US Congress is discussing a package of tax cuts for businesses and citizens

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Members of Congress may agree on a package of measures to boost the U.S. economy this year through additional tax cuts totaling $70 billion for businesses and households. Bloomberg.

The publication notes that the American economy is bracing for a new flood if regulators back a deal worth $70 billion in tax cuts to support businesses and families.

The publication highlights that the Capitol is currently discussing extending the expiring program through 2025. Its main mission is to stimulate consumer spending in the United States. The publication notes that the benefits could increase inflationary pressure on the country’s economy, which is experiencing a “soft landing” after avoiding a recession in 2023.

Before this, it was known that hostilities between Israel and the Palestinian Hamas movement were escalating. threatens It will turn into a regional conflict and cause $2 trillion in damage to the fragile global economy.

Previously Mishustin in the name Avoid excessive optimism.

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