Trump Tax Cut Has Created Long-Term Fiscal Problem, Ex-Treasury Sec. Lew Says

Trump Tax Cut Has Created Long-Term Fiscal Problem, Ex-Treasury Sec. Lew Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the recent debt ceiling agreement, highlighting its importance in preventing a government shutdown and crediting Speaker Pelosi for her role. It critiques the tax cuts for increasing the deficit without boosting investment and highlights the need for fiscal sustainability. The discussion also touches on future economic plans, emphasizing the importance of paying for new initiatives and the challenges of addressing the tax cut's impact.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe the tax cut has increased inequality?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What alternative approaches to tax reform does the speaker suggest?

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