Trump’s Tax Proposals Face a Fiscal Reckoning NYT | Top Stories By: Andrew Duehren 8 November 2024 at 00:36 Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas. © Nicole Craine for The New York TimesPresident-elect Donald J. Trump proposed a slew of loosely defined tax cuts during his campaign, but lawmakers and his advisers are undecided about how much they will lower taxes again.