Latest in Trump Tax Cuts
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Republicans moving ahead with Trump's 'big' bill of tax breaks and spending cuts
After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cutsABC News - 1h -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 1d -
Schumer on Trump's new tariffs: A 'huge tax on American families' to 'help billionaires get a tax cut'
Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday slammed President Trump’s sweeping new tariffs, calling them a “huge tax” on the average American family. “This is a huge tax on American ...The Hill - 1d -
Senate Republicans eye budget vote amid growing fight over Trump tax cuts
Eying a vote on a multitrillion-dollar budget blueprint this week, Senate Republicans are considering a far-reaching move to that would set a $0 cost for making President Donald Trump’s tax cuts ...NBC News - 2d -
Senate advances blueprint for Trump tax cuts, other top priorities
The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump's tax agenda and other top priorities. Senators voted 52-48 to kick off ...The Hill - 9h -
GOP tax proposals could add $9 trillion to nation’s deficits: Analysis
A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits over the next decade without offsets, a recent analysis from the Peter G. ...The Hill - 2d -
Senate Republicans set to bypass parliamentarian on Trump tax cuts
Republicans are set to make the audacious play of bypassing the Senate parliamentarian and moving forward with a budget resolution based on a scoring baseline set by Budget Committee Chair Lindsey ...The Hill - 1d -
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, beautiful bill” encompassing tax cuts, border security and energy ...The Hill - 1d -
Senate budget blueprint empowers GOP chair to decide if Trump tax cuts add to deficit
Senate Republicans on Wednesday unveiled a 70-page budget resolution that they say would give Senate Budget Committee Chair Lindsey Graham (R-S.C.), a staunch ally of President Trump, the power to ...The Hill - 1d -
What Trump says he's trying to accomplish with tariffs
President Donald Trump contends tariffs will pay for tax cuts, lower foreign trade barriers, revive U.S. factories, curb fentanyl and reduce the national debt.CNBC - 10h -
4/3: CBS Evening News Plus
World reacts to Trump's mass tariffs; Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy costCBS News - 2h -
5 things to know about Republicans’ new blueprint to pass Trump's agenda
Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to ...The Hill - 1d -
Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.Wired - 1d -
As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrier
"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.CNBC - 3d -
Pence on Trump tariffs: 'Largest peacetime tax hike in U.S. history'
Former Vice President Mike Pence warned about the economic and political risks of the Trump administration’s sweeping reciprocal tariffs on other nations, calling them the “largest peacetime tax ...The Hill - 15h -
Trump’s tariffs are ‘taxes’ and are ‘hurting the American people,’ says Democratic lawmaker
Rep. Steven Horsford (D-Nev.) joins Meet the Press NOW to discuss the fallout from President Trump’s sweeping tariffs. He calls the tariffs a “tax” that will cause Americans to pay more.NBC News - 12h -
GOP rep says 'tariff is a tax': 'No question'
Rep. Pete Sessions (R-Texas) on Monday said a “tariff is a tax,” a day before the Trump administration’s imposition of “Liberation Day” reciprocal tariffs. In Sessions’s appearance on “CNN News ...The Hill - 2d -
Trump administration ramps up threat to cut school funding over DEI
The Trump administration threatened to cut school funding if states don’t certify that they do not have unlawful diversity, equity and inclusion practices.NBC News - 10h -
Trump's aid cuts may be delaying U.S. response to Myanmar quake
The U.S. is largely absent from the international response to a devastating earthquake in Myanmar amid President Donald Trump's deep cuts to foreign aid.NBC News - 3d -
Senate Democrat will block Trump’s VA nominees to protest cuts
Sen. Ruben Gallego (D-Ariz.) says he will put a hold on President Trump’s nominees to lead the Department of Veterans Affairs to protest cuts at the agency that provides lifelong healthcare ...The Hill - 2d -
Trump administration cuts 10,000 HHS jobs to downsize bureaucracy
In an effort to cut spending, the Trump administration laid off 10,000 federal workers from the Department of Health and Human Services. Meanwhile, in a symbolic move, Democratic Senator Cory ...NBC News - 2d -
Here's how cuts at NIH could impact cancer patients
The Trump administration's cuts to the National Institutes of Health has some worried about stalls in research and medicine.CBS News - 13h -
Widespread job cuts begin at health agencies
Layoffs began widely Tuesday morning at the Department of Health and Human Services as the agency sets out to cut some 10,000 full-time jobs as the Trump administration works to drastically shrink ...NBC News - 2d -
Trump administration cutting some funds to Planned Parenthood
The Trump administration will withhold some federal funding from Planned Parenthood beginning Tuesday, potentially making it harder for Americans to access birth control, cancer screenings, and ...The Hill - 3d -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 3d -
How HHS job cuts will impact how government handles disease prevention
The Trump administration carried out mass layoffs across the Department of Health and Human Services aiming to cut around 10,000 full-time jobs. NBC News’ Gabe Gutierrez details how this could ...NBC News - 2d -
Trump Import Taxes Could Fall Heaviest on the Midwest and Southeast
The Richmond Fed says manufacturers in those regions could bear the brunt of the consequences, with net job losses.Inc. - 1d -
Trump Aid Cuts End Contraception Access for Millions of Women
The United States was a key supplier of contraceptives in many developing countries. The Trump administration has ended that support.The New York Times - 2d -
Trump’s U.S.A.I.D. Cuts Hobble Earthquake Response in Myanmar
While China, Russia and other nations have rushed emergency response teams to the devastated country, the U.S., once a leader in foreign aid, has been slow to act.The New York Times - 4d -
Trump Administration Demands Additional Cuts at C.D.C.
In addition to reductions in agency personnel, federal regulators are demanding $2.9 billion in contract cancellations.The New York Times - 21h -
Trump chaos is alienating Republicans
Outside of the Maga ecosystem, bad economic news is starting to cut throughFinancial Times - 5h -
What are reciprocal tariffs, and why does Trump want to impose them?
President Trump announced reciprocal tariffs today on a number of other countries. Here's what to know about these import taxes.CBS News - 1d -
Trump administration cuts tens of millions of dollars from Planned Parenthood – live
HHS reportedly gives organization 10 days to prove that they’ll comply with orders that ban DEI and other initiatives. Immigration remains a strength for Donald Trump, but his handling of tariffs ...The Guardian - 3d -
Trump's new tariffs set to go into effect amid widespread job cuts
President Donald Trump is set to unveil his long-promised reciprocal tariffs on foreign adversaries and allies that are set to go into effect immediately once they are announced on Wednesday. It ...NBC News - 1d -
Consulting firms offer concessions in Trump spending clampdown
Companies including Accenture and Deloitte identify at least $15bn worth of potential cutsFinancial Times - 3d -
Threats, calls for negotiations in wake of Trump tariffs
Countries around globe have responded to President Trump's latest tariffs with either threats of retaliation or calls for negotiation. Trump on Wednesday imposed a 10-percent base tax on all goods ...The Hill - 20h -
'We have to protect this country': Here's what Trump hopes to accomplish with tariffs
In President Donald Trump's second term, he has foregrounded tariffs in a more significant way, but he's been a big proponent of import taxes since the 1980s.CNBC - 1d -
Trump levies tariffs on uninhabited islands
President Trump, as part of his expansive package of new tariffs, levied taxes on a number of uninhabited or sparsely populated islands that have little-to-no exports. The announcement of new ...The Hill - 17h
