The Senate is hiding this downside of tax cuts. But Americans will feel it.

Tax cuts without substantial spending reductions will stoke inflation.
Read more at MarketWatch
Save Story

Topics in this Story

Related Stories

How the IRS layoffs could affect audits and refunds during tax filing season

CNBC · 1d
Senate GOP divided over House demands for spending cuts

Senate GOP divided over House demands for spending cuts

The Hill · 1d

Americans are spending their tax refunds differently this year — and it says a lot about this economic moment

MarketWatch · 5h
Hegseth announces $5.1B in Defense Department spending cuts

Hegseth announces $5.1B in Defense Department spending cuts

The Hill · 1d
GOP pollster finds support for Trump tax proposals in most key Senate battlegrounds

GOP pollster finds support for Trump tax proposals in most key Senate battlegrounds

The Hill · 1d
4 Senate Republicans warn against ‘full-scale’ repeal of energy tax credits

4 Senate Republicans warn against ‘full-scale’ repeal of energy tax credits

The Hill · 1d
Spaced Out: Spending Cuts Could Hurt Startups

Spaced Out: Spending Cuts Could Hurt Startups

Inc. · 1d

The IRS is pulling back on some audits — but not everyone can breathe a sigh of relief

MarketWatch · 7h

Trump assures GOP budget holdouts on spending cuts

Politico · 4d

More from MarketWatch

How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs

MarketWatch · 43m

Why does Trump love those ‘beautiful’ tariffs? It didn’t start with China.

MarketWatch · 2h

My cousin died before receiving our uncle’s $2M inheritance. Will the rest of the family receive this money instead?

MarketWatch · 3h

‘I’ve made the most money over the last 30 years buying solid companies in terrible markets’: Should I start buying?

MarketWatch · 3h

The Easter bunny is coming — and that’s bad news for already record-high egg prices

MarketWatch · 3h

More in Business

How the ‘trade of the year’ in the bond market became a nightmare for investors after Trump’s tariffs

MarketWatch · 43m
Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics

Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics

The New York Times · 1h
Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics

Trump Adds Tariff Exemptions for Smartphones, Computers and Other Electronics

The New York Times · 1h
British Steel nationalisation is ‘likely option’, says business secretary

British Steel nationalisation is ‘likely option’, says business secretary

Financial Times · 2h
Trump exempts smartphones from ‘reciprocal’ tariffs after market rout

Trump exempts smartphones from ‘reciprocal’ tariffs after market rout

Financial Times · 2h