Search results
Top Biden aide highlights upcoming tax showdown with GOP over 2017 cuts that are due to expire
ABC News· 6 days agoLael Brainard, director of the White House National Economic Council, will deliver remarks at the...
Biden, Trump face 'massive tax cliff' amid budget deficit, experts say
CNBC· 2 days agoThe next U.S. president will face trillions in expiring tax breaks. While President Joe Biden and...
Trump and Biden are competing to quarterback the Super Bowl of tax policy
Semafor via Yahoo Finance· 6 hours ago(Most mainstream economists disagree). “It’s important to recognize that the Trump tax cuts did not...
Gov. Gavin Newsom proposes painful cuts to close California's growing budget deficit
Fox 26 News· 6 days agoCalifornia's budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin...
Newsom plans to slash 10,000 vacant state jobs to help close $27.6 billion deficit
AOL· 6 days agoCalifornia has a budget deficit of $27.6 billion, Gov. Gavin Newsom announced Friday — a gap so wide that he’s proposing cutting 10,000 vacant state jobs and suspending some ...
Storm-driven tax delays worsened California’s deficit. Newsom wants control over deadlines
Sacramento Bee via AOL· 15 hours agoSevere storms delayed the tax deadline and are often blamed for the depth of California’s deficit....
SLO County faces $15.6 million budget deficit. Here’s how it plans to close the gap
San Luis Obispo Tribune via Yahoo Finance· 21 hours agoSo the county is looking at a variety of measures it can take to close the gap. The deficit resulted...
Tax revenue jumps 22% in April, but U.S. deficit still looms large
NPR· 6 days agoSpeaking at the Brookings Institution Friday, White House economic adviser Lael Brainard blamed much...
Extending Trump tax cuts would add $4 trillion to deficit, CBO says
The Center Square· 7 days agoExtending the individual income tax provisions of the 2017 tax act would add $3.3 trillion in...
Brace for big tax hikes in 2026 unless Congress acts
Reason.com· 3 days agoMost Americans face tax hikes starting in 2026, and the increased federal tax bite will come about without Congress lifting a finger. The end of