Project 2025 Could Impact the Economy and Your Finances

  • by:
  • Source: NerdWallet
  • 07/26/2024

To its conservative authors and backers, Project 2025 is a detailed road map for a complete remaking of the federal government — a next step in a “second American revolution,” that will be bloodless “if the left allows it to be,” in the words of one of the project’s principal architects.

Those on the opposite end of the political spectrum have denounced the plan with words like “chilling,” “terrifying” and “extreme,” and are calling attention to its proposals as part of the Democratic Party’s campaign to defeat former President Donald Trump in his bid to retake the White House.

For those somewhere in the middle, Project 2025 may be simply too long to read — roughly 900 pages — so here’s the gist: The controversial document was created by the Heritage Foundation, an influential conservative think tank. More than 400 like-minded contributors penned the project as a blueprint for the next Republican presidency and published it in April 2023. It's hefty wish list and, like all proposals, isn't guaranteed even if Republicans retake the White House in the upcoming election.

Tax season by Olga DeLawrence is licensed under Unsplash unsplash.com

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