For the price of Trump’s tax cuts, you could cut child poverty in half — and so much more
“Donald Trump has a plan to cut taxes by about $5.5 trillion over 10 years. That’s a gargantuan sum of money — much larger than the Obama administration’s fiscal stimulus program and bigger than George W. Bush’s tax cuts. It’s such a big sum of money that it’s hard to get your mind around it. But one useful way to put the $5.5 trillion tax cut into perspective is to observe that it’s equal to the combined cost of a whole bunch of separate pie-in-the-sky proposals.”