This is a news story, published by MSN, that relates primarily to Mnuchin news.
For more Mnuchin news, you can click here:
more Mnuchin newsFor more inflation news, you can click here:
more inflation newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
Trump tax cuts. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest new tax cuts news, business tax cuts news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
more business tax cutsCNBC
•
84% Informative
Tax experts are not as confident as Mnuchin that it won't be a slog, even in a GOP sweep scenario, to deliver on the tax cuts promised to both voters and businesses.
Any GOP majority will still be a relatively narrow one, complicating the path of tax policy, government funding and the debt ceiling debate.
PwC: This is a "must-pass year" for the expiring 2017 tax cuts and Job Act policies.
Failure to act would result in "across-the-board tax increases on virtually every individual taxpayer" The Trump administration and GOP members on the Hill are expected to move relatively quickly, and use the reconciliation process to enact tax policy.
The first detailed look at which campaign proposals are being pursued will come in a budget proposal that the new president sends to Capitol Hill .
The current national debt total is nearly $36 trillion and there is the potential for close to $5 trillion added to the deficit over a decade in the cost of a renewed 2017 tax plan.
VR Score
86
Informative language
84
Neutral language
62
Article tone
semi-formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
26
Source diversity
10
Affiliate links
no affiliate links