Budget Battles
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A White House Report Slams Pelosi’s Drug Plan. Experts Call Its Claims ‘Nonsense’
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Hospitals Sue to Protect Secret Prices
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How a Public Option Would Affect the Insurance Market
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Joe Biden Says Pete Buttigieg ‘Stole’ His Health Care Plan
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63% Say U.S. Health Care Has Huge Problems — and That’s an Improvement
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Feud Between Top Officials Hinders Trump Health Care Agenda: Report
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Fact Check: Do 160 Million Americans Really Like Their Health Plans?
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Biden Unveils $3.2 Trillion Tax Plan Targeting Corporations Like Amazon
Joe Biden rolled out a plan Wednesday to raise $3.2 trillion in additional taxes over 10 years, with the wealthy and corporations paying more to cover the cost of spending proposals on health care,...
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Bad News for Charity on Giving Tuesday
By Michael Rainey“Despite Giving Tuesday and despite all the charitable appeals that almost certainly landed in inboxes, charitable donations by individuals declined by slightly more than 1 percent in 2018, according...
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Only One Demographic Group Opposes Warren’s Wealth Tax
The idea of a wealth tax like the one proposed by Sen. Elizabeth Warren is popular with a broad swath of voters, Ben Casselman and Jim Tankersley of The New York Times report . A new nationwide poll...
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Chart of the Day: Record Low Poverty Rate
By Michael RaineyThe extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...
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Public Investment Is the Key to Avoiding Economic Stagnation: Report
By Michael RaineyEconomic stagnation on a global scale is a growing threat, according to a new report from the Organization for Economic Co-operation and Development (OECD). The group’s November economic outlook...
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Pushing Back Against the Wealth Tax at the Dem Debate
By Michael RaineySen. Elizabeth Warren defended her proposed wealth tax at the Democratic presidential debate on Wednesday night: “I’m tired of freeloading billionaires,” Warren said . “I think it's time that we ask...
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Democrat's New Taxes Wouldn't Hit Just Billionaires
By Michael RaineySome Democratic tax proposals are focused on making millionaires and billionaires pay more, but other households would be affected as well. Neil Irwin of The New York Times points out Tuesday that...
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An Easy Way to Get $1 Trillion More in Tax Revenue?
By Michael RaineyThe first step in reforming the U.S. tax system doesn’t involve raising rates or eliminating deductions, say former Treasury Secretary Lawrence Summers and Penn Law professor Natasha Sarin. Instead,...
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FedEx Battles New York Times Over Trump’s Tax Cuts
By Michael RaineyThe New York Times published a piece Saturday highlighting the huge windfall FedEx received from the 2017 GOP tax cuts — and the company’s CEO isn’t happy with the analysis. According to the Times,...
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Tax Break for Poor Neighborhoods Is Helping Build a Superyacht Marina
By Michael RaineyThe 2017 Tax Cuts and Jobs Act created special “opportunity zones” that give investors generous tax breaks in exchange for investing in low-income neighborhoods. The purpose of the tax law is “to...
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A Look at How Far Corporate Tax Rates Have Fallen
By Michael RaineyA chart from Howard Silverblatt of S&P Dow Jones Indices shows just how far corporate tax rates have fallen since the Tax Cuts and Jobs Act was passed. According to Silverblatt's calculations,...
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Bernie Sanders Wants to Undo Trump’s Corporate Tax Cut – and Much More
By Michael RaineyDemocratic presidential candidate Bernie Sanders wants to raise the top corporate income tax to 35%, the same level it was before the Tax Cuts and Jobs Act lowered it to 21 percent. In a sweeping...
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Trump’s Tax Cuts Cost Homeowners $1 Trillion: Analysis
By Michael RaineyThe Tax Cuts and Jobs Act has cost millions of homeowners a collective $1 trillion in lost property values, says Allan Sloan, a former senior editor at Fortune and now an editor at large at...
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Are We Asking the Wrong Question About Trump's Tax Cuts?
By Michael RaineyMost economists say it will take years to fully evaluate the effectiveness of the Tax Cuts and Jobs Act, but Greg Leiserson, director of tax policy at the Washington Center for Equitable Growth, isn’...
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2019 Deficit Was Just Under $1 Trillion, Highest in 7 Years: CBO
The federal budget deficit for fiscal year 2019 grew to $984 billion, or 4.7% of GDP, the highest since 2012, the Congressional Budget Office estimated on Monday. The total for 2019 is 26% higher...
Taxes Directory
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