News You Need to Know

CBO director: We’re going to pay for the great deal of stimulus

April 10, 2018
Ylan Mui | CNBC
CNBC's Ylan Mui reports on comments from the CBO director about the impact of tax reform and Federal Reserve rate hikes on the federal budget.
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White House budget director effectively admits tax bill doesn’t pay for itself

February 15, 2018
Molly Ball | TIME
A key White House official has acknowledged what independent economists have been saying for months: The $1.5 trillion GOP tax bill does not pay for itself.
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Brief government shutdown ends as Trump signs spending bill

February 9, 2018
Erica Werner, Mike DeBonis | The Washington Post
President Trump ended the second government shutdown of his tenure early Friday morning, signing a sweeping spending bill hours after Congress backed the bipartisan budget deal that stands to add hundreds of billions of dollars in federal spending on the military, domestic programs and disaster relief.
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High-stakes budget talks begin as deadline approaches

January 4, 2018
Erica Werner, Damian Paletta, Mike DeBonis | The Washington Post
A showdown in Washington over government spending kicked off Wednesday with a high-level gathering between congressional leaders and the White House that previewed the broader fight likely to consume Washington for much of January.
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Tax changes are coming Monday: Here’s when it will affect you

December 28, 2017
Ylan Mui, Michael Sheetz | CNBC
A jumble of changes are coming to the tax code, with many of them set to begin on New Year's Day — Monday. The bill makes cuts and adds exemptions to individual, corporate and international taxes, but only a few are permanent.
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GOP holdouts threaten tax reform bill

December 15, 2017
Nancy Cordes | CBS News
The GOP tax bill hit major obstacles ahead of an expected vote early next week, with some lawmakers including Florida Sen. Marco Rubio and Utah Sen. Mike Lee issuing ultimatums and demands.
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House and Senate GOP reach tax reform deal

December 14, 2017
Nancy Cordes | CBS News
House and Senate Republicans have reached a tax reform compromise, combining the House and Senate bills that would cut taxes by more than $1.4 trillion over a decade. Democrats claim the new version is even more slanted towards the wealthy.
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