"To just take that revenue would be a tax increase," said Missouri Sen. Andrew Koenig, echoing the reasoning of many tax-adverse Republicans leery of simply spending or saving the expected influx.
By David A. Lieb, Associated Press
Trump campaign official Michael Glassner says the president will discuss tax cuts he signed into law late last year and highlight how Indiana families are benefiting from them.
By Associated Press
The GOP is the party of fiscal responsibility no more.
By Steve Peoples, Associated Press
President Donald Trump is proposing a $4 trillion-plus budget for next year that projects a $1 trillion or so federal deficit. And it never comes close to promising a balanced federal ledger even after 10 years.
By Andrew Taylor, Associated Press
By PBS NewsHour
This week, large retailers made announcements following the recently passed tax cuts. Walmart raised salaries for hourly workers to $11 per hour and announced one-time bonuses to 1,000 eligible employees, but it also announced the closure of 63 Sam’s Club…
By Lisa Desjardins
We now have a final estimate of how the GOP tax bill will affect different income groups at different points over the next several years.
For Republican lawmakers, it's a day to celebrate. Cheers went up as the GOP tax overhaul received House passage, signalling the end of a legislative sprint to get the bill wrapped up by Christmas. Lisa Desjardins joins Judy Woodruff to…
By Stephen Ohlemacher, Andrew Taylor and Marcy Gordon, Associated Press
Generous tax cuts for corporations and the wealthiest Americans would be delivered in a sweeping overhaul of the tax laws, under a new agreement crafted by Republicans in Congress.
By Alex Raskolnikov
The Republican Party used to pride itself as the party of ideas. But the tax plan is a fiscally irresponsible, distributionally unfair, loophole-ridden mistake.
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