Economy | Washington Week

Economy

News You Need to Know

Democrats and some Republicans push back on GOP tax plan

November 3, 2017
Nancy Cordes | CBS News
President Trump and House Republicans say their plan for a sweeping overhaul of taxes is a big break for the middle class. House Speaker Paul Ryan says the average family of four would save nearly $1,200 a year. The proposal would add $1.5 trillion to the country's debt over a decade.
News You Need to Know

Major, Major’ Tax Cut May Not Be in Store for Middle Class

November 3, 2017
Jim Tankersley | The New York Times
It is difficult to see those provisions as the unambiguous gift to American workers — the “major, major tax cut,” in the words of Mr. Trump — that Republicans promised. Instead, the bill effectively asks those workers to put their faith in a sort of bank-shot theory of income growth, where corporate tax cuts turn into profits that are passed on to workers in the form of higher wages.
News You Need to Know

Trump's top aides will skip Asia for tax push

November 1, 2017
Jonathan Swan | Axios
As President Trump prepares to travel to Asia later this week, he has ordered many of his top officials to stay back and campaign for tax reform around America:
News You Need to Know

Honeymoon phase ending for GOP tax plan

October 30, 2017
Jonathan Swan | Axios
House Republicans in charge of tax reform face a hellish few days before they finally release their bill on Wednesday.
News You Need to Know

4 Big Stories To Watch This Week, From Taxes To The Russia Investigations To Niger

October 30, 2017
Susan Davis | NPR
This week will be one of the most consequential moments to date for President Trump and congressional Republicans, who are set to unveil the most sweeping tax overhaul since the Reagan era.
News You Need to Know

On taxes, Trump is an eager salesman — but the policy action is on Capitol Hill

October 28, 2017
Robert Costa, Philip Rucker, Damian Paletta | The Washington Post
President Trump is cajoling Republican senators on the golf course. He is taking Democratic senators for rides on Air Force One. He is calling up fierce critics such as Sen. John McCain (R-Ariz.) to find common cause. He is deploying his daughter and adviser, Ivanka, to pitch activists and swing suburban voters. And he is using his megaphone, Twitter, to boast about it all.

The battle for control of the Republican Party

October 27, 2017
Is the party of Lincoln becoming the party of Trump?
Subscribe to Economy