Center on Budget and Policy Priorities January 14, 2025
A series of high-stakes federal policy debates will take place this year as President-elect Trump and a Republican-controlled Congress seek to implement their policy agenda and address looming deadlines in areas such as the debt limit and the federal tax code. The decisions that policymakers make — possibly starting early in the year and through both legislation and executive action — could leave many millions of people much worse off while extending and increasing tax breaks for wealthy households and profitable businesses.
Proposals in recent House Republican...