Free the Economy podcast: Tax and budget showdown 2025 with Erica York

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In this week’s episode we cover new climate disclosure rules for public companies, the case against price controls on credit card networks, and why tariffs can’t pay for tax cuts. Our interview is with Erica York, senior economist at the Tax Foundation. We talk about the big fight over tax cuts and the federal budget brewing in the new 119th Congress. We ask: Will the temporary provisions of the Tax Cuts and Jobs Act be extended? What about eliminating taxes on tips and Social Security income? Will Republican tax cut plans expand the deficit? And can Elon Musk really cut $2 trillion from the federal budget in one year?

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Join us next week when our guest will be Mark Calabria, senior advisor to the Cato Institute.