US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
CBO projects deficits will sharply rise if Trump tax cuts made permanent
New projections from Congress’s official legislative scorer show deficit levels will explode if the Trump tax cuts are made ...
Republicans split on spending cuts, Medicaid as they seek path forward on Trump tax cuts
Congressional Republicans, under pressure to move forward on President Donald Trump's tax cut and border security agenda, are ...
The Budget Trick the G.O.P. Might Use to Make a $4 Trillion Tax Cut Look Free
How much does a tax cut cost? It depends what you compare it to.
Georgia lawmakers give final passage to state income tax cuts and rebates
Georgians are on track to get another state income tax rebate and a further income tax rate cut. The state Senate on Thursday ...
Austin American-Statesman on MSN7d
Karoline Leavitt says tariffs are ‘a tax cut.’ Economists say they aren’t.
Statement: “Tariffs are a tax cut for the American people.” When Associated Press reporter Josh Boak asked about tariffs in ...
WA state workers slam furloughs, other pay cut plans, claiming they are a ‘tax on state employees’
I value their feedback on our budget situation, and welcome any thoughts they have on how we can close the $16 billion budget ...
The Fiscal Times5d
Extending Trump Tax Cuts Would Explode the Debt: CBO
Here's what's happening as we head into the weekend. Extending Trump Tax Cuts Would Explode the Debt by Almost 50%: CBO Permanently extending the 2017 tax cuts as Republicans want to do would ...
American Farm Bureau Federation2d
Farmers and Ranchers Need Tax Cuts and Jobs Act Extended
Smith: The 2017 Tax Cuts and Jobs Act is set to expire this year if Congress doesn’t take action. Dustin Sherer, director of ...
MS tax cuts stalled. At issue are different philosophies on fixing state retirement system
Lt. Gov. Delbert Hosemann said he won't consider a tax cut if the legislature doesn't pass benefit reforms for future state ...
Civil service to be ordered to cut more than £2bn from budget - as Reeves rules out tax rises in spring statement
The FDA union says the government needs to be honest about the move, set to be announced by chancellor next week, and the ...
WABE1d
Georgia legislature passes income tax cut, rebate and military exemption
The Georgia State Senate passed several tax measures this week, including a bill lowering state income tax that received ...