Goldman said tariffs could overshadow and boost to the economy provided by Republicans' sweeping fiscal package, which includes big tax and spending cuts.

Kevin Hassett anticipates strong economic growth with trade deals and tax cuts, dismissing Moody's credit rating downgrade due to fiscal deficits as backward-looking.

Republicans said that now is the right time to cut the state’s top income tax rate from 4.75% to 4.5%, which will allow Oklahomans to keep more of their money. They said will grow spending and increase Oklahoma’s competitiveness in luring new residents to the state.

North Carolina’s first-year teachers could have the highest salaries in the Southeast, if the state House’s budget plan becomes law. House Republican budget writers also want to restore master’s degree pay for teachers, cut more taxes and cut more vacant state employee jobs.

Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse than Greece’s.

Jason Furman, Former CEA Chair, joins 'Closing Bell: Overtime' to discuss the U.S. budget, debt & deficits an Moody's downgrade.

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Treasury Secretary Scott Bessent suggested critics of President Donald Trump‘s tariff plan should be open to cutting taxes, calling them “deflationary.” Trump announced a sweeping tariff plan early last month,