WASHINGTON — Sen. Marco Rubio says big businesses aren’t investing much of their windfall from President Donald Trump’s tax cuts into their workers despite GOP promises during last year’s debate. “There is still a lot of thinking on the right […]
WASHINGTON — The combined effect of President Donald Trump’s tax cuts and last month’s budget-busting spending bill is sending the government’s budget deficit toward the $1 trillion mark next year, according to a new analysis by the Congressional Budget Office. […]
ATLANTA — A Democratic congressional candidate outside Philadelphia calls the Republican tax overhaul a “cynical bill” that will redistribute wealth upward. One of her counterparts in California dismisses estimates of tax savings for most U.S. households and says the legislation […]
WASHINGTON — The Latest on President Donald Trump(all times local): 11 a.m. President Donald Trump has signed into law a $1.5 trillion tax overhaul package. Trump touted the size of the tax cut, declaring to reporters in the Oval Office […]
WASHINGTON — A triumphant President Donald Trump and jubilant fellow Republicans celebrated the passage of their $1.5 trillion tax overhaul Wednesday as a “historic victory for the American people.” The American people, however, will need some convincing. As Trump and […]
WASHINGTON — You wouldn’t know it from President Donald Trump’s rhetoric, but the tax overhaul coming into effect is heavily tilted to the rich. It also leaves “Obamacare” in place, despite his assertion that the tax plan repeals the health […]
WASHINGTON — President Donald Trump cheered a massive overhaul of U.S. tax laws Wednesday, saying “we broke every record.” Flanked by Republican lawmakers, the president took a bow outside the White House shortly after the House finished its last-minute re-vote […]
WASHINGTON — President Donald Trump has prematurely declared “Obamacare” dead and displayed a misunderstanding of where the money comes from to make the health law work. A look at his remarks Wednesday about the tax plan he will soon sign […]
WASHINGTON — The Latest on the push in Congress to pass a sweeping tax cut bill (all times local): 2:05 p.m. The House has passed the most sweeping rewrite of the nation’s tax laws in more than three decades. The […]
WASHINGTON — The Latest on the push in Congress to pass a sweeping tax cut bill (all times local): 2 p.m. House Speaker Paul Ryan is hailing the Republican tax package, saying “today, we give the people of this country […]
U WASHINGTON — The Latest on the tax bill moving through Congress (all times local): 6:10 p.m. Congress’ official tax analyst says while the Republican tax bill would mean an average initial reduction for all income groups, average taxes would […]
WASHINGTON — Republicans rallied to GOP Sen. Bob Corker’s defense Monday, rejecting a report that the Tennessee lawmaker stealthily tucked a provision into the massive tax package to benefit himself financially and then reversed course to back the bill. Democrats […]
WASHINGTON — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. once his tax plan is in place. That’s something of a mirage. Here’s what he told reporters Saturday […]
WASHINGTON — Count commuters among the losers in the Republican tax bill that the House and Senate are expected to vote on next week. The final bill agreed to by Republican negotiators and released late Friday eliminates the tax incentive […]
WASHINGTON — Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation’s tax code. GOP leaders are looking toward passage of the final […]
House Minority Leader Nancy Pelosi and House Speaker Paul Ryan clashed over the GOP tax plan that a conference committee is now considering on Capitol Hill. (Dec. 14) WASHINGTON — After weeks of quarrels, qualms and then eleventh-hour horse-trading, Republicans […]
WASHINGTON — Two looming questions threaten to snag the seemingly smooth trajectory of the Republicans’ massive tax legislation now in its final leg in Congress. How to satisfy demands of the rebellious GOP lawmakers from high-tax states who demand concessions […]
WASHINGTON — The Latest on Congress and the budget (all times local): 3:15 p.m. President Donald Trump has received an earful from four American families who favor the tax-cut legislation pending in Congress. An Indiana man who works in technology […]
WASHINGTON — For President Donald Trump, this is a best-of-times, worst-of-times moment. So far. The president was up early Saturday celebrating the Senate’s overnight passage of a sweeping tax overhaul package that puts him on the cusp of a major […]
WASHINGTON — Republicans muscled the largest tax overhaul in 30 years through the Senate early Saturday, taking a big step toward giving President Donald Trump his first major legislative triumph after months of false starts and frustration on other fronts. […]
WASHINGTON — Senate Republicans steamed toward passage of a $1.4 trillion tax bill Friday, overcoming eleventh-hour hitches in their drive to deliver a major legislative accomplishment to President Donald Trump by Christmas. “We have the votes,” Senate Majority Leader Mitch […]
WASHINGTON — The Latest on the GOP tax bill (all times local): 1:10 p.m. Republican leaders have made changes to the tax bill to win enough votes to clear the Senate. A summary obtained by The Associated Press shows the […]
WASHINGTON — The Latest on Senate Republicans’ tax overhaul bill (all times local): 5:50 p.m. A leading GOP senator says Republicans are redrawing their tax bill to reduce the size of its tax cuts. Texas Sen. John Cornyn says the […]
WASHINGTON — Senate Republicans on Thursday pushed ahead on a sweeping revamp of the nation’s tax code, with Majority Leader Mitch McConnell expressing confidence of final passage by week’s end and a key Republican getting on board. The GOP had […]
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