The Latest Breaking News from Marc Goldwein

Trump's $5,000 GOP-Win Dividend Could Be 'One of the Most Imprudent Uses' of $1.3tn, Economist Says

Donald Trump has promised a $5,000 payment to adult Americans if Republicans retain Congress in 2026, but economists and lawmakers question its cost, legality and inflationary risks.

International Business Times UK · Sep 10

Trump promised every American adult $5,000 if the GOP holds Congress. It’d likely cost more than $1 trillion: ‘Trump Dividend’

JD Vance later narrowed the promise.

We Got This Covered · Sep 10

Newsom Calls Trump's $5K Promise 'Taxpayer-Funded Blood Money' and Accuses Him of Trying to Buy Votes

Trump's $5,000 payment proposal raises questions about funding and legality, with critics like California Governor Gavin Newsom labelling it as a vote-buying tactic ahead of the midterm elections.

International Business Times UK · Sep 10

Checking the math on White House, GOP claims about ‘Big Beautiful Bill’ - Roll Call

Republicans say the 'big beautiful bill' will reduce the deficit, but economists say making the tax cuts permanent will do the opposite.

Roll Call · May 30, 2025

Trump’s policies could drain Social Security in just six years, report warns

Retirement program might be forced to cut checks as early as 2031 under Trump’s proposed agenda

The Independent UK · Oct 21, 2024

The next president's $4 trillion problem

Republicans' tax cuts and Democrats' enhanced ACA subsidies both expire in 2025.

Axios · Jun 26, 2023

Debt limit deal is in place, but budget deficit is still a multi-decade challenge for US government

Even with new spending restraints included in the congressional debt limit deal, the U.S. government’s deficits are still on course to keep climbing to record levels over the next few decades

The Independent UK · May 30, 2023

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.

WEKU · Aug 28, 2022

Hot Take: Will Biden's Student Loan Forgiveness Drive Inflation Higher?

Student loan forgiveness has become a reality for the roughly 48 million Americans currently in debt. President Joe Biden said in a speech on Wednesday the student loan payment moratorium would be continued for one final time through Dec. 31.

Benzinga · Aug 25, 2022

Student loan crisis awaits new generation despite Biden plan

President Joe Biden’s student loan cancellation offers a life-changing financial break for millions of Americans

The Independent UK · Aug 25, 2022