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Trump, Tax Cut and Republicans
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 that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to change the rules.
Republicans in Congress warn rising US bond yields could hit Trump's tax cut plans
Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's aggressive tax-cut agenda could fall victim to signs of worry in the bond market.
CBO Projects U.S. Debt to Surge $23.9T, Excluding Tax Cuts by Trump
The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.
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 in additional tax cuts being championed by President-elect Donald Trump
2d
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.
Axios on MSN
1d
GOP flirts with magical thinking on paying for Trump's tax cuts
GOP tax writers are gathering support for creative ways to make the price tag $0 for extending Trump's 2017 tax cuts. Why it ...
1d
on MSN
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 ...
2d
on MSN
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax ...
2h
Who would benefit from Trump's tax cut plan? These would be the consequences
At the top of the Republicans' 100-day agenda, with President-elect Donald Trump in the White House and a majority of Republican lawmakers, is the plan to renew some $4 trillion in ...
11d
on MSN
Missouri Republicans want income tax cuts. But services could be taxed instead under plan
Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...
4d
on MSN
House GOP tax writers call for cuts ‘as soon as possible’
Republican tax writers boosted pressure on the rest of their party on Tuesday to pass tax cuts as their top legislative ...
8h
Political notebook: See which MS Republicans are attending Monday's inauguration
As Monday fast approaches, some of Mississippi's GOP leadership will be heading to Washington D.C. to watch President Donald ...
4d
New GOP bill seeks to hold private universities to same tax standard as corporations: 'On notice'
Rep. Troy Nehls of Texas is introducing legislation to raise taxes on private university endowment profits to be in line with ...
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