Trump Backs Key Senate Tax Plan Strategy in Struggle with House
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Senate Republicans push Trump for debt ceiling plan
The Louisiana senator has been tapped to consult with the president on a strategy for avoiding a federal default.Politico - 4d -
GOP senator says 'tariffs is a tax' and Trump understands 'completely'
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairnessThe Hill - 2d -
Trump-backed plan to fund government raises GOP concerns on defense
Republicans are raising concerns about what the Trump-backed strategy to stave off next week’s government shutdown threat could mean for defense programs for the next six months. President Trump ...The Hill - Mar. 8 -
House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’
House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and other aisle-hopping senators are ...The Hill - 1d -
Live updates: House sends funding bill to Senate; Ontario backs off power surcharge
Republicans in Congress are racing to pass a GOP stopgap funding bill by 11:59 p.m. Friday to avert a government shutdown. The House on Tuesday passed the measure 217-213, sending it to the Senate ...The Hill - 3d -
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.
As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.NBC News - 2d -
Behind Ontario's tax on electricity for the U.S.
Canada's Ontario province is charging a 25% tax on electricity sent to the U.S. as retaliation over President Trump's tariffs. CBS News' Shanelle Kaul spoke to Ontario's energy minister, Stephen ...CBS News - 5d -
Senate passes bill that seeks to keep D.C. government's use of local tax dollars intact
The government funding bill that's headed to the White House limits Washington, D.C.’s ability to fully use its local tax dollars. The Senate-passed measure aims to fix that.NBC News - 21h -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - 5d -
Live updates: Senate averts government shutdown; Trump lays out plan for DOJ
The Senate on Friday voted to avert a government shutdown, just hours before the midnight deadline. The stopgap funding bill bill, which narrowly passed the House earlier this week, triggered a ...The Hill - 22h -
House Democratic leader Jeffries pushes back on divisions with Senate Democrats
Even so, he declined to express support for Senate Democratic Leader Schumer.ABC News - 23h -
How House Republicans plan to keep the government funded
President Trump is endorsing a House Republican plan to keep the government funded until September through a continuing resolution. CBS News' Taurean Small reports.CBS News - 5d -
‘Not quite yet beautiful’: Republicans at odds over spending cuts after meeting Trump
Senate Republicans aren’t seeing eye to eye with their colleagues in the House over places to cut spending in order to pay for their extension of the 2017 Trump tax cuts. GOP members of the Senate ...The Hill - 23h -
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have “significantly” underpaid Medicare and Social Security taxes.NBC News - 2d -
Oversight Democrats launch review of crypto reserve 'poised to enrich' Trump
House Oversight Democrats are encouraging President Trump to abandon his plans for a crypto reserve, calling it a strategy to enrich himself at taxpayer expense. The reserve, announced by Trump ...The Hill - 2d -
Senators face ‘two difficult choices’ over crunch to avoid government shutdown, says Dem. senator
Sen. Jeff Merkley (D-Ore.) says on Meet the Press NOW he’s a “hell no” on the House bill as Senate Democrats debate strategy with a government funding deadline hours away.NBC News - 2d -
It’s ‘Maganomics’: Trump’s brash economic strategy is likely to end in crash or crisis | Jonathan Portes
Large tax cuts for the rich, import tariffs, and the competing interests of Republican nationalists and the techno-right is a dangerous combination. What connects Donald Trump’s approach to trade, ...The Guardian - 3d -
Senate Democrats appear ready to back down in government shutdown fight
Senate Democrats say the six-month government funding resolution that passed the House Tuesday is a “horrible” bill, but there’s growing sentiment within the Senate Democratic conference that it ...The Hill - 3d -
White House withdraws CDC nominee hours before Senate hearing
Trump officials say Weldon - an ally of RFK Jr - did not have the Senate votes necessary to be confirmed.BBC News - 2d -
Schumer backs down, Democrats seethe
In today's issue: Trump praises Schumer ... Progressives fume ... Senators’ game plan ... Tim Walz tours GOP districts {beacon} 12:30 REPORT It’s Friday. Happy Pi Day, my friends! 🥧🍕 Several ...The Hill - 1d -
Morning Report — Senate takes up spending bill; Trump backs off on Canada tariffs
In today’s issue: Three days before a government funding deadline, the House on Tuesday narrowly passed a party-line stopgap funding bill that would mostly keep government funding at current ...The Hill - 3d -
Trump's FDA nominee faces Senate questions after agency layoffs and resignations
Dr. Marty Makary will answer questions from a Senate panel about his plans to lead the Food and Drug AdministrationABC News - Mar. 6 -
Whole Hog Politics: Your way-too-early Senate race ratings
On the menu: Tariffs tax approval; Dems jockey for 2028 position; Elon-gated; Biden hemmed in Harris; a wild commute As Senate Democrats agonize over whether to help Republicans avoid a government ...The Hill - 1d -
Senate Democrats' impending choice: Shutdown or surrender
House Democrats say they won't vote for the House GOP's spending plan. Democrats across the Capitol aren't so sure.Politico - Mar. 7 -
The state and local tax deduction could change amid Trump's tax cuts debate. Here's what to know
The state and local tax deduction could change in 2025 as lawmakers debate Trump's tax cuts. Here's what to know.CNBC - 3d -
Judges Are Pushing Back on Trump’s Actions. Here’s a Look at Key Rulings.
Taken as a whole, the rulings represent an effort to thwart President Trump’s serial attempts to increase his power and the executive branch’s dominion over the government.The New York Times - 3d -
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump ...The Hill - 2d -
Democratic Party infighting exposes struggle to unite against Trump
Sharp divides over how to push back against Trump and Republicans have been laid bare in Congress, writes Anthony Zurcher.BBC News - 22h -
Protecting yourself from tax identity theft
Karla Dennis is an enrolled tax agent with KDA Incorporated, a tax strategy business. She joined CBS News to discuss how to protect yourself from someone stealing your identity and filing a tax ...CBS News - 4d -
These accounts can be the 'worst possible asset’ for retirement, expert says. Here's why
Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know.CNBC - Mar. 8 -
Trump downplays infighting between Elon Musk, Marco Rubio, other officials
President Trump is backing a House Republican plan to avert a government shutdown next week. He also played down reports of in-fighting in his Cabinet with advisor Elon Musk. Nikole Killion has the ...CBS News - 6d -
House Republicans push Trump-backed bill to avoid shutdown, sparking backlash
High-stakes vote puts GOP lawmakers at odds with Democrats over cuts to social services and military boosts. House Republicans are gambling on a near party-line vote on Tuesday to avoid a looming ...The Guardian - 4d -
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 5d -
Democrats push investigation into Trump, Musk White House Tesla event
Senate Democrats are seeking an investigation into President Trump and adviser Elon Musk's use of the White House to promote Musk's business interests, alleging a violation of federal ethics laws.The Hill - 2d -
House Republicans unveil spending bill boosting defense and trimming all else
Strategy is not likely to earn Democrats’ votes, so Trump is leaning on Republicans to force it through. US House Republicans unveiled a spending bill Saturday that would keep federal agencies ...The Guardian - Mar. 8 -
House Democrats hold annual retreat under specters of shutdown and Trump
House Democrats are spending three days in Leesburg, Virginia, for their annual retreat to plan their path forward as a partial government shutdown looms and Republicans advance President Trump's ...CBS News - 1d -
Dozens of House Democrats pen letters to Schumer urging him to reject CR
Dozens of House Democrats signed on to a pair of letters to Senate Minority Leader Chuck Schumer (D-N.Y.) on Friday, urging him to oppose the House GOP’s government funding bill as the upper ...The Hill - 1d -
Senate Democrats make their move in the shutdown fight: From the Politics Desk
The House’s passage of a Republican stopgap funding bill has put Senate Democrats in a bind: Either back a measure they disapprove of and give up some of the only leverage they will have on major ...NBC News - 2d -
Trump administration empties Guantánamo of migrants, flies all back to US
The Trump administration’s plans to detain migrants in Guantánamo Bay, Cuba, hit another roadblock this week after all 40 such individuals held there were sent back to the United States, with no ...The Hill - 2d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - 2d