https://www.taxtmi.com/news?id=45368 Proposed multitrillion-dollar tax cuts would increase federal deficits absent offsets; many provisions sunset to mask long term cost. The administration relies on higher growth and tariff revenues to reduce deficit paths, but financial markets, economists, and some senators are skeptical that growth or contested tariff authority can meaningfully stabilize rising debt and higher interest rate pressures. en-us Sun, 01 Jun 2025 19:01:04 +0530 Sun, 01 Jun 2025 19:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=45368 Proposed multitrillion-dollar tax cuts would increase federal deficits absent offsets; many provisions sunset to mask long term cost. The administration relies on higher growth and tariff revenues to reduce deficit paths, but financial markets, economists, and some senators are skeptical that growth or contested tariff authority can meaningfully stabilize rising debt and higher interest rate pressures. News - Sun, 01 Jun 2025 19:01:04 +0530 https://www.taxtmi.com/news?id=45368