We introduced you to Project 2025 in our August 24th edition. Project 2025 is a proposal to reinvent our government. While Donald Trump has distanced himself from the plan, it was written by his close associates. This is the first in a series intended to provide food for thought, and highlights how the plan would affect our lives.
Financial Security and You
Does Financial Security mean something to you?
It’s a major concern for most of us, especially senior citizens and those on a limited income. Project 2025 promises to increase Americans’ financial security by reducing the cost of government, but includes some policies that could be very troubling:
- Project 2025 plans to eliminate the FDIC, which means if your bank fails, your savings will not be protected. [page 839]
- It would raise import tariffs, which would raise supply costs for U.S. manufacturers who depend on imported parts and materials. When their costs go up, the price YOU pay goes up. [page 771]
- Another significant risk of Project 2025 tariffs is a reduction in domestic output and productivity, resulting in increased unemployment and higher prices across the board.
- And yes, tax cuts are proposed, though they mostly benefit the very wealthy.
(Page numbers are included if you would like to read more at:
https://static.project2025.org/2025_MandateForLeadership_FULL.pdf.)
On November 5th, VOTE for what matters to you!!
