Republicans gear up for the coming battle over $5 trillion tax cut's costs

Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.

Business - CNBC - Yesterday

5 obstacles Republicans will face on the road to tax cuts

Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...

Politics - The Hill - 6 days ago

Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?

Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.

Business - The New York Times - 4 days ago

House, Senate GOP battle over length of Trump tax cut extension

House Republicans are pushing back on Senate GOP negotiators over how long to extend President-elect Trump’s tax cuts, which are due to expire at the end of 2025. Sources familiar with the early ...

Politics - The Hill - Yesterday

Trump, Harris tax-break costs soar to more than $12 trillion

Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...

Business - MarketWatch - October 29

Republicans gear up to take control of Washington

Plus, Trump’s eyebrow-raising pick for defence secretary

World - Financial Times - November 14

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

Business - MarketWatch - October 29

How Trump and Republicans could pay for new tax cuts

President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...

Politics - The Hill - November 19

Deutsche’s private bank fires over 100 bankers in cost-cutting drive

Frankfurt-headquartered lender has imposed demanding targets on underperforming unit

Business - Financial Times - November 11

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - November 8

Republicans clinch control of House, setting stage for quicker action on extending tax cuts

Republicans are poised to keep their hold on the House in the new year, as the AP just called enough House races in their favor. Having scored a sweep in this month’s election, the party is ...

Business - MarketWatch - November 14

GOP tax battle rages

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Tax battle brewing among Republicans over debt fears President-elect Trump's ...

Politics - The Hill - November 12

Trump win sets up GOP battle between deficit hawks, tax cutters

President-elect Trump’s election win is setting up a fight among Republicans over cutting taxes and reining in the deficit as the party inches toward control of both chambers of Congress. ...

Politics - The Hill - November 12

Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill

Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.

Business - CNBC - November 4

Trump up by 5 points over Harris in Texas survey

Former President Trump is leading Vice President Harris by 5 points among likely voters in Texas, according to a new survey. The poll, released Tuesday from the University of Texas at Tyler (UT ...

Politics - The Hill - October 30

Musk draws skepticism with call for $2 trillion in spending cuts

Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...

Politics - The Hill - November 3

Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

Halloween festival ends in carnival atmosphere

The four-day programme of events came to a close with a parade and riverfront fireworks display.

Making Fun of Men in China Comes at a Cost

Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.

World - The Wall Street Journal - November 11

5 hidden costs of carrying credit card debt

These hidden costs are just as damaging — if not more so — than credit card interest and fees.

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Orlando Bloom gets caught up in Katy Perry’s legal battle with 1-800-Flowers founder over $15 million real estate deal

Bloom has been asked to testify in a trial next year in which Perry seeks damages from a man whose mansion she purchased in 2020.

Business - MarketWatch - November 15

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - October 30

Musk’s ‘DOGE’ commission wants to cut trillions in government spending. Social Security and Medicare make prime targets.

Voters said they’ve had enough hardship. But Elon Musk says more is needed.

Business - MarketWatch - 3 days ago

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

Business - CNBC - October 31

Michigan, Pennsylvania, and North Carolina residents gearing up for historic election

Residents in Michigan, Pennsylvania and North Carolina are gearing up for a historic election and are working to encourage others in their community to vote.

Companies rush to US bond market as Trump rally cuts borrowing costs

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

Business - Financial Times - November 15

Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans

Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK business

Business - Financial Times - November 15

Deeply polarised Poland gears up for make-or-break election

Next May’s presidential vote is in effect a referendum on whether Donald Tusk’s government can rule freely. Donald Tusk’s government in Poland is gearing up for a crucial presidential election next ...

World - The Guardian - Yesterday

Retiring to another state for lower taxes? The hidden costs you need to know.

Moving can work out well financially, but there are some expenses that you may be overlooking

Business - MarketWatch - November 9

Have Paychecks Kept Up With the Cost of Living?

On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”

Business - The New York Times - October 28

Ukrainian Soldiers Say Trump's Peace Push Could Come With a Huge Cost

A rapid conclusion to the war now would likely leave Kyiv with the rough end of the deal.

World - The Wall Street Journal - November 8

Battle for control of House after Republicans take Senate, White House

CBS News has projected former President Donald Trump will return to the White House as Republicans also gain control of the U.S. Senate. All eyes are now on the battle for control of the House of ...

Republicans quickly battle to replace Stefanik in House GOP leadership

Republicans began scrambling to replace Rep. Elise Stefanik (R-N.Y.) as House GOP conference chair almost immediately after news broke that President-elect Trump had picked her to serve at the ...

Politics - The Hill - November 11

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