Momentum has been building behind a bipartisan bill to impose sanctions on countries that purchase Russian oil, as Republicans work behind the scenes to win President Trump’s support.
Category: Republican Party
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Trump Takes Reins on U.S. Economy With Policy Bill and Tariffs Renewal
President Trump has achieved much of his agenda, leaving the fate of the economy squarely in his hands.
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From Food Aid to Dog Chow? How Trump’s Cuts Hurt Kansas Farmers.
Kansans created Food for Peace, for 70 years a font of rural income and pride. Now at least one grain broker is trying to sell grain that once fed the world as dog food.
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How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
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Tax Cuts Now, Benefit Cuts Later: The Timeline in the Republican Megabill
Republicans deferred some of their most painful spending cuts until after the midterm elections.
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Poorest Americans Would Be Hurt By Trump’s Big Bill
Small improvements in taxes are overshadowed by cuts to health insurance and other federal aid, resulting in a package favoring the wealthy.
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Republicans Prepare to Open ‘Pandora’s Box’ of Budget Gimmicks
With the broad tax and health care bill they are now trying to muscle into law, Senate Republicans are preparing to upend Washington’s accounting standards.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Some Republicans Join Democrats in Unease Over White House Budget Cuts
President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.