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politics13h ago
Trump economist predicts ‘biggest refund cycle ever,’ massive checks ahead
Foxbusiness.com and 2 more
- The combined impact of White House policy signals and new reference reporting points to a historically large tax refund cycle in spring 2026, with many households expected to receive sizable checks.
- Official estimates, as cited by Hassett, forecast refunds that could reach thousands for some workers, signaling a substantial boost to take-home pay this cycle.
- Real wages show improvement for blue-collar workers as wage gains outpace core inflation, supporting a more favorable affordability outlook.
- The wage growth trend is framed as contributing to broader affordability gains and shaping expectations for future tax-policy moves.
- Market expectations are tied to a forthcoming housing reform initiative, signaling policy steps that could support household affordability.
- Analysts connect the refund outlook to a broader frame of inflation trends, tax refunds, and a pending White House housing policy update.
- Hassett describes the refund figures as striking evidence of offsetting take-home pay gains for American families.
- The coverage positions refunds as part of ongoing efforts to improve household affordability amid inflation and policy shifts.
- Fox Business connects Hassett’s views to a broader first-term policy and market outlook, framing this as a continuation of early-term dynamics.
- Contextual inflation cooling and improving jobs data provide a backdrop for the optimistic projection of a large refund cycle.
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