On Tuesday’s “PBS NewsHour,” Treasury Secretary Janet Yellen predicted that President Joe Biden’s tariffs won’t cause any meaningful price increases for typical families and responded to a question on her criticism of the Trump tariffs as “taxes on consumers” by
Michael RaineyMay 16, 2024President Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire
Former President Donald Trump vowed Friday to end President Joe Biden’s rewrite of Title IX “on Day One” if he should win the presidential election Read More
Several tax cuts enacted by former President Donald Trump are set to expire after 2025 without changes from Congress. Here's how it could affect your wallet.
Donald Trump says the day he enters the Oval Office for a second term he will end anti-discrimination protections for LGBTQ+ students implemented by the Biden administration.Serving up a scattershot series of complaints with the hosts of Philadelphia-based right-wing talk radio show “Kayal and Company” on Friday, Trump compared LGBTQ+ protections to a “cuckoo’s nest.”"A lot of things don’t make sense, having to do with what they’re doing, from the border to all of the men playing in women’s...
Michael RaineyMay 9, 2024Lawmakers in Washington will need to address some serious fiscal questions next year, not least of which is what
There is really only one signature legislative “achievement” from Donald Trump’s time in the White House: The 2017 Tax Cuts and Jobs Act. He did other things while in office—bungling the pandemic, wrecking relationships with allies, insulting veterans—but when it comes to bills pushed through Congress and collecting Trump’s signature, there’s only one thing that stands out. A tax bill that emptied the nation’s coffers to pay off billionaires and corporate bosses. Even at the time, it was clear...
Donald Trump is accusing Joe Biden of offering a weak response to antisemitism, wielding the clashes on colleges campuses over the war in Gaza as a campaign issue.
As former U.S. President Donald Trump and congressional Republicans campaign on extending their 2017 tax cuts if elected in November, a government analysis revealed Wednesday that doing so would add $4.6 trillion to the national deficit. When Trump signed the Tax Cuts and Jobs Act during his first term, the initial estimated cost was $1.9 trillion. Last year, the Congressional Budget Office (CBO) projected that extending policies set to expire next year would cost $3.5 trillion through 2033. ...
Presidential candidate Donald Trump offered oil industry a wishlist of policy items while asking for money
The Congressional Budget Office (CBO) projected in a new report that the extension of tax cuts passed as part of former President Trump’s signature 2017 tax law could add trillions of dollars to the nation’s deficits over roughly the next decade. Citing numbers from the Joint Committee on Taxation, the CBO said Wednesday that the
with the election being decided on the margins, there's a question over whether either major party presidential hopeful will reach the necessary 270 Electoral College votes to win outright this fall.