Taxes
  • Taxes

Budget Battles

  • The U.S. Capitol dome is seen in Washington

    National Debt Tops $36 Trillion

    By Michael Rainey

    On Thursday, the gross U.S. national debt surpassed $36 trillion for the first time, according to data from the Treasury Department . Debt held by the public – a subset of the gross national debt...

  • Trump said he and Johnson have 'a very good relationship.'

    House GOP Lays Out Priorities for Next Congress

    By Michael Rainey

    Republicans in the House met behind closed doors Tuesday to lay out their priorities for the new Congress that starts in January, and their to-do list looks pretty familiar to anyone who’s been...

  • FILE PHOTO: A Baojun E100 all-electric battery car is being charged in the parking lot in front of a Baojun NEV Experience Center store in Liuzhou, China

    Trump Plans to Eliminate EV Tax Credit: Report

    By Michael Rainey

    The transition team for President-elect Donald Trump is discussing plans to kill the tax credit for electric vehicles as part of a larger tax overhaul, Reuters reported Thursday. The tax credit,...

  • DC: U.S. Capitol, White House

    Will Huge Deficits Weigh on GOP Plan to Slash Taxes?

    By Michael Rainey

    As Republicans prepare to forge a massive tax bill that could potentially pass via a party-line vote early next year, a crucial question hangs over their heads: How much larger are they willing to...

  • Trump in Chicago

    Trump Wants Tax Cuts in a Hurry

    By Michael Rainey

    Republicans are reportedly scrambling to find ways to enact President-elect Donald Trump’s proposals for an extensive array of tax cuts when he returns to power, with an eye on giving the new...