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TRILLIONS – Week in Brief – March 24, 2025

House and Senate GOP Divided on Budget Reconciliation; Economic Slowdown and Higher Inflation Begin; Major Developments; Road to Autocracy; Doubling the Public Debt

Charles Steven Konigsberg's avatar
Charles Steven Konigsberg
Mar 24, 2025
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(1) 10-YEAR ENTITLEMENT & TAX CHANGES (“Budget Reconciliation”): House and Senate GOP negotiators disagree over Medicaid and taxes.
(2) ECONOMY: slowdown and higher inflation begin; Trump’s response—more tariffs.
(3) MAJOR DEVELOPMENTS: Tax records to ramp up deportations; GOP chairmen warn Trump on NATO; FTC independence in doubt; White House waffles o…

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