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| Here is 2 screengrabs from The Economist. One shows debt as percent of GDP which basically shows debt is forecast to exceed GDP growth. The other chart shows the change in household income starting in 2027. I believe the reason for 2027 starting point is the spending cuts are delayed but the tax cuts continue as current versus reverting to pre 2017 levels. Also, the chart shows the percent change not an actual dollar value. The first quintile (bottom 20%) could see a loss of $1260. The very rich (top 0.1%) could see a gain of $90,000. Sources are shown in the charts and believe more information could be found if you google those sources.
(Screenshot from 2025-07-06 15-41-59 (full).png)
(Screenshot from 2025-07-06 15-38-27 (full).png)
Attachments ----------------
Screenshot from 2025-07-06 15-41-59 (full).png (53KB - 6 downloads)
Screenshot from 2025-07-06 15-38-27 (full).png (83KB - 6 downloads)
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