Tag: medicare
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Economists Criticize ‘No Tax on Tips’ Policy Proposed by Trump and Harris, Highlight Potential Economic Pitfalls
The video discusses the proposals by former President Donald Trump and Vice President Kamala Harris to eliminate taxes on tips for service and hospitality workers, a policy that has garnered attention due to its potential implications on the economy, the federal budget, and the labor market. Economists and policy experts argue that such a tax…
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Exploring the Potential Economic Impact of the U.S. Hitting the Debt Ceiling
As the United States approaches the deadline for raising the debt ceiling, the consequences of defaulting on the national debt are examined. The video elucidates the critical role of Treasury bonds in the global financial system and the potential repercussions on financial markets, interest rates, and the economy if the debt ceiling is not raised.…