Lower capital gains tax, cuts to food benefits: What Project 2025 could mean for your wallet in a Trump presidency
As the presidential election heats up, both parties are talking about Project 2025, a collection of policy plans developed by conservative think tank The Heritage Foundation in conjunction with more than 100 other right-leaning organizations.
As the presidential election heats up, both parties are talking about Project 2025, a collection of policy plans developed by conservative think tank The Heritage Foundation in conjunction with more than 100 other right-leaning organizations.
If enacted, Project 2025 would bring major changes to Americans’ finances.
Aiming to “pave the way for an effective conservative administration,” the roughly 900-page “mandate” proposes an overhaul of the federal government and sweeping policy changes that would affect families’ taxes, savings and more. The Heritage Foundation launched the project in 2022 and published the policy collection in April 2023.
President Joe Biden and Democrats have pointed to Project 2025 as an example of what a second term from former President Donald Trump could look like. Biden has a page on his campaign website about the project, describing it “as a blueprint for Trump to implement.”
However, in recent weeks, Trump has made statements distancing himself from the policy proposals.
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