Latest in Dems launch group to hit Trump on tax cuts
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Exclusive: Cannabis groups combine to push for federal reforms under Trump
U.S. Cannabis Roundtable is forming with backing from Cresco Labs, Trulieve, Green Thumb Industries, Verano and Curaleaf.MarketWatch - Jan. 16 -
Judiciary Dems float killing Mar-a-Lago case in nudging Garland to release Trump report
House Judiciary Democrats pressed Attorney General Merrick Garland to consider ending the prosecution of President-elect Trump's two co-defendants in the Mar-a-Lago documents case as a way to speed ...The Hill - Jan. 16 -
What to Know About the E.V. Tax Credit That Trump Might Repeal
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.The New York Times - Jan. 16 -
L.A. museums launch $12-million emergency fund for artists hit by the fires
The Getty, LACMA, MOCA and Hammer museums have partnered with George Lucas' and Steven Spielberg's foundations and other groups to create the L.A. Arts Fire Relief Fund.Los Angeles Times - Jan. 15 -
Senate Dems spent Pam Bondi’s hearing talking about one guy. (No, not Trump.)
The fixation by Senate Democrats became clear early in the confirmation hearing for Donald Trump's attorney general pick.Politico - Jan. 15 -
Tax Deadline for 2024 Disaster-Hit Small Businesses Nears
The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.Inc. - Jan. 15 -
FDA to cut nicotine from cigarettes, in plan first floated under Trump
It will be up to the returning Trump administration to decide whether to finalize the rule.CBS News - Jan. 15 -
Farage and Truss attend UK launch of US climate denial group
British arm of Heartland, which has taken oil and Republican funding, to be led by ex-Ukip head Lois Perry. Climate science deniers are lining up a political offensive in Britain after a US lobby ...The Guardian - Jan. 15 -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - Jan. 14 -
An avalanche hits a group of skiers in Italy's Piedmont Alps, killing 3
An avalanche has hit a group of five skiers in Italy’s northern Piedmont region on Sunday, killing three of them, rescuers saidABC News - Jan. 12 -
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - Jan. 12 -
Trump announces environmental advisory group led by his former consultant
President-elect Trump said he will create an environmental advisory group lead by his former environmental consultant. “I am pleased to announce that Ed Russo, an Environmental Expert, will lead ...The Hill - Jan. 11 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
Warren questions Trump IRS nominee's experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service (IRS) on Wednesday, pressing him for answers about his previous experience ...The Hill - Jan. 9 -
Two months later, Dems are still squabbling over lessons learned from Trump's win
Jeffries and Schumer are laying the groundwork for portraying the GOP as the party of the ultra-wealthy.Politico - Jan. 9 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - Jan. 9 -
Heinrich objects to quick hearing for Trump energy nominee, saying Dems haven’t received financial disclosure
The top Democrat on the Senate’s Energy and Natural Resources Committee is objecting to the timing of a hearing for Trump’s Energy Secretary pick Chris Wright — saying Republicans are moving ahead ...The Hill - Jan. 9 -
Dems bash Meta for scrapping fact-checks: 'Genuflecting to Donald Trump'
House Democrats are hammering Meta and its CEO, Mark Zuckerberg, after the company announced the platform-wide end of its fact-checking program. The lawmakers said the shift is part of a larger ...The Hill - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Dem support of immigration bill latest sign of vanishing Trump resistance
"There almost is a level of resignation it seems," said one former adviser.Politico - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Dem-aligned watchdog group accuses RFK Jr. of voter fraud
A Democratic-aligned watchdog group is accusing Robert F. Kennedy Jr., President-elect Trump’s pick to lead the Department of Health and Human Services (HHS), of violating election law last year. ...The Hill - Jan. 8 -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Free speech legal group to defend Iowa pollster Selzer in Trump lawsuit
The Foundation for Individual Rights and Expression (FIRE) announced on Tuesday their decision to represent an Iowa pollster entangled in a lawsuit with President-elect Trump stemming from a ...The Hill - Jan. 7 -
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France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1