President Donald Trump’s promises of making America great again and bringing back jobs are coming true as the economy grows and millions of Americans have jobs.
But many Americans still fear that their hard-won gains are at risk under his presidency.
| AP file | 2/28/18Trump’s campaign pledges: ‘Keep America Great’Trump and his advisers are working to sell the American Dream, but some of the promises that propelled his campaign to power have become increasingly hollow.
Here are some of Trump’s signature economic initiatives: On January 25, Trump signed a sweeping new federal budget and spending plan that is expected to add $1.5 trillion to the national debt and the country’s debt.
The $1 trillion boost will be paid for by ending tax breaks for companies that move overseas.
The plan would eliminate the tax deduction for state and local taxes.
It would also slash the corporate tax rate to 25 percent from 35 percent.
It also would slash the estate tax rate and repeal the Alternative Minimum Tax.
Trump also called for eliminating the estate and gift tax and cutting taxes for those making more than $10 million.
The plan also includes a repeal of the Alternative minimum tax, which requires those earning more than the minimum wage to pay income taxes on the money they receive.
On the campaign trail, Trump touted his plan to make the U.S. a “beautiful country” and promised that his tax cuts would lead to “massive tax increases on the rich.”
But in recent weeks, he has repeatedly pledged to lower taxes for the middle class and lower taxes on high-income earners, saying that it is “the greatest gift to the middle-class.”
In his first 100 days in office, Trump has already signed more than 1,600 executive orders.
Despite Trump’s repeated promises of cutting taxes and cutting spending, Americans are still worried about their finances.
A Reuters/Ipsos poll released on Tuesday found that a whopping 86 percent of Americans are worried about the federal deficit, which is the difference between what the government collects in taxes and what it spends.
And the most worrisome sign for the economy came on February 1, when the Office of Management and Budget estimated that the U-2 spy plane was flying over U.A.E. airspace, making it impossible to predict how long it will be operating in the area.
“I’m really concerned about the U2s.
If I have a U2 in my backyard, it would be very easy to be hit by a car,” said one man, who asked that his name not be used.”
I’d rather have it in the UAVs,” he said.
It is also unclear what impact Trump’s tax cuts will have on businesses.
Some experts estimate that the cuts will lead to layoffs, but the Trump administration says that most businesses will still benefit from the tax cuts.
Trump’s economic plan is also set to cost $100 billion more than previous estimates.
The White House estimates that the plan will cost the government $5.2 trillion over the next decade.
But that includes $300 billion in additional cuts to existing programs, $400 billion in new tax cuts and $100 million in new programs.
Even though Trump has promised to raise taxes on those making $1 million a year or more, some experts are worried that the president will not be able to balance the budget.
The president has said that he would not be raising taxes on middle-income Americans and that he will instead “rebalance” the tax code by increasing the tax rates for the wealthy.
In addition to cutting taxes, Trump is also likely to cut $3.8 trillion in spending, according to a new report from the Center on Budget and Policy Priorities.
That would result in a $1,600 tax cut for households making $500,000 to $1 billion a year.
In a report released Tuesday, the CBP estimated that Trump’s spending cuts would cut the national economy by $1 percent, or about $500 billion over the course of his first year in office.
Trump also has promised that he has the power to unilaterally reduce Social Security benefits, which would lead the program to be insolvent by 2021.
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