Trump Promises to Reduce Federal Income Tax to 12%. Here’s the Budget Shortfall

The claim that Trump is "reducing federal income tax to 12%" oversimplifies a more complex and consequential set of tax policies.

The claim that Trump is "reducing federal income tax to 12%" oversimplifies a more complex and consequential set of tax policies.

President Trump has claimed that household energy bills have doubled under his administration, but the verified data tells a more complex story.

President Trump has the authority to repeal federal climate emissions caps through his appointed EPA Administrator Lee Zeldin, who on February 12, 2026,...

Trump has promised to eliminate federal estate taxes entirely, a policy that would represent a dramatic shift from current law.

The antitrust data tells a complicated story that doesn't fully support Trump's price-fixing claims.

Congress eliminated $1.1 billion in federal funding allocated to the Corporation for Public Broadcasting (CPB), which administers federal support to...

Trump's administration has eliminated the federal EV tax credit that previously offered up to $7,500 for new electric vehicle purchases and $4,000 for...

When President Trump claims border encounters have reached their "highest ever recorded," the data tells a starkly different story.

The Trump administration is systematically removing federal oversight from banks through several coordinated actions that fundamentally reshape how the...

Despite the headline, Trump's 2027 budget proposal does not cut federal defense spending—it dramatically increases it. The administration is requesting $1.