Trumpanomics?: Understanding the Emerging Fiscal Policy of the Republican Party
The Republican Congress and President Donald Trump have fitfully forged a new direction for American fiscal policy. Republicans made a big bet that lowering corporate taxes will grow the economy and raise tax revenues. President Trump recently signed into law a $1.3 trillion federal omnibus spending bill that abandons Republican fiscal restraint in favor of increased deficit spending. President Trump has also recently begun to use tariffs to reshape U.S. trade policy, spooking markets and unnerving America’s trade partners. What do these actions on the budget, taxes, spending, deficits, and tariffs add up to?
Join members of CMC’s economics department for a panel discussion of the fiscal policy the Trump administration, moderated by Dreier Roundtable co-director Eric Helland.