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For a minute, Sean Spicer threw the future of America's retirement plans into...
An exchange between White House press secretary Sean Spicer and a CNBC reporter on Thursday led to a moment of confusion over whether the Trump administration's new tax plan would mean retirement...
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Donald Trump's tax plan would turn every US state into Kansas
It is hard to think of a more obvious recent public-policy failure than the tax cuts that Kansas Gov. Sam Brownback championed in 2012.The state has been mired in a perpetual budget crisis ever since...
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'That balloon is going to get popped': Trump may target 'carried interest'...
WASHINGTON (Reuters) - The Trump administration's push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince...
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Trump says he's willing to raise the gas tax for his massive infrastructure plan
President Donald Trump said Monday he would be open to the idea of raising the federal tax on gasoline to pay for an infrastructure investment during an interview with Bloomberg."It’s something that I...
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Trump just got a big win on healthcare, but his agenda might take a lot...
The reality of working in Washington is putting a damper on President Donald Trump's aggressive agenda, even amid his first small legislative success.After a longer-than-expected battle to get the...
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These 2 charts show Wall Street thinks Trump's tax plan won’t help stocks...
Wall Street analysts are telling President Donald Trump that they don't expect tax reform to help earnings until next year at the earliest.While share prices in policy-sensitive industries have...
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Warren Buffett and Bill Gates don't think Trump's tax cut will help business
Warren Buffett and Bill Gates aren't buying into President Donald Trump's tax plan.In an interview with CNBC on Monday, both Gates and Buffett downplayed the benefits of Trump's proposed tax cut for...
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Trump's self-inflicted crises could derail the GOP's plans for healthcare...
The latest round of concern seizing Washington, DC, after President Donald Trump reportedly revealed highly classified information to Russian diplomats is that it could put a damper on some of the...
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Trump was reportedly inspired to hurry up his tax plan after reading a New...
It seems you can thank the opinion page of The New York Times for expediting the release of President Donald Trump's plan to overhaul the US tax code.On Monday, Politico's Shane Goldmacher reported...
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The Trump trade is getting whacked
Since the election, the sectors of the US stock market most closely linked to President Donald Trump's proposed economic policies have shown remarkable resilience. Until now.Reports that Trump asked...
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Trump could get 'beamed into space' and stocks would be just fine
Does the stock market even need the Trump trade anymore?Merely posing such a question may strike some equity enthusiasts as blasphemy. After all, in the months right after the presidential election,...
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TRUMP: Senate Republicans should use the 'nuclear option' to pass healthcare...
President Donald Trump on Tuesday said the Senate should get rid of the legislative filibuster so that it could pass healthcare and tax-cut bills."The U.S. Senate should switch to 51 votes,...
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The GOP's budget deadlock could derail Trump's hopes for tax overhaul
WASHINGTON — If Republicans can't pass a budget, forget about a major overhaul of the nation's tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid...
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Paul Ryan will promise to take advantage of a 'once-in-a-generation moment'...
House Speaker Paul Ryan will promise a GOP overhaul of the US tax system by the end of the year during a speech to the National Association of Manufacturers on Tuesday."We are going to get this done in...
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Wall Street got something big from Paul Ryan's tax cut speech
House Speaker Paul Ryan didn't confirm a whole lot about the coming Republican effort to slash taxes during what his team billed as a "major" speech Tuesday.But the speech itself could be enough to...
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Senate Democrats want to help Republicans with tax reform — but it's unlikely...
WASHINGTON (Reuters) - U.S. Senate Democrats offered to work with Republicans on a bipartisan tax reform package on Tuesday but only if it does not cut taxes for the wealthy, add to the federal deficit...
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Senate Democrats' letter to Trump on tax reform is missing something that...
Senate Democrats released a letter on Tuesday with a list of baseline demands to come to the table and negotiate on a tax reform bill with Republicans.While the letter contained a list of items that...
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House Freedom Caucus chairman says if tax reform isn't passed by November, it...
House Freedom Caucus Chairman Mark Meadows said Wednesday that if tax reform isn’t completed by November, it’s unlikely to happen at all.Meadows said at an event held by Americans for Prosperity that...
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Top GOP senator: Republicans 'shot their wad' on healthcare
Sen. Orrin Hatch is ready to move on from the Republican healthcare debacle.The Utah senator and chair of the Senate Finance Committee told Politico in a story published Monday that the GOP botched its...
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Gary Cohn lays out what Trump wants on tax reform
Gary Cohn, the top economic adviser to President Donald Trump, is considered to be the man driving the White House's push to overhaul the tax code.In an interview with the Financial Times, Cohn laid...
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