The new budget is going to hurt the economy massively. There are 4.5 trillion in tax cuts to high earners and corporations and 880 billion in cuts from “Energy and Commerce”.
DOGE has put in some massive cuts to research, but the cuts hit research hospitals hard and are going to result in a lot of loss of hospital jobs because of loss of overhead.
Tariffs will also hit the economy hard, especially tariffs on energy, where there’s little ability to domestic producers to eat cost increases.

