Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits. The Congressional Budget Office has projected that extending the cuts would increase deficits by nearly $4 trillion over the coming decade.
Senate Republicans unveiled a budget blueprint designed to fast-track a renewal of President Donald Trump’s tax cuts and an increase to the nation’s borrowing limit, ahead of a planned vote on the resolution later this week.
President Donald Trump's allies are launching an effort to encourage Congress to quickly approve an extension of 2017 tax cuts due to expire at the end of the year to jolt the economy.
Mass layoffs began on Tuesday at the Department of Health and Human Services, where up to 10,000 employees are expected to lose their jobs, and on Friday at the IRS, including in its Office of Civil Rights and Compliance. Meanwhile, the director of the U.S. National Security Agency was fired on Thursday.
Where does the money collected from tariffs go? How soon will prices rise for consumers? What tariffs are other countries charging on U.S. goods?
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White House adviser Peter Navarro has a wild theory about President Donald Trump’s tariffs, which have roiled the markets and rankled the United States’s trading partners over the last month. In an interview with Fox News Sunday,
After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike.