DeSantis says Trump told him while golfing that inflation wasn’t really the No. 1 issue that got him elected - ‘The number one reason why he got elected, he said, was because of the immigration and the border issue,
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, beef up the U.S. military to face down a rising China and to remake world trade through tariffs and combative negotiation.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Many U.S. adults are skeptical about President-elect Donald Trump's ability to bring down costs. An Associated Press-NORC Center for Public Affairs Research poll shows only about 2 in 10 Americans are
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
Trump’s economic policies—such as tax cuts, deregulation, and restrictions on immigration—could drive inflation higher in the short term.
NBC News spoke to 18 Trump backers who didn't vote for him in 2020. They are largely hopeful about the next administration, though some are skeptical he can fulfill his promises.
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. — President-elect Donald Trump has proposed trillions of dollars of tax cuts for individuals and businesses. In some states, governors and lawmakers are seeking to cut millions more.