GOP, Trump and tax bill
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Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 years, according to the CBO.
Wall Street’s quiet corner is making noise again. While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. And right now, it’s getting worried about how much more Washington is preparing to pile onto its spiraling mountain of debt because of its desire to cut taxes.
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a self-imposed deadline to approve the legislation by Thursday.
A new report by Goldman Sachs finds that while larger tax cuts will yield a bigger growth boost, the drag on economic growth from tariffs will offset that gain.
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The Texas Tribune on MSNAnother big tax cut for Texas homeowners appears imminentProviding bigger tax breaks to homeowners is a key component of a deal brokered by Republicans in the Texas Legislature to lower tax bills for Texans.
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Despite a brief market scare, the richest 10 Americans got $365 billion richer over the past year, according to a new analysis from Oxfam.
Congressman Ryan Mackenzie joined the vast majority of House Republicans in voting in favor of President Trump’s multitrillion-dollar tax breaks package early Thursday morning, which now
Self-described moderates in the GOP are rallying behind a policy favored by centrists of both parties and which economists consider a major tax cut for America’s “merely wealthy” professionals. At the same time, President Donald Trump, who is now ...