White House says tax plan to help business, middle class
Treasury Secretary Steven Mnuchin says a Republican tax overhaul plan expected to come out this week will offer help for the middle class and businesses.
Will Trump’s big agenda put GOP budget goals out of reach?
President-elect Donald Trump promises big tax cuts, a border wall and massive spending on infrastructure. That's a recipe for bigger deficits that fiscally minded conservative Republicans have railed against during President Barack Obama's tenure.
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Obama Pushes Middle Class Tax Cut Extension
President Obama asked Congress Monday to extend for another year the Bush-era tax cut for middle class Americans, but presidential candidate Mitt Romney said the White House plan doesn't go far enough. NewsHour Political Editor Christina Bellantoni and Stuart Rothenberg…
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House GOP Agrees to Tax Cut Deal, but Is Another Showdown Just 2 Months Away?
Breaking an impasse Thursday afternoon, House GOP leaders set a vote on a stopgap Senate bill that extends the payroll tax cut and long-term unemployment benefits for another two months. Judy Woodruff discusses the latest developments in Washington with Todd…
President Obama wants to extend a payroll tax cut and many Republicans do too, but both sides are far apart on how to get it done. Gwen Ifill discusses how the extension could be funded with White House National Economic…
President Obama's Oct. 6 press conference on jobs and the economy…
House Democrats on Thursday released an $825 billion economic rescue plan that aims to alleviate the economic downturn through a combination of $550 billion in spending and state aid, and $275 billion in tax cuts.
The Senate approved a $330 billion compromise tax cut Friday morning that included a reduction of taxes on stock dividends and capital gains, $1,000 child tax credits and a reduction of the so-called marriage penalty tax.
The United States Senate narrowly approved a $350 billion tax cut late Thursday.
