Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
A poll found that 38 economists agree the GOP tax plan will not pay for itself through growth. In fact, they're doubtful that growth will happen anyway.
Tax cuts
How Republicans Can 'Shoehorn' Temporary Tax Cuts In For Good
The White House budget director said the Senate GOP bill cuts individual rates for just eight years to "game the system" and hopes those cuts become permanent. It happened before, sparking a crisis.
House Approves GOP Tax Overhaul, With Senate Outlook Uncertain
The GOP measure would sharply reduce corporate tax rates and double the standard deduction many individuals take. Senate Republicans have their own bill, which could pass a committee vote on Friday.
Without CEO Panels, Is Trump Administration Missing Their Views?
Three months ago, President Trump ended both his business advisory councils. Without reconstructing any of the boards, White House says the administration is talking to business leaders informally.
GOP Tax Cuts Expected To Push Up Nation's Debt
Both tax proposals in the House and the Senate would add about $1.5 trillion to the nation's deficit over the next 10 years. That's a big concern for many economists and some lawmakers.
Republicans Move On Tax Overhaul In House And Senate
The House Ways and Means Committee is expected to approve a sweeping plan to cut taxes for most individuals and businesses. Senate Republicans are set to unveil their own vision for taxes.
Republicans Outline Biggest Tax Code Overhaul In A Generation
After months of private negotiation, President Trump and GOP congressional leaders have revealed the outline of their tax plan. It calls for cuts in both individual and corporate tax rates.
Analysis Projects Possible $1B Gap; GOP Says It Won't Happen
A report says the new North Carolina state budget could contribute to $1 billion in annual shortfalls by 2020.
Who Would Enjoy Tax Breaks Under The GOP Health Care Proposals?
The GOP health bills would eliminate many of the taxes that help pay for coverage under the Affordable Care Act. Wealthy individuals stand to gain the most. And customers of tanning salons.
Will My High Premiums Go Down? More Q&A About The GOP Health Plan
We're answering more questions about the Republican plan to overhaul the Affordable Care Act, including what the proposed changes would mean for healthy young people and for taxes.