Politics
Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that…
Tag
Tax Cuts and Jobs Act (2017)
Politics
Republicans Wrestle With Trump’s Demands for Tax Cuts
It was easy to miss, but last weekend President Trump floated a fundamental rewrite of the American tax code. In a social media post, and…
Politics
Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon…
Politics
Republicans Want to Make the Trump Tax Cuts Last Forever
When Republicans cut taxes in the past, they did so only temporarily, bowing to Washington’s arcane budget rules that limited how much…
Politics
High Stakes and Lack of Details Add to Jitters About Trump Tariffs
What’s behind door No. 1? President Trump likes a big splash, and he’s not holding back for Wednesday’s introduction of reciprocal tariffs…
Politics
U.S. Could Run Out of Cash by May, Budget Office Predicts
The U.S. could run out of money to pay its bills by late May if Congress does not raise or suspend the nation’s debt limit, the…
News
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
Even by Washington standards, the second Trump presidency has begun in frenetic fashion: mass firings at federal agencies, tariff threats…
Politics
Republicans Want Lower Taxes. The Hard Part Is Choosing What to Cut.
Since their party swept to power, Republicans have entertained visions of an all-inclusive tax cut — one that could permanently lower…
Business
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
We’ve got a whirlwind of news out of Washington — the carried interest tax exemption in the cross hairs, the latest on DOGE and an update…
Politics
Federal Debt Is Now Worrying Even Progressives
The 119th Congress began, as it so often has in recent years, with calls from Republican politicians for wrestling down the national debt,…
Politics
What Did Trump’s Tax Cuts Do?
Seven years ago, when Republicans passed the most significant overhaul of the tax code in a generation, they were sure the law would…
Politics
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
Republicans are preparing to cut taxes, slash spending and slow immigration in a broad agenda that will require unifying an unruly party…