Tax cuts

The co-author of the Republican tax bill admitted that it's "hard to know" what the economic benefits of the cuts will be as corporate revenues drop 31%

In early May, Georgia's Governor Brian Kemp signed a bill that would make abortion illegal after a fetal heartbeat is detected.

"This is morally wrong, and it's also fiscally unnecessary," Representative Alexandria Ocasio-Cortez of New York said.

Senate Majority Leader Mitch McConnell, not known for grandstanding, has been forced into a marriage of convenience with the ostentatious president.

President Trump's $1.5 trillion tax cuts package fueled profits in the banking sector during 2018.

Under President Donald Trump, the gross national debt hit a new record. But there's more to this figure than first appears.

"Not for business at all, for middle income people," said Donald Trump.

Increased spending in 2018 bumped the deficit up 17 percent to $779 billion in fiscal year 2018.

The poll is less than encouraging news for Republicans ahead of the 2018 midterm elections.

"This is a plan built on quicksand—sinking in the very debt that finances it," said the anti-deficit Committee for a Responsible Federal Budget.

Chief executives earned 312 times more than the average employee during Trump's first year in office.

The U.S. deficit is set to surpass $1 trillion by next year, which would be the highest total since the start of Obama's second term.

This would include cuts to capital gains taxes.

Republicans should craft a plan of action for healthcare reform and education.

President Trump claims this is "the best economy in the history of our country." So why are his own policies wrecking it?

America is taking on record amounts of debt to pay for tax cuts and spending increases, but foreign investors, who currently hold about 43 percent of government debt, might not be interested in purchasing it.

CEOs of America's largest firms have the power to constrain the most dangerous, divisive, and anti-democratic president ever to occupy the Oval Office.

In fiscal year 2018, the Tax Cuts and Jobs Act will cut taxes by about $135 billion, and nearly double that amount in fiscal year 2019, boosting paychecks in the short term.

Since the tax cuts, companies spent 37 times as much on stock buybacks than they did on bonuses and increased wages for workers.

Will Republicans convince themselves to try to pass another round of tax cuts? And if they do, how will they justify further cuts when the current round of cuts fails?

President Donald Trump on Wednesday night said Democrat Conor Lamb defeated Republican Rick Saccone, whom Trump campaigned for, in Pennsylvania in part because he supported the Republican tax cuts. That's false. Lamb ran against the tax cuts.

The number of people in the U.S. worth more than $50 million is growing.

"I come from the Joseph A. Bank wing of the West Wing," Vice President Mike Pence noted.

The world's third largest pharmaceutical company announced it would lay off 300 scientists.

The telecommunications giant says all employees were "offered generous severance and an opportunity to apply for other jobs at Comcast."

President Donald Trump has promised his tax cuts will be a Christmas gift to the middle class—too bad they can't re-gift them.

The House is poised to send the legislation to the president on Wednesday.

Republican Senators may make beer a lot cheaper for everyday Americans.

Senate Republicans want to end a benefit that helps bikers commute to work.

Trump officials say their tax plan will benefit the wealthy and depend on trick-down economics for the middle class.