Here Are 9 States Cutting Their Individual Income Taxes on Jan 1
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Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their legislative agenda as disagreements over budget cuts look set to hamstring ...The Hill - 46m -
USAID to merge into State Department with major budget cuts
The U.S. Agency for International Development will be folded into the State Department, sources tell CBS News. CBS News senior White House reporter Jennifer Jacobs has the latest.CBS News - 1d -
To help pay for Trump tax cuts, new taxes on worker benefits become GOP target
The GOP Congress is looking at including employer-provided benefits like free transportation, food and gyms as taxable income as a way to pay for tax cuts.CNBC - 2d -
Lakers, 1-9 in 'city' jerseys, ditch alternate kit
The Lakers opted for a wardrobe change for Saturday's game against the Knicks, ditching their "city edition" uniform after falling to 1-9 in those jerseys.ESPN - 3d -
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 4d -
Modi government rolls out tax cuts in effort to stimulate growth
Sweeteners for middle classes aimed at reinvigorating the world’s fifth-biggest economyFinancial Times - 4d -
English farmland could be cut by 9% to hit green targets
The government's launches a consultation on converting farmland to woodland and wild habitats.BBC News - 4d -
Dems launch group to hit Trump on tax cuts
Organizers say the nonprofit will be backed by an eight-figure funding campaign.Politico - 6d -
Tax season has opened: Here are key things to know before you file your taxes
The 2025 tax season opened for individual filers on Jan. 27. Here are some key things to know before filing your return.CNBC - Jan. 28 -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - Jan. 28 -
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 - Jan. 24 -
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 - Jan. 24 -
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 - Jan. 23 -
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 - Jan. 23 -
Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - Jan. 22 -
Investors may be able to file taxes for free this season. Here's who qualifies
This season, investors may have more options to file taxes for free. Here's who is eligible for the programs.CNBC - Jan. 22 -
Here’s What Looming Tax Hikes Could Mean for Small-Business Owners
The 20 percent Small Business Deduction has been the “single most beneficial tax deduction for small-business owners,” says one accountant.Inc. - Jan. 22 -
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 - Jan. 21 -
Here’s the No. 1 Thing to Know About Starbucks and Bathrooms
Talk about a universal customer problem.Inc. - Jan. 21 -
Transcript: Incoming National Security Adviser Mike Waltz on "Face the Nation with Margaret Brennan," Jan. 19, 2025
The following is the full transcript of an interview with Rep. Mike Waltz, incoming Trump administration national security adviser, on "Face the Nation with Margaret Brennan" that aired on Jan. 19, ...CBS News - Jan. 19 -
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 -
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 -
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 -
Here's how the child tax credit could change in 2025
The increased child tax credit could expire after 2025 without action from Congress. Here's what families need to know.CNBC - Jan. 16 -
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 -
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 -
Ohio State favored by 9 1/2 points over Notre Dame, 2nd-largest spread in CFP title game history
Ohio State is favored by 9 1/2 points over Notre Dame in the College Football Championship national title gameABC News - Jan. 11 -
Trump’s Day 1: Incoming president looks set to act on tariffs, crypto, energy and immigration
On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. ...MarketWatch - Jan. 11 -
Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep
Income-tax refunds averaged more than $3,100 last year. How much will they be this year?MarketWatch - 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 -
Here's when you can start filing your 2024 tax returns
The new tax season is here. Read on to learn when you can file your 2024 tax return and get your refund.CBS News - Jan. 10 -
1/9: CBS Evening News
Los Angeles officials face questions, criticism as out-of-control wildfires continue to rage; How to help Southern California wildfire victimsCBS News - Jan. 10 -
"CBS Evening News" headlines for Thursday, Jan. 9, 2025
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."CBS News - Jan. 9 -
Jan 9: CBS News 24/7, 1pm ET
California wildfires death toll rises to five; Abortion restrictions in conservative cities get struck down by New Mexico Supreme Court.CBS News - Jan. 9 -
Ohio State vs. Oregon odds, prediction: 2025 college basketball picks, Jan. 9 bets by proven model
SportsLine's model just revealed its college basketball picks for the Oregon Ducks vs. Ohio State Buckeyes on ThursdayCBS Sports - 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 -
At least 9 miners are trapped in a coal mine in India's northeastern Assam state
At least nine workers are trapped inside a coal mine in India’s northeastern Assam state and authorities have summoned the army to help in the rescue operationABC News - Jan. 7 -
Jeffries: Jan. 6 rioters weren’t ‘peace-loving individuals’
House Minority Leader Hakeem Jeffries (D-N.Y.), on the fourth anniversary of the Capitol riots, said the Jan. 6 protesters were not “peace-loving individuals.” “The thugs who were part of the ...The Hill - Jan. 6 -
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