A recent analysis indicates that the U.S. economy could suffer a staggering $1 trillion blow if Congress does not extend the tax cuts implemented by President Donald Trump through the Tax Cuts and Jobs Act (TCJA) of 2017. This warning comes from a study by the National Association of Manufacturers (NAM), highlighting the potential economic fallout if these tax policies are allowed to lapse at the end of 2025.
According to the study, the failure to extend the TCJA could lead to the loss of approximately six million jobs and a reduction of $540 billion in wages. The manufacturing sector, in particular, would be hit hard, with an estimated loss of 1.137 million jobs, alongside a decrease in manufacturing worker compensation by $126 billion and a $284 billion hit to manufacturing GDP.
NAM President and CEO Jay Timmons underscored the urgency, describing the tax cuts as “rocket fuel” for manufacturers, significantly enhancing the U.S. economy’s competitiveness globally. He warned that without action from policymakers, the sector would face economic disaster, affecting the livelihoods of many Americans.
The study’s findings have sparked a debate among lawmakers. Senate Finance Committee Chairman Mike Crapo (R-Idaho) has advocated for the extension, labeling it an “investment in America” that would bolster capital growth. Conversely, during a recent House Ways and Means Committee hearing, Rep. Richard Neal (D-Mass.) criticized the extension as a “cash grab” that would primarily benefit the wealthy, potentially adding $4.6 trillion to the national deficit.
Despite concerns about revenue loss and increasing the deficit, federal tax receipts have approached record levels, reaching $4.9 trillion in the last fiscal year. This figure is $1.6 trillion above what was collected before the TCJA was enacted, suggesting that the tax cuts did not necessarily lead to the revenue drop some had feared.
However, the Committee for a Responsible Federal Budget cautions that extending the TCJA would not generate enough economic growth to offset its cost to the deficit. They argue that tax cuts typically do not pay for themselves and call for measures to offset the revenue loss to prevent further ballooning of the national debt, which currently stands above $36.1 trillion.
This study and the ensuing political discourse come at a critical juncture as the U.S. government faces decisions on fiscal policy that could shape the economic landscape for years to come. The debate over extending the Trump tax cuts underscores the broader tension between promoting economic growth and managing the national debt.
According to the The Epoch Times:
A new study has concluded that the United States could risk a $1 trillion hit to the economy if Congress fails to extend the 2017 Tax Cuts and Jobs Act (TCJA).
According to the National Association of Manufacturers (NAM), not renewing President-elect Donald Trump’s tax reforms will cost the economy about six million jobs and $540 billion in lost wages.
Without an extension of the Trump-era tax cuts, the economic damage would total a $1.1 trillion hit to the GDP.
Jay Timmons, the president and CEO of NAM, says the manufacturing sector would also be harmed if lawmakers do not renew the TCJA.
The study determined that 1.137 million manufacturing jobs and $126 billion in worker compensation would be erased, reducing the manufacturing GDP by $284 billion.
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.