The viewpoint on this issue is that Trump actually has proposals regarding fiscal spending:
Increased Defense Spending: Trump advocates for expanding the military and raising the defense budget to ensure America's global military superiority. This will directly increase federal government spending.
Infrastructure Investment: Trump proposed a large-scale infrastructure construction plan aimed at improving key areas such as domestic transportation and energy facilities.
Immigration Policy Enforcement: Trump plans to strengthen border security and immigration enforcement, including building a border wall and increasing law enforcement personnel. This will directly increase federal government spending, typically requiring significant federal funding.
Tax Policy Adjustments: Trump plans to make the 2017 Tax Cuts and Jobs Act permanent, continuing to lower individual and corporate tax rates. Additionally, he proposed exempting tips and Social Security benefits from taxation. These measures could lead to a decrease in federal revenue, thereby increasing the fiscal deficit.
According to current statistics, although Trump has also proposed plans to cut unnecessary federal government spending, the above policies could lead to an increase in the U.S. federal fiscal deficit of about $7.5 trillion over the next decade.
However, a friend @YH62284741 believes that after Trump's election, he will support Musk more and extensively utilize SpaceX, which could save money for U.S. aviation, but other measures will still increase fiscal pressure.
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