The Deduction

Behind the Numbers: Budget Shenanigans and the National Debt


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What happens to your taxes when the Tax Cuts and Jobs Act expires on January 1, 2026? In this episode, we explore the potential tax hikes facing millions of Americans and the debate over measuring the budgetary impacts of extending tax cuts. 

Kyle is joined by Erica York, Senior Economist and Research Director, along with Garrett Watson, Senior Policy Analyst and Modeling Manager at the Tax Foundation. Together, they compare current policy with current law baselines and dive into how these decisions could impact future deficits, economic growth, and fiscal policy.

Links: 

https://taxfoundation.org/blog/extending-tax-cuts-budgetary-impact/

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The DeductionBy Tax Foundation

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