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Complaining that negotiations are “going nowhere,” President Donald Trump threatened to ramp up his trade war with Europe late last week, saying on Friday that he is “recommending a straight ...
Treasury Secretary Scott Bessent told a group of investors Tuesday that the punishing trade war between the U.S. and China cannot be sustained, and he expects it to ease in the near future.
Happy Friday! Congress has just one week left to avert a government shutdown. House Speaker Mike Johnson says he will bring up a "clean" bill next week to fund the government through September ...
As Republicans prepare to extend the 2017 Trump-era tax cuts that are currently scheduled to expire at the end of the year — or make them permanent — a new analysis by the Treasury Department ...
Is it the responsibility of the federal government to make sure all Americans have healthcare coverage? Gallup pollsters found that 62% of U.S. adults now say yes, the highest percentage in more ...
Former President Donald Trump’s proposed tax changes would skew heavily toward the wealthy, according to a new analysis by the left-leaning Institute on Taxation and Economic Policy (ITEP).
Tax and spending proposals from both presidential candidates would increase budget deficits in the coming years by trillions of dollars, according to a new analysis from the Committee for a ...
House Republican lawmakers returned from their two-week recess Tuesday and resumed their chaotic infighting right where they left off. Georgia Republican Rep. Marjorie Taylor Greene, who 18 days ...
The federal budget deficit for fiscal year 2023 was $1.695 trillion, up from $1.375 trillion the prior year, according to data released Friday by the Treasury Department. Receipts for the year ...
The U.S. government sent out more than $800 billion in pandemic stimulus checks over three rounds of payments in 2020 and 2021. A new study finds that those payments likely provided only a short ...
A bill passed by the House Tuesday would allow Americans to put more money into their 401(k) retirement savings accounts and wait longer to start taking it out. The Securing a Strong Retirement ...
As part of the $1.85 trillion reconciliation bill, the Biden administration has proposed continuing the expanded version of the child tax credit (CTC) that was part of the American Rescue Plan (ARP).