Politico: “The Congressional Budget Office’s new economic estimates released Friday predict that over the next three years, policies implemented this year by Trump and the Republican-led Congress will have little effect on growth before the 2028 election.”
“That’s because Trump’s tariff policies and crackdown on immigration are estimated to cool the economy this year, more than outweighing any growth spurred by the tax and spending package Republicans turned into law this summer.”
Bloomberg: “The report also shows unemployment peaking at a higher rate of 4.5% at the end of this year.”
