Economy | Washington Week


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Trump to Democrats: the tax plan is bad for me

November 8, 2017
Jonathan Swan | Trump to Democrats: the tax plan is bad for me
When Trump rang in, Cohn put him on speaker. The president said the tax bill was awful for rich people, and repeated a line he has used about his accountant telling him it's a bad bill for him. The meeting went well enough that the group plans to meet again next week.
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White House to meet with Senate Dems on tax reform

November 7, 2017
Jonathan Swan | Axios
The White House learned a tough lesson during its failed effort to repeal the Affordable Care Act — they can't rely on only Republicans to pass a bill. So while many top officials are highly skeptical that Democrats will sign onto any GOP-led tax reform bill — and especially not if they're called on to be the crucial 50th vote — the administration is trying harder than it ever did with health care.

Donna Brazile speaks out, 8 people killed in NYC terror attack, and Jerome Powell tapped as new Fed chair

November 3, 2017
Eight people were killed and a dozen more injured after a terror attack in New York City.

Tax reform and the first indictments in the Russia probe

November 3, 2017
Taxes, terrorism, and the widening Russia probe.
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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.
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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.
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