full article: Can Trump fix the national debt? Republican senators, many investors and even Elon Musk have doubtsPresident Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package.
Could Trump really return DOGE savings to taxpayers?
Read full article: Could Trump really return DOGE savings to taxpayers?An idea first proposed on social media has bubbled up to the White House and received President Donald Trump’s enthusiastic endorsement: Take some of the savings from billionaire Elon Musk’s drive to cut government spending and return it to taxpayers.
Biden's burdens grow: Sagging global economy adds to US woes
Read full article: Biden's burdens grow: Sagging global economy adds to US woesPresident Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a global economic slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories.
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Biden's test: Engineering economic boom in a partisan divide
Read full article: Biden's test: Engineering economic boom in a partisan divide(AP Photo/Andrew Harnik)BALTIMORE – When Joe Biden entered the White House as vice president, the economy was cratering. Biden returns to the White House as president a dozen years later with the economy battered and shaken by a pandemic. The investment bank Goldman Sachs estimates that growth this year could be 6.6% if part of Biden's stimulus plan passes. That would be the strongest gain since 1984, when a 7.2% increase in the gross domestic product helped carry Republican President Ronald Reagan to a second term in a landslide. For now, the Biden team is hoping to push through its stimulus with Republican support in the Senate.