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Biden planUSA Today
•83% Informative
President Joe Biden and former President Donald Trump have laid out starkly contrasting blueprints for the U.S. economy.
Trump has said he would seek to extend and expand his 2017 tax cuts.
Biden would extend some of the Trump tax cuts but not for wealthy individuals and corporations.
Trump 's plan would trigger a recession by mid-2025 and an economy that grows an average 1.3% annually .
Trump ’s sweeping tariffs would increase inflation, now at 3.3% , by nearly three-quarters of a percentage point next year and a half point in 2026 .
By 2028 , the policy would translate to 2.1 million fewer U.S. jobs and a 1.7% smaller economy.
Lower taxes would be only partly offset by the higher tariffs and so would add to the $34 trillion national debt.
Inflation would be about 0.3 percentage points higher next year than under Biden 's plan, Moody's says.
Undocumented immigrants accounted for about a third of U.S. employment gains last year .
By 2028 , there would be 1.5 million fewer jobs and the nation’s economy would be 0.8 percentage point smaller.
VR Score
87
Informative language
87
Neutral language
60
Article tone
formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
4
Affiliate links
no affiliate links