Politics Nov 22

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.

Politics Jul 09

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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…

Jan 15

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Democrats Unveil $825B Stimulus Plan

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.

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