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Trump economist predicts ‘biggest refund cycle ever,’ massive checks ahead

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2 hours ago

A leading contender to become President Trump’s next Federal Reserve chair said the administration expects larger tax refunds and higher take-home pay next year, as many Americans continue to express concerns about affordability."We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive refund checks," National Economic Council Director Kevin Hassett said in an interview on FOX Business' "Varney & Co." on Thursday."We're expecting just that part of it alone to be worth a couple-thousand-dollar refund … the numbers are striking."LABOR S...

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