Budget, Tax and Economy

White House Pitches Tax Hikes On Private Jets, Corporate Pay And Stock Buybacks

Joe Biden's tax plan makes a clear contrast with Donald Trump, who favors extending tax cuts he enacted in 2017.
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The Next President Faces A Painful Choice — And Americans Stand To Lose

The ballooning budget deficit will spell tough choices for the start of the next presidential term.
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In Speech On Bidenomics, Biden Tries To Turn The Page On Reagan (And Every President Since)

Biden has for months been telegraphing a major shift in economic policy, and on Wednesday, made the case for a new way of thinking.
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Joe Biden Touts ‘Bidenomics’ To Reverse The Narrative On The Economy

In Chicago, the president says the economy is getting past pandemic woes — even as polls show continued worry.
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Congress’ Top Economist Says It’s Still Too Early To Declare A Recession

The director of the nonpartisan Congressional Budget Office said the data is inconclusive, echoing the Federal Reserve chairman.
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Millionaires Could Get A Tax Cut From Build Back Better

The top 5% could come out ahead when higher taxes are offset by unlimited state and local tax deductions.
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Democrats Hit Tax Snag As They Finalize Build Back Better Deal

“Every sensible revenue option seems to be destroyed,” Sen. Bernie Sanders complained Wednesday.
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Democrats’ Tax-The-Rich Plan Keeps Shrinking

Kyrsten Sinema is far from the only Democratic obstacle to the party’s original tax plan.
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Democrats Move To Call GOP Bluff On Debt Limit

It’s a risky gambit ― and one that could easily backfire.
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Progressives Mount Campaign To Pressure Conservative Hawaii Democrat

The effort to target Rep. Ed Case is another sign that the left is taking a proactive approach to passing key bills.
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