U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
Gov. Tim Walz recommends changes to Minnesota sales tax, cuts for disability services in upcoming budget
Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest ...
Treasury secretary nominee warns increased government spending and no extension of Trump tax cuts will lead to ‘economic crisis’
Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect ...
MinnPost7h
How Walz’s proposed ‘tax cut’ would actually raise $108 million a year to help state budget
Walz wants to shift the tax burden to wealthier Minnesotans, but Republican House leaders say any increases are off the table ...
Trump wants to cut taxes. So do governors and lawmakers in some states
President-elect Donald Trump has proposed trillions of dollars of tax cuts. JEFFERSON CITY, Mo. (AP) — President-elect Donald ...
Opinion
New Republic14mOpinion
Republicans Want to Punish Divorced People to Fund Tax Cuts
That’s not the only bad money-making idea Republicans are mulling over: they also pitched raising the threshold for government funded free school lunches to save $3 million, taxing tuition ...
A Major Cut To Capitol Gains Tax Would Turbocharge The Economy
A substantial cut in the capital gains tax would make President-elect Trump’s upcoming tax bill very beautiful indeed.
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...