Budget Battles
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Senate Advances $95 Billion Foreign Aid Package
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GOP Infighting Continues as Senate Heads for Aid Vote
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News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
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Dems Help Save Johnson's Aid Package for Israel, Ukraine
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Johnson Rejects a Plan to Save His Speakership
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Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
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Facing Right-Wing Revolt, Johnson Says He Won't Resign
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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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8 Million Adults Could Be Driven into Poverty — Because They Have Jobs
By Eric PianinAs we enter another tax season, an estimated eight million low-income single adults without children are about to be hammered deeper into poverty by a federal tax system just as they’re digging their...
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Cruz’s Economic Plan Would Add Trillions to the Debt
By Rob GarverThe fiscal watchdogs at the Committee for a Responsible Federal Budget took a look at the various policy positions that Texas Sen. Ted Cruz has put forward since launching his campaign for the...
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Cruz Tax Plan Would Blow a Pentagon-Sized Hole in the Budget
By Rob GarverAn analysis of the tax reform proposal put forward by Sen. Ted Cruz finds that the Republican presidential contender’s plan would slash federal revenues so deeply that even if the entire Defense...
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Repealing the Cadillac Tax and Other Obamacare Cuts Would Blow Up the Deficit
By Rob GarverIf a deal struck last year to delay implementation of three new taxes associated with the Affordable Care Act turns permanent, either through legislation explicitly repealing them or repeated deals...
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Sanders’ Plan Would Raise Taxes a Staggering $13.6 Trillion over a Decade
By Eric PianinSen. Bernie Sanders of Vermont didn’t mince his words during last Monday night’s Democratic town hall in Iowa when he promised, “We will raise taxes, yes we will” to pay for the cornucopia of...