With divided government, getting family-leave or sick-day bills out of Congress and to the president is highly unlikely before the 2020 election.
The Democratic plan received one more vote than the Republican proposal.
Tax cuts have had a greater impact on companies than on individuals.
A few GOP lawmakers are bucking the party line by backing a tax on CO2 emissions.
Today is the deadline for congressional candidates to file year-end finance reports with the Federal Elections Commission. So far, it’s been a record-breaking fundraising year for Republicans. Click the audio player above to hear the full story.
President Donald Trump, at a bipartisan meeting on immigration yesterday, voiced support for earmarks – the system, effectively banned by the GOP back in 2010, which allowed members of Congress to attach special language to funding bills to direct money to their pet projects. How did earmarks get such a bad reputation in the first […]
It's the first major tax overhaul since 1986.
The tax advantages of home ownership would likely be available to wealthier taxpayers, and high tax regions would take the biggest hit.
House and Senate negotiators agreed on the framework of the GOP tax bill this morning. We know some things about it. The bill will lower the corporate income tax rate to 21 percent. It will let people deduct some state and local taxes. It will lower the top individual income tax rate. President Donald Trump […]
Some Capitol Hill lawmakers say a rushed tax bill is not such a big deal, because a technical corrections bill can happen early next year. But given the uncertain nature of today’s politics, that could be harder or take longer than expected. Click the audio player above to hear the full story.