Erik Wasson
Trump’s $4.8T budget would increase debt, cut safety net
WASHINGTON – President Donald Trump’s $4.8 trillion budget for the upcoming fiscal year proposes billions more in funding for defense and a United States...
Senate clears two-year debt, budget plan for Trump’s signature
WASHINGTON – The Senate sent President Donald Trump legislation to extend the debt limit and allow more government spending until after next year’s election...
Trump unveils agreement to reopen government for 3 weeks
NEW YORK - President Donald Trump announced a deal to reopen the government for three weeks, ending a 35-day partial shutdown touched off by...
U.S. budget deficit to balloon to $1 trillion by 2020, CBO...
NEW YORK - The United States budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and...
Everything you need to know about the Senate GOP tax proposal
NEW YORK - Senate Republicans released their vision for a tax-cut plan Thursday that would cut the corporate tax rate to 20 percent, with a...
Tax bill’s individual income tax brackets revealed
NEW YORK - House tax writers unveiled what the individual income tax brackets will be under their proposed legislation - with a 39.6 percent rate...
House tax bill has major changes for businesses, individuals
NEW YORK - House Republican leaders began rolling out a tax bill Thursday that contains sweeping changes for business and individual tax rates, including a...
Senators get deal to prop up ACA, keep subsidies Trump cut
NEW YORK - Senators in both political parties say they’ve reached agreement on fixes to stabilize the Affordable Care Act just two weeks before...
Senate GOP has 12 days to repeal ACA and no room...
NEW YORK - Senate Republicans making one last-ditch effort to repeal the Affordable Care Act have the daunting task of assembling 50 votes for...
CBO finds Trump’s budget doesn’t balance like White House said
NEW YORK - President Donald Trump’s proposed budget wouldn’t balance within 10 years, contrary to the White House’s claim, the nonpartisan Congressional Budget Office...