Trim taxes or build bridges debate rolls on
The debate over cutting taxes versus increasing infrastructure spending centers on long term effects and party lines. Trump backs a temporary tax overhaul, while economists warn both options have limits amid a growing economy and low unemployment.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
Congress
Trump
Barack Obama
Neil Dutta
U.S
Renaissance Macro Research LLC
New York
Federal Reserve
Janet Yellen
Trump Uses Chaos Strategy On Health Care And Iran Deal
President Trump deploys disruption to derail Obamacare funding and to pressure Congress over the Iran nuclear accord. He halts payments to insurers, prompting premium risk. he also rescinds certification of the Iran deal while urging new conditions, prompting mixed reactions from lawmakers, allies, and opponents.
MENTIONED IN THIS ARTICLE
Trump
Ivan
Washington
Donald Trump
Barack Obama
Iran
Congress
U.S
Tehran
Charlie Dent
R-Pa
Mark Warner
D-Va
West
Obama
Capitol Hill
Battle over state and local tax deduction splits GOP factions
Republicans face intra party clash over eliminating the state and local tax deduction with New Jersey and New York lawmakers alarmed, while Democrats argue it hurts middle class. Roll Call analysis shows higher earners benefit most, with impact varying by income level and potential offset by higher standard deduction and child tax credit.
MENTIONED IN THIS ARTICLE
Washington
U.S
New Jersey
New York
Tribune News Service
Senate
Orrin G. Hatch
Leonard Lance
Jared Walczak
Tax Foundation
Bob Casey
D-Pa
Internal Revenue Service
IRS
Patrick J. Toomey
R-Pa
Chuck Schumer
Chamber
Walczak
Senate Republican Conference
John Thune
GOP
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Harrisburg
Japan
George W. Bush
Bill Clinton
Hillary Clinton
Treasury
Steven Mnuchin
Bloomberg News
White House
Washington, D.C
Ron Wyden
D-Ore
Jack Site Insurance
Opportunity Way
LaGrange, OH
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