Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Robert Samuelson: Why Trump’s Tax Reform Won’t Work
It’s hard to imagine that tax reform is No. 1 on the Republicans’ to-do list when they still don’t have a 2018 budget. Worse, they still haven’t agreed to raise the debt ceiling, as the federal...
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Gary Cohn: Here's What We Want From Tax Reform
By Michael RaineyGary Cohn, President Trump’s top economic adviser, told the Financial Times Friday that the White House will begin a sustained push on tax reform starting next week. The president will hit the road...
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Wild About Tax Cuts, Wall Street Forgets Its Deficit Worries
Max Abelson at Bloomberg Businessweek details how the titans of Wall Street and others in finance — think Goldman Sachs CEO Lloyd Blankfein, JPMorgan Chase’s Jamie Dimon, Bank of America’s Brian...
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Where’s Trump on Tax Reform Push?
The push to promote tax reform to the public is on in force: House Speaker Paul Ryan talked about it at a visit to Intel yesterday and again today at Boeing in Everett, Washington. House Republicans...
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Corporate America Is Putting Its Muscle Behind Tax Reform Push
By Michael RaineySpeaker of the House Paul Ryan (R-Wis.) is visiting Intel Corp. in Oregon today, and it’s not just to discuss the latest computer chips. Ryan’s trip is part of a larger effort by Republicans — and...
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Tax Reform Consensus Taking Shape — but Can It Last?
The “Big Six” members of Congress and the Trump administration negotiating a tax reform package are making progress. The group has reached a “broad consensus” on the key question of how to pay for...
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When Politicians Start Talking ‘Tax Reform,’ Check Your Wallet
By Rob GarverIf Congress ever actually gets around to pursuing tax reform, voters should expect to hear lots of talk about the benefits that would derive from an overhaul of the nation’s barnacle-encrusted tax...
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Here’s How Trump Could Get Democrats’ Help on Tax Reform
By Rob GarverThe Trump administration has been reaching out to ‘Blue Dog’ Democrats to talk about possible areas of agreement on tax reform.
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Are You Rich? Tax Reform May Answer That Question for You
By YLAN Q. MUI, CNBCWhether to raise taxes on the rich is one of the thorniest issues in tax reform. Underlying that debate is an even more fundamental question: Who exactly qualifies as wealthy? Everyone can agree that...
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Meet the Man Who Could Determine Your Tax Bill Next Year
By Rob GarverAll the promises coming from the Trump administration and the Republican leadership in Congress about plans to enact a massive rewrite of the federal tax code have been greeted with caution by much...
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Economists Agree: Trump’s Tax Cuts Won’t Pay for Themselves
A recent survey by the University of Chicago’s Booth School of Business shows that economists disagree with Treasury Secretary Steven Mnuchin’s claim that the nascent Trump tax plan “will pay for...
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Remember the Fiscal Cliff? Why the One Coming This Year Could Be Even Worse
Remember the fiscal cliff? We may get a replay of that budget brinksmanship this fall — only worse.
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Some States Spend Billions on Economic Tax Incentives for Little or No Return
By Eric PianinBy one estimate, state and local governments spend at least $45 billion a year on tax breaks and other incentives to lure or keep job-producing businesses and plants in their jurisdictions.
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The Problem with Low-Income Tax Credits: Billions in Improper Payments
By Eric PianinWhile praised by Republicans and Democrats alike as an important incentive for the working poor, the federal Earned Income Tax Credit (EITC) and other tax credits for low-income Americans are coming...
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How Trump’s Tax Plan Could Make the ‘Hedge Fund Guys’ Even Richer
By Ciro ScottiThe way many hedge and private-equity funds are structured may make them eligible for the 15 percent tax rate that the Trump plan is proposing for “pass-through” businesses.