There’s an undercurrent of Democratic support for elements of President Trump’s tax agenda, a dynamic that Republicans are trying to exploit as they make the case for enactment of their sprawling domestic legislation.
Category: Tax Cuts and Jobs Act (2017)
-
Moody’s Downgrades U.S. Credit Rating Below Triple-A
The downgrade means that each of the three major credit rating firms no longer gives the United States its best rating.
-
Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
-
Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off.
-
Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office.
-
Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
-
Republicans Want to Make the Trump Tax Cuts Last Forever
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.
-
High Stakes and Lack of Details Add to Jitters About Trump Tariffs
Business leaders and investors remain on edge ahead of President Trump’s expected announcement of a sweeping new round of tariffs.
-
U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or suspend the nation’s debt limit.
-
Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.
The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.
-
PCE Report Showed Inflation Eased Slightly in January
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.