The former president left many key details about the overtime plan unaddressed, including whether the exception would apply to the payroll taxes that fund Social Security and Medicare.
Category: Federal Budget (US)
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An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
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BLS Data on Jobs and Consumer Prices Faces a Test of Trust
The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.
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Donors Quietly Push Harris to Drop Tax on Ultrawealthy
Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street.
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Care Policies Take Center Stage in Harris’s Economic Message
The Democratic nominee says she wants to make raising a family more affordable. But she has provided few details on her proposals.
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What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far
The vice president supports the tax increases proposed by the Biden White House, according to her campaign.
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Trump’s Tax Plan Could Add to the National Debt. Harris’s Is a Mystery
The former president’s proposals to cut taxes would lose far more revenue than his plans to raise tariffs. The vice president has not addressed fiscal policy in detail.
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Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues
The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.
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One Obstacle for Trump’s Promises: This Isn’t the 2016 Economy
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
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Get Ready for the Debate Like an Economics Pro
What you need to know about the economy before Thursday’s showdown between President Biden and Donald J. Trump.