GOP, Trump and Senate
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Democrats are preparing to oppose the GOP tax plans as giveaways to the wealthy, coming as billionaire Elon Musk’s Department of Government Efficiency is taking a “chainsaw” to the federal government...
From Associated Press News
According to Politico.com, Republican House Speaker Mike Johnson moved earlier this month to block the ability of tariff critics to force a floor vote in that chamber.
From CBC.ca
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New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing "widespread disruptions" focused on manufacturing industries in Midwestern and Southern states,
Despite the president’s false claims, Americans actually pay U.S. tariffs — meaning his “liberation day” announcement is about liberating Americans from their money
5hon MSN
Former Vice President Mike Pence's policy advocacy group came out swinging Wednesday against Trump's expected reciprocal tariffs announcement, calling it a "tax" on Americans.
President Trump is holding a Rose Garden event today on his new tariffs. NBC News' Garrett Haake and Vaughn Hillyard report the latest. MSNBC host Catherine Rampell and University of Michigan Professor of Economics & Public Policy Justin Wolfers join Ana Cabrera to explain more on the impact of the tariffs on American households.
Ontario Premier Doug Ford tells Wolf Blitzer what he’s expecting from President Trump’s tariff announcement and explains why he thinks they will be a “tax on Americans.”
2don MSN
President Donald Trump's pledges to end taxes on tips and Social Security payments have caught the attention of workers across the country. But even if those policies do eventually become law, financial planners are reminding taxpayers that any changes won't affect the returns they must file by April 15 of this year.
The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may actually cost money.
Republicans are in the process of drafting a tax bill behind closed doors that includes an increase of the state and local tax deduction to as high as $25,000 for an individual, according to people familiar with the plan.
U.S. Senate Republicans will ask their chamber's nonpartisan referee this week to weigh in on a controversial plan to make President Donald Trump's expiring 2017 tax cuts permanent, which critics say could lead to trillions of dollars in additional debt.