Trump Revives Push for Higher Taxes on the Rich
The president is said to want to create a new top income bracket for people making more than $2.5 million per year and to tax income above that level at a rate of 39.6 percent.
Tax Cuts and Jobs Act (2017)
Republicans Wrestle With Trump’s Demands for Tax Cuts
House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.
Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
A draft document outlines steep cuts or the elimination of funding for programs that provide child care, housing assistance, foreign aid and health research.
Republicans Want to Make the Trump Tax Cuts Last Forever
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.
Senate Wades Into All-Night Vote-a-Thon as Republicans Push Through Budget Plan
With Republicans driving toward a vote on their tax and spending cut blueprint, Democrats plan to force them to cast politically painful votes on every element of President Trump’s agenda.
Republicans Plan to Skirt Senate Rules to Push Through More Tax Cuts
Senate G.O.P. leaders are planning to use what is known as the “nuclear option” to steer around the Senate’s in-house referee and allow the use of a gimmick that makes trillions of dollars in tax cuts appear to be free.
GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor
The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.
Markets and Corporate America Are Unfazed by Washington Chaos, for Now
The federal budget debate has big implications for the economy. Businesses are betting that tax cuts will be extended and the math will work out.
Trump Says Medicaid Won’t Be ‘Touched.’ That Would Make It Hard to Extend Tax Cuts.
The math doesn’t seem to work with the House budget proposal, and the president’s record shows a consistent openness to Medicaid cuts.
Here’s What to Know About Congressional Republicans’ Budget Plans
The Senate is debating a fiscal blueprint that would pave the way for part of President Trump’s domestic policy agenda, while the House is on a separate track.