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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US Tax System ‘Worst of All Worlds’ Says Obama Advisor
By Rob GarverPresident Obama’s top economic advisor on Thursday said that Republicans and Democrats show signs of coming together to reform the corporate tax code, which has fallen “out of step with the rest of...
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IRS’s $3 Billion Error—Companies Get Windfall in Unearned Tax Credits
By Brianna Ehley, The Fiscal TimesThe Internal Revenue Service doled out nearly $3 billion in erroneous business tax credits in 2013 to corporations that should not have qualified for the breaks – all at taxpayer expense. A newly...
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Nearly $1 Trillion in Off Shore Profits Is in US Banks
By Rob GarverSomething like half of the profits U.S. corporations are protecting from federal taxes by holding them overseas are actually sitting in U.S. banks, receiving all the benefits of the stability of the...
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18 GOP Hopefuls for 2016 Hone Message on Middle Class and Economy
By James Oliphant and Andy Sullivan, ReutersFacing a recovering economy and a tumbling jobless rate, Republican presidential candidates honing their economic message are trying tap into a lingering sense of insecurity among Americans seven...
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Will Tax Reform Mean the End of These 10 Tax Breaks?
By Eric PianinThe House on Thursday voted to repeal the estate tax on multimillion-dollar estates and farms, but don’t assume this is a harbinger of major tax reform this year. House Speaker John Boehner and other...