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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...
Billionaires Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt
CNN Business via Yahoo Finance· 4 hours agoLast month, the IMF said the high... Truss. In that instance, investors effectively rejected the UK...
Here are some options to reduce taxes on your savings interest this year
CNBC· 27 minutes agoCarolina. If you're a higher earner, you may consider municipal bonds, muni bond funds or muni money...
Gov. Gavin Newsom proposes painful cuts to close California's growing budget deficit
Newsday· 7 days agoCalifornia's budget deficit is at least $45 billion, a shortfall so large it prompted Gov. Gavin...
Trump and Biden are competing to quarterback the Super Bowl of tax policy
Semafor via Yahoo Finance· 9 hours ago(Most mainstream economists disagree). “It’s important to recognize that the Trump tax cuts did not...
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...
Storm-driven tax delays worsened California’s deficit. Newsom wants control over deadlines
Merced Sun-Star via AOL· 19 hours agoSevere storms delayed the tax deadline and are often blamed for the depth of California’s deficit....
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...
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 ...