"3-3-3 Agenda Cuts"

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Trump Treasury Pick's Economic Plan Would 'Require Massive Cuts to Anti-Poverty Programs': Analysis | Common Dreams

Summary

Nutrition label

75% Informative

Scott Bessent's 3-3-3 agenda "requires brutal cuts to health and nutrition and higher costs for families at the grocery store," said analysts at the Center for American Progress .

Critics say the Treasury nominee's agenda would require new taxes on imported goods and "massive cuts to anti-poverty programs" The Washington Post columnist writes that "the magnitude of cuts required" is "breathtaking".

A memo circulated by Democrats stated that Bessent argued that as a "limited partner" in his fund, he was not liable for taxes on certain income.

Republicans in Congress are scrambling to give Trump broad new powers to strip the tax-exempt status of any nonprofit he doesn’t like by declaring it a “terrorist-supporting organization”.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

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not offensive

Hate speech

not hateful