Latest in Rep. Don Bacon on Trump's proposed tax cuts, economic relief
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Trump proposes ‘clean out’ of Gaza population
US president urges Egypt and Jordan to take in people from ‘demolition site’Financial Times - 6h -
Why Trump should forget about corporate tax cuts in his first 100 days
Corporate tax cuts are inflationary and could spell trouble for Republicans in the 2026 election.MarketWatch - 1d -
Rep. Don Bacon on Trump's proposed tax cuts, economic relief
On Wednesday, President Trump met with three House Republicans who kept their seats in districts that former Vice President Kamala Harris won. One of those lawmakers, Rep. Don Bacon of Nebraska, ...CBS News - 2d -
Paying for Trump's tax cuts could lead to big changes for taxpayers
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.CBS News - 2d -
Proposed GOP spending cuts a ‘shell game,’ says House top Budget Committee Dem
Rep. Brendan Boyle (D-Pa.) joins Meet the Press Now to discuss Republican efforts to raise the debt limit and potential spending cuts to finance President Trump’s agenda.NBC News - 2d -
Trump’s new economic war
The president’s ultimatums and demands on allies and rivals suggest he will use America’s financial might as a cudgelFinancial Times - 2d -
Trump: 'We have to get Democrats' to approve tax cuts
President Trump said Thursday he’s working with Democrats on extending and building off of his 2017 tax cuts — one of the top legislative priorities for Republicans, who are split on many of the ...The Hill - 3d -
What Republicans Could Cut to Pay for Trump’s Tax Cuts: Medicaid and More
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.The New York Times - 3d -
Trump to appear virtually at the World Economic Forum
Trump to appear virtually at the World Economic ForumNBC News - 3d -
Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - 4d -
Latest news on Trump's immigration, economic policies
President Trump's executive orders are reshaping federal policies on immigration and border security. CBS News' Omar Villafranca reports from the U.S.-Mexico border. Also, CBS MoneyWatch ...CBS News - 5d -
Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.
President Donald Trump has long proposed cutting Medicaid, which covers healthcare for lower-income Americans.MarketWatch - 5d -
Rep. Yassamin Ansari on skipping Trump inauguration
Rep. Yassamin Ansari (D-Arizona) opted not to attend the inauguration ceremonies for President Trump on Monday. Ansari joined CBS News to discuss her decision and Mr. Trump's second term.CBS News - 5d -
Trump addressing World Economic Forum Thursday
President Trump is expected to address attendees via a live video feed at the World Economic Forum in Davos, Switzerland, on Thursday. Patrick Foulis, foreign editor for the Economist, joined CBS ...CBS News - 5d -
Breaking down Trump's expected economic impact
President Trump's economic impact could be determined by his take on big tech, immigration policies and cryptocurrencies. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 6d -
The Trump Memecoin’s ‘Money-Grab’ Economics
When he launched his own cryptocurrency, Donald Trump produced unimaginable wealth from thin air. But it will come at a cost to someone.Wired - 6d -
Majority favors Trump proposal to end taxes on tips: Survey
A majority of Americans favor President-elect Trump’s proposal to end taxes on tips, according to a new survey. In the poll from The Associated Press-NORC Center for Public Affairs Research, 54 ...The Hill - 6d -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - Jan. 17 -
Trump announces White House economic policy team
The White House National Economic Council advises the president on U.S. and global economic policy.CNBC - Jan. 17 -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - Jan. 17 -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - Jan. 16 -
GOP rep to reintroduce bill to eliminate taxes on overtime pay
A Republican House member is reintroducing legislation Wednesday that would eliminate taxes on overtime pay, an idea that has gained momentum among some lawmakers after President-elect Trump touted ...The Hill - 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 -
OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - Jan. 13 -
Mafia Don? Trump and other presidents who flirted with the mob
A new book looks into the complicated relationship between the mob and the White House from Roosevelt to Biden. As a veteran of the crisis management business , Eric Dezenhall knows a thing or two ...The Guardian - Jan. 13 -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - Jan. 13 -
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 -
GOP rep suggests California relief aid should be withheld over state policies
Rep. Warren Davidson (R-Ohio) said he believes Congress should withhold disaster relief funds from California in the wake of Los Angeles wildfires until environmental policy changes are made by the ...The Hill - Jan. 12 -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - Jan. 10 -
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 -
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 -
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 -
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 -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 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 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
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 -
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