Latest in Trump's tax cuts are 'stuck in the mud' as Republicans split over spending
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Trump claims U.S. "split the atom." New Zealand says that's false.
After President Trump's claim, a mayor in New Zealand pointed out that work to split the atom was actually pioneered by physicist Ernest Rutherford.CBS News - Jan. 21 -
Republicans kick off race to confirm Trump nominees
Senate Republicans are kicking off their race to quickly confirm President Trump’s Cabinet nominees, and they’re starting with his national security team. Senators began Monday evening by ...The Hill - Jan. 21 -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
‘That’s the one thing we did’: New Zealand irked by Trump’s false claim US split the atom
Mayor says he will invite incoming US ambassador to visit the memorial to Sir Ernest Rutherford, the New Zealander who split the atom in a British laboratory . New Zealanders are not typically ones ...The Guardian - Jan. 21 -
Democrat, Republican react to Trump's inauguration address
Two voters and friends who have spoken to CBS News in the past about their political differences break down their reactions to President Trump's inauguration address. CBS News' Gayle King spoke to ...CBS News - Jan. 20 -
Republicans face a high-stakes clash over Trump's legislative agenda
Donald Trump will take the oath of office in the midst of a growing feud among congressional Republicans over how to deliver on his policy agenda.NBC News - Jan. 20 -
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 - Jan. 20 -
Can Trump handle the new Republican factions?
The party is united in personal loyalty to the president-elect, but it is now made up of multiple groups with very different agendasFinancial Times - Jan. 20 -
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 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
Republican states sue EPA over ‘methane fee’ implementation
A group of 23 Republican-led states is suing the Biden administration over its implementation of a fee for excess methane emissions imposed on the oil and gas industry. The fees were written into ...The Hill - 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 -
How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.Inc. - 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 -
Vought nomination signals bruising spending wars under Trump
The Senate’s confirmation hearing of Russell Vought, one of Washington’s staunchest advocates for cutting spending, offered a preview Wednesday of the bruising spending wars likely to consume ...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 -
Asian Americans prioritize immigration under Trump, but are split on mass deportations
Immigration is an issue that many Asian Americans, Native Hawaiians and Pacific Islanders want the government to focus on this year, but they are sharply divided on what actions President-elect ...NBC News - 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 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 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 -
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 -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - Jan. 12 -
Split emerges among U.S. spy agencies over mysterious 'Havana syndrome'
A split has emerged between U.S. spy agencies over whether a foreign adversary may be responsible for “Havana Syndrome” injuries to Americans stationed overseas.NBC News - 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 -
Legal fight over €2.5bn worth of aircraft stuck in Russia plays out in Dublin
World’s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasion. Sitting in a nondescript building near the high court in Dublin, about 40 ...The Guardian - Jan. 10 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - 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 -
Trump to host Republican governors at Mar-a-Lago
President-elect Trump is hosting a slew of Republican governors at his Mar-a-Lago estate on Thursday night, seeking to get state leaders on the same page before he takes office later this month. ...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 -
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 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 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 -
Republican v Republican: can Trump play peacemaker within his own party?
The president-elect’s intervention in Mike Johnson’s speakership win was a sign of his power over the party – but it was only the first test of many. Donald Trump to the rescue.. With Mike ...The Guardian - 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