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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...
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...
Storm-driven tax delays worsened California’s deficit. Newsom wants control over deadlines
Merced Sun-Star via AOL· 9 hours agoSevere storms delayed the tax deadline and are often blamed for the depth of California’s deficit....
Michael Hicks: US debt will change local economic development policies - The Republic News
The Republic News· 4 hours agoThe U.S. national debt is near its politically unsustainable level. County government, municipal government, schools, libraries and other local governments need to start planning now for a future ...
Gov. Gavin Newsom proposes painful cuts to close California's growing budget deficit
Newsday· 6 days agoCalifornia's budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin...
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...
Trump individual, estate tax cut renewal to cost $4.6 trillion
The Columbian· 7 days agoThe cost of extending the 2017 tax cuts for households, small businesses and the estates of wealthy individuals enacted under President Donald Trump has expanded to $4.6 trillion ...
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...
Biden Tax Plan’s Twin Challenges: Keeping His $400,000 Pledge and Paying for It
The Wall Street Journal· 6 days agoBiden’s attempt to raise revenue to pay for tax-cut expirations could be much tougher to achieve...
Biden's tax hikes could flip even a moderate
USA TODAY Opinion· 2 days agoOthers, like the right-leaning Heritage Foundation, think the tax cuts helped the government generate more tax revenue because the corporate tax ...