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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The Hidden Pitfalls in Your Portfolio
By Linda Stern, ReutersAmid all the gloom and doom about forced retirement, skyrocketing healthcare costs and nest egg-cracking financial markets, there's another threat facing baby boomers: future tax liabilities. The...
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New Survey: Taxmageddon Paralyzes Business Plans
By Michelle Hirsch, The Fiscal TimesDespite a clear desire to pay lower tax rates, corporate finance chiefs say they are more focused on resolving tax uncertainty issues that will ensue once the Bush era tax cuts expire along with...
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Heard in more states: See you in tax court!
By Nanette Byrnes, ReutersGeorgia State Representative Allen Peake owns 20 restaurants and this year he took his frustrations with his tax bills to the state capitol, where he helped push through legislation creating a new...
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Uncle Sam to Reap $3.5 Billion from Facebook IPO
By Merrill Goozner, The Fiscal TimesOne big winner from the Facebook IPO is Uncle Sam, who will collect billions in income taxes from the insiders given stock as part of the networking company’s initial public offering. The government...
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After Geithner: Who's Up Next As Treasury Chief?
By Glenn Somerville, ReutersWanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis. It's a tall order,...