Part 3/5:
Trump has proposed ideas like leaving about 93 million Americans off the hook for at least a portion of their federal income taxes. While this may seem bold, such proposals often transform by the time they are implemented. The tax cuts passed during Trump's first term are set to expire in 2025, and Republicans generally want to see those extended. To pay for such cuts, Congress may consider ending the tax-exempt status for municipal bonds or dialing back healthcare spending, which could add to the national debt.