Japanese Prime Minister Takaichi Sanae said on Monday she will dissolve the lower house of the Japanese Parliament on Friday, setting the stage for snap elections on February 8. The next parliamentary election was not scheduled until October 2028.
Speaking to business leaders at the Economic Club of Minnesota, Bessent laid out a vision of an economy revitalized by strategic government intervention in trade, sweeping changes to the tax code, and a sharp pivot away from regulations he said had stifled entrepreneurship and innovation.
Treasury Secretary Scott Bessent called Govs. Kathy Hochul (D-NY), Jared Polis (D-CO), and JB Pritzker (D-IL) the “Grinches Who Stole Christmas” for their states’ refusal to conform to President Donald Trump’s July 4 tax relief bill in a Wednesday social media post.
President Trump has floated the idea of sending $2,000 checks to most Americans, funded by tariff revenue.
On Thursday’s broadcast of MS NOW’s “The Last Word,” Sen. Tammy Baldwin (D-WI) criticized Republicans for not extending ACA subsidies “for working families to be able to afford their health care.” And focusing on “tax breaks that disproportionately help the
President Donald Trump said on Tuesday that Senate Minority Leader Chuck Schumer (D-NY) is “gonezo,” and far-left New York City mayoral candidate Zohran Mamdani (D) seems to be the leader of the Democrat Party.
On Thursday’s broadcast of “CNN News Central,” Rep. Adam Smith (D-WA) said that the shutdown is about “the whole Republican budget, which did massive tax cuts to the wealthy, added $170 billion to DHS so that ICE agents can violate
Art Laffer, the creator of the Laffer Curve told Nigel Farage the left continues to believe increasing tax rates will increase tax receipts.
We should remove the tax burden that is keeping older Americans locked into their homes and younger Americans locked out.
The Trump administration’s immigration restrictions are set to deliver roughly $700 in additional annual income to the typical American household by 2028.
Job Creators Network, America’s largest small business advocacy group, released fresh polling data this week showing that mere months after President Donald Trump signed the Republican-led One Big Beautiful Bill Act into law, “a full 42% of American small businesses plan to raise employee wages/benefits as a result of their tax cut savings, and 91% plan to raise wages/benefits, expand, hire, or reinvest in their communities,” the group said.
American taxpayers will enjoy a $3,752 tax cut on average in 2026 as a result of the Republicans’ One Big Beautiful Bill Act, according to an analysis by the nonpartisan Tax Foundation.
Indian Prime Minister Narendra Modi on Friday repeated his vow to protect Indian farmers from competition with tariffs and trade barriers, even as President Donald Trump’s punishing retaliatory tariffs of up to 50 percent on Indian goods threaten to take effect.
On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick argued that tariffs “paid for tax on tips and no tax on overtime” and also we have to lower the trade deficit. While discussing the
On Thursday’s broadcast of MSNBC’s “The Weeknight,” Rep. Gregory Meeks (D-NY) said that Republicans try to argue tax cuts in the reconciliation bill are for everyone, but that is not true because the tax cuts on tips and overtime are
On Friday’s “PBS NewsHour,” New York Times columnist David Brooks stated that the tax reductions for tips in the reconciliation bill are “32 billion, which in this kind of bill is peanuts. But it’s theatrical, no taxes on tips. Sounds
On Wednesday’s edition of NBC’s “Meet the Press Now,” Democratic Congressional Campaign Committee (DCCC) Chair Rep. Suzan DelBene (D-WA) said that Democrats haven’t really talked about extending the 2017 tax cuts for people making under $400,000 annually because Republicans aren’t
On Friday’s broadcast of “CNN News Central,” Rep. Adam Smith (D-WA) stated that the benefits of the reconciliation bill “primarily go to people who are wealthy.” And “That’s where tax breaks usually go.” Smith said, “[H]ow do we know that
On Friday’s broadcast of CNN’s “Situation Room,” Rep. Debbie Dingell (D-MI) said that Democrats would do the tax cuts in the reconciliation bill, but “We should be doing them in smaller chunks without adding $4 trillion to our debt as
On Thursday’s broadcast of MSNBC’s “Ana Cabrera Reports,” Rep. Debbie Wasserman Schultz (D-FL) stated that the top priority of Republicans has been to extend the 2017 tax cuts and the middle class just gets “the crumbs” of the reconciliation bill
On Thursday’s edition of NBC’s “Meet the Press Now,” Rep. Robert Garcia (D-CA) said that Democrats didn’t put forward their own legislation as an alternative to the Republican reconciliation bill to extend the Trump tax cuts for the non-wealthy because
On Wednesday’s broadcast of MSNBC’s “Way Too Early,” host Ali Vitali stated that the reconciliation bill “is about extending tax cuts.” Although, that’s not the entirety of what the legislation does and “these are not new tax cuts. It’s just
On Wednesday’s “CNN News Central,” Rep. Lloyd Doggett (D-TX) stated that things like no tax on tips and other tax reductions in the reconciliation bill are “little flourishes” “that are designed to cover the horrible job that they’re doing.” Co-host
President Donald Trump on Tuesday called on House Republicans to support the Senate-passed version of the Big, Beautiful Bill as it heads back to the House for final passage.
On Monday’s broadcast of MSNBC’s “The Last Word,” Sen. Adam Schiff (D-CA) stated that the reconciliation bill shows this generation “is the selfish generation” “that says we’re going to take away from hungry kids and give ourselves a tax cut.
During an interview with ABC News on Monday, U.S. Senate candidate Rep. Haley Stevens (D-MI) responded to a question on whether she worries about taxes going up if the reconciliation bill doesn’t pass by saying she’s worried about the deficit
During an interview with CBS News’ “The Takeout” on Monday, Sen. Elissa Slotkin (D-MI) stated that she would not vote to make the 2017 Trump tax cuts permanent and that while there are “some interesting things I’m willing to consider over
President Donald Trump will host workers from a wide variety of industries at the White House for a “One Big Beautiful Bill” event to urge its passage in the Senate.
Businesses invest more when it’s cheaper to do so. A new study puts numbers on just how much more—and the results could reshape the tax debate unfolding in the U.S. Senate. The paper, released Monday by the National Bureau of
The One Big Beautiful Bill Act isn’t a break from conservative economic thought. It’s a return to first principles: a belief that growth, not austerity, is the engine of prosperity.
President Trump’s policy combination of renewed tariffs and extended tax cuts amounts to a reallocation of the tax burden away from domestic work and production and toward imported goods and global supply chains.
The revenue from the tariffs would more than offset projected losses from tax cuts.
The firefighter union International Association of Fire Fighters (IAFF) — representing over 350,000 members — has endorsed the tax cuts in President Donald Trump’s “big, beautiful bill,” deeming it common sense.
Sen. Rand Paul (R-KY), the longtime Senator and conservative grassroots leader from Kentucky, told Breitbart News exclusively that he believes the Democrats are “adrift” as a party without an identity right now.
President Donald Trump says that Democrats will have to answer for a 65 percent increase in taxes if the “One Big Beautiful Bill” does not become law.
On Wednesday’s broadcast of NewsNation’s “On Balance,” Rep. Debbie Wasserman Schultz (D-FL) stated that the Republican tax and spending bill just has “crumbs” for working families and “meager working families stuff” while former President Joe Biden and Democrats improved things
Opponents of the One Big Beautiful Bill are turning once again to their most familiar weapon: the deficit forecast.
The White House is pointing to five key reasons it believes lawmakers should support the “One Big Beautiful Bill,” which is headlined by tax cuts.
President Donald Trump is calling on Republican lawmakers to support “The One Big Beautiful Bill” that would cut taxes and stop illegal aliens from receiving Medicaid.
The House Budget Committee debates the reconciliation budget bill on Friday, May 16.
