Donald Trump is promising to implement policies if elected president in November that would benefit voters’ pocketbooks, while offering few details on how he plans to pay for them — a series of campaign promises that run counter to the Republican Party’s long-held orthodoxy of fiscal prudence and cutting government spending.
Last week, Trump announced that the government would fund the costs of fertility treatments like in vitro fertilization, which can run into the tens of thousands of dollars per cycle, if he were to become president again. He also proposed eliminating taxes on workers’ tips and Social Security benefits, which nonpartisan analysts say would add hundreds of billions of dollars to the deficit. His campaign has not said how he plans to pay for these ideas.
Combined with his plans to extend key portions of his 2017 tax cuts and cut corporate taxes even further, Trump’s policy plan would add nearly $6 trillion to the deficit over 10 years, according to a Penn Wharton budget model. analysis.
Trump’s plans amount to distributing what Mitt Romney, now a senator from Utah, lost to former President Barack Obama in the 2012 presidential race, once decried as “gifts“Trump’s rhetoric shows how he has transformed the party, which at least touted fiscal responsibility — even though the national debt is actually has skyrocketed under the last two Republican administrations — to a system in which the presidential candidate is free to do whatever it takes to win.
Trump’s ambitious campaign promises are nothing new. During his 2016 campaign, He pledged to build hundreds of miles of wall on the southern border of the United States if elected, and to make Mexico pay for it. Mexico did not pay; the U.S. government picked up the tab for whatever sections of border barrier it was able to build. promised to repeal and replace the Affordable Care Act with a “much better” health care program. This measure was never implemented.
What’s remarkable about Trump’s second run for the White House is that he focused on appealing to two groups of voters that are crucial to Democrats: women skeptical of his position on abortion rights and working-class black and Latino voters. Vice President Kamala Harris, for example, quickly endorsed eliminating the tip tax last month, shortly after Trump did so, a testament to the idea’s popularity with union workers in Nevada and other states.
“Trump doesn’t have a strong policymaking foundation that’s been developed over many years of working with conservative leaders,” Kevin Madden, a Republican strategist who served as an adviser to Romney’s 2012 presidential campaign, told HuffPost on Wednesday. “He’s transactional, he approaches his audience the same way any real estate professional or salesman would…
Discover more from The Times Of Update
Subscribe to get the latest posts sent to your email.