---
title: "CNN: What President Trump Means For Your Pocketbook"
url: https://burnaze.com/article/0bd93708-c6a0-4cc0-9ab5-d0f23b31f580
source: "1851 Franchise"
original_url: https://1851franchise.com/cnn-what-president-trump-means-for-your-pocketbook-7509
category: "General"
topics: ["People"]
published: 2016-11-10T14:09:01.000Z
modified: 2026-11-01T03:14:54.588Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/f3de8b45f16f07f46e16ae0a0bc17f694841.jpg
---

# CNN: What President Trump Means For Your Pocketbook

**TL;DR:** President Trump's policies could affect finances and the economy, with plans to lower tax rates and bring back manufacturing jobs. Trump intends to work with Congress to implement these changes, including scrapping Obamacare and introducing a more free market health plan.

*originally published in 1851 Franchise on 2016-11-10. [Read the original](https://1851franchise.com/cnn-what-president-trump-means-for-your-pocketbook-7509).*

## Story

After last night’s win, CNN takes a look at what Trump could mean for your finances, one of the cornerstones of his campaign. Keep in mind, any of the following must be approved by Congress.

Taxes: According to CNN, Trump plans to lower tax rates for businesses and individuals. His proposal calls for only three tax rates for individuals: twelve percent, twenty-five percent and 33 percent. He also wants to decrease business taxes to fifteen percent. How he’ll pay for tax cuts remains unknown.

Jobs: Tump plans on bringing back manufacturing jobs from Mexico and China, in part by repairing U.S. roads and bridges. "We will rebuild our infrastructure, which will become second to none," Trump said in his victory address.

Healthcare: Trump intends on working with a Republican Congress to scrap Obamacare and instead have a more “free market” health plan.

College: Forgiving student loan debt after 15 years of full payment (instead of 20) and lower tuition are on Trump’s agenda.

Growth: “ Trump's main proposals to hypercharge economic growth are large tax cuts, scaling back regulations (including Obamacare) and changing U.S. trade relationships,” reports CNN.

## Entities

- 1851 Franchise (publication)
- General (sector)
- China (location)
- Mexico (location)
- job creation (topic)
- Donald Trump (person)
- economic growth (topic)
- Congress (regulator)
- healthcare (topic)
- tax reform (topic)
- trade relationships (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/cnn-what-president-trump-means-for-your-pocketbook-7509). Summarized by Burnaze (https://burnaze.com/article/0bd93708-c6a0-4cc0-9ab5-d0f23b31f580).