When President Donald Trump heads to Pennsylvania on Wednesday, he’ll be speaking to a crowd of business leaders and local officials, with a backdrop of large trucks.
President Donald Trump said Tuesday that his ongoing feud with Sen. Bob Corker will not hurt his chances at passing tax reform legislation in the Senate, where Republicans hold a narrow two-seat majority.
A public feud between President Donald Trump and influential fellow Republican Bob Corker could narrow the path for a tax overhaul in the U.S. Senate, where a Republican go-it-alone effort is already showing signs of disunity.
For many Americans living on the coasts — or working in Silicon Valley or finance — the recession of 2008-2009 may seem little more than a distant memory. But for many other Americans, the last 10 years have been a lost decade, where the economy stumbled and opportunities declined. They suffered through stagnant paychecks, a lack of steady work and retirement that slipped further away by the day.
The release of the Big Six tax reform framework has been, as a whole, an encouraging development. From what we know so far, Congress looks set to finally simplify the tax code and reduce taxes, a winning combination that will ease compliance burdens while putting money back in the pockets of middle-class Americans.
It’s crunch time for Republicans as they work toward releasing legislation to overhaul the tax code — a key priority to deliver after their failure to repeal ObamaCare.
Tension is emerging between Republicans over their tax reform plan, as they made progress this week by passing a budget in the House and advancing a budget out of the Senate Budget Committee.
Easing taxes on manufacturers and other businesses is critical to helping America remain competitive in an increasingly global economy, House Speaker Paul Ryan said Thursday during a visit to a century-old manufacturing business on Maryland’s Eastern Shore.
President Donald Trump will host a roundtable with American manufacturers on Friday, where he is expected to continue advocating for the GOP’s tax reform effort as Congress takes its first steps toward advancing the overhaul.
President Trump has wisely pivoted to tax reform. Success would boost economic growth toward 3% a year, and millions of Americans would see their incomes rise. But discussion of reform’s growth benefits is getting short shrift relative to critics who fail to grasp economic changes.