Part 2/10:
In this fresh term, Republicans are eager to make swift decisions, particularly regarding tax cuts. The urgency arises from the looming expiration of Trump’s 2017 tax bill at the end of 2025. Without renewal, there could be significant tax hikes that could jeopardize the economy, particularly heading into the midterm elections of 2026. The implications are particularly dire considering that a majority of Senate seats up for grabs are currently held by Republicans, putting them at risk if economic stagnation occurs.