Aug 20 WATCH: Trump acknowledges China polices may mean U.S. economic pain By Kevin Freking, Josh Boak, Associated Press Asked if his trade war with China could tip the country into recession, Trump brushed off the idea as "irrelevant" and said it was imperative to "take China on."… Continue reading
Apr 15 WATCH: Trump holds Tax Day roundtable in Minnesota By Steve Karnowski, Associated Press Trump says incorrectly that he enacted the largest package of tax cuts in history. But the facts don't bear that out. Continue reading
Mar 09 As budget deficit balloons, few in Washington seem to care By Andrew Taylor, Associated Press The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care. Continue reading
Feb 19 Why 2020 Democratic candidates are pushing more progressive tax proposals By Gretchen Frazee In the wake of the Trump tax cuts, Democratic candidates are introducing some of the most progressive tax plans in decades. Continue reading
Feb 13 U.S. budget deficit running over 40 percent higher than last year By Martin Crutsinger, Associated Press The Treasury Department said Wednesday that the budget deficit from October through December totals $318.9 billion, up from a deficit of $225 billion for the same three months in the previous year. Continue reading
Feb 05 Trump says he launched an ‘economic boom.’ Here’s what we know By Gretchen Frazee Trump has staked much of his presidency on the economy, and on Tuesday, he aimed to convince Americans that the benefits of his policies far outweigh the downsides. Continue reading
Jan 28 Did Trump’s tax cuts boost hiring? Most companies say no By Gretchen Frazee About 84 percent of businesses said the Republican tax cuts have not caused them to boost hiring or investment, according to a National Association for Business Economics survey. Continue reading
Jan 10 Watch 8:05 Evaluating Trump’s economic policies, 2 years in By Paul Solman How have Trump’s economic policies fared during the first two years of his term? Paul Solman sits down with the president’s top economic adviser, Kevin Hassett, to discuss recent stock market volatility, the Federal Reserve, tariffs, trade and whether the… Continue watching
Oct 26 How Trump’s tax cuts are boosting GDP, and why that might not last By Gretchen Frazee The U.S. economy grew by 3.5 percent in the third quarter, but that rate of growth could significantly slow in the near future because of higher interest rates and prices. Continue reading
Oct 18 Companies are paying less after the GOP tax cut, and it’s showing in the deficit By Gretchen Frazee Corporations paid $205 billion in taxes during fiscal year 2018, $92 billion less than the year before. Continue reading