The 'Christmas in September' budget resolution that the Trump administration is planning will involve large tax cuts and spending increases disguised as normal budgetary process; if this occurs during a recession, some of it might be defensible as stimulus, but sooner or later the country needs to address its unsustainable fiscal trajectory.
factualpending
Speaker
Neil HoweEvidence Quote
“Christmas in September...Huge tax cuts and a lot of spending increases...we need to get off of this course we're on when it comes to national savings. It it will kill us.”
Source
Neil Howe: The Fourth Turning Is Now Raging...And It's Gone Global— Adam Taggart | Thoughtful Money®Created: 8/11/2026, 6:39:43 AM
My Notes
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