HISTORICAL FACTS: 8 | History Defined

Nigel Farage accused of ‘fantasy promises’ with expensive policy pledges

Reform UK leader unveils plans to reverse benefit cuts and bring in tax breaks without explaining how they would be funded

The Guardian - UK · May 27, 2025

Farage’s pledges to slash taxes don’t add up, top economists warn

Nigel Farage has pledged billions of pounds of tax cuts and painted Reform UK as the true ‘party of workers’

The Independent UK · May 27, 2025

Trump is going to get 'punched in the face' by markets if he pushes through spending bill without a plan for national debt and tariffs, says Wharton professor

Republicans argue that growth is the best way to rebalance America’s books, but economists fear that tax cuts may be the final nail in the coffin for national debt.

Fortune · May 27, 2025

‘We need grown up conversations’: Adam Kinzinger cuts through MAGA spin to clarify ‘Big Beautiful Bill’ offers no tax cuts whatsoever

The lone wolf howls again.

We Got This Covered · May 22, 2025

Trump’s ‘big, beautiful’ spending bill, from tax cuts to mass deportations

All the key points laid out in the US president’s House-approved sweeping bill as it awaits Senate consideration

The Guardian - US · May 22, 2025

‘Debt bomb ticking’: Thomas Massie rebrands Trump’s ‘big beautiful bill’ in Senate speech

It's Trump vs. Massie, round 7,384.

We Got This Covered · May 22, 2025

‘Pro-worker priorities’? Trump’s budget bill offers the exact opposite

The ‘big, beautiful’ measure going through Congress would cut health, food and education benefits – and offer a huge boost to the richest

The Guardian - US · May 22, 2025

Asian Equities Track Wall St Sell-off As US Deficit Fears Grow

Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit.

International Business Times · May 22, 2025

$12 billion added to congressional spending bill to reimburse states like Texas for border spending

The U.S. House approved the budget reconciliation bill, which also includes preservation of 2017 tax cuts and changes to Medicaid and SNAP.

The Texas Tribune · May 22, 2025

NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth

Not a lot is known about the government’s plans for taxes in the 2025 budget. Few tax policies have been announced so far, and what has been revealed involves targeted tax cuts for business interests.

The Conversation · May 21, 2025