New Gilded Age, via plastic? Trump sees gold cards as the ticket to a balanced budget

Published March 7, 2025 5:50am ET



A president usually gives their inaugural address time to sink in and saves the State of the Union address for the following year, when they are constitutionally obliged to make some report to Congress. President Donald Trump went a different way with his March 4 address, which was billed as a joint address to Congress.

“America is back,” Trump declared to a crowd of rapturously happy Republican lawmakers and sneering Democratic House members and senators, a bit over six weeks after the start of his second, nonconsecutive presidential term.

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