On taking office, President Trump claimed $3 trillion in new corporate investments, later inflating that figure to $14 trillion. The administration promotes these projects under "The Trump Effect," but a review found only $2.6 trillion officially listed. Of this total, over $1.3 trillion originated under former President Biden or represents routine spending disguised as new investments. Supporters assert that deregulation and corporate tax cuts under Trump will yield more future investments, hinting at increased spending in upcoming months, as noted by economists.
The White House features a rolling list on its website of more than 70 projects it says Trump's economic policies spurred, amounting to $14 trillion in investments.
As of July 2, the website listed more than $2.6 trillion in U.S. investments, with a significant portion actually originating under Biden or being routine spending.
Trump's supporters argue that his policies of deregulation and corporate tax cuts have increased interest from companies for future investments.
Richard Stern of the Heritage Foundation predicts a lot more investments will materialize later this year and into next year, thanks to Trump’s policies.
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