Similar Stories to A Budget Deficit Challenge For Trump's Tax Plan on Bing News

WASHINGTON (AP) -- President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget?...

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BING NEWS:
  • Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
    But the economic numbers expose a far more complicated reality during Trump's time in the White House. His tax cuts never delivered the promised growth. His budget deficits surged and then stayed ...
    05/20/2024 - 2:03 am | View Link
  • Biden’s Plan to Extend Trump’s Tax Cuts Would Cost More Than $2 Trillion: Analysis
    President Biden is calling for the individual tax cuts signed into law by former President Trump in 2017 to expire as scheduled after next year, but with one major exception: Anyone earning less than ...
    05/16/2024 - 1:47 pm | View Link
  • Psychedelic therapy and workers' rights bills fail to advance in California's tough budget year
    California lawmakers on Thursday voted to keep hundreds of bills from advancing for a floor vote during a tough budget year. They made the cuts during a mysterious process in ...
    05/16/2024 - 12:53 pm | View Link
  • Supreme Court Slaps Down Challenge to Consumer Watchdog
    Here’s what’s going on. Supreme Court Upholds Consumer Watchdog's Funding Mechanism The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection ...
    05/16/2024 - 12:15 pm | View Link
  • Here's what the economy could look like with a Biden or Trump presidency
    BI looked at President Joe Biden's and former President Donald Trump's plans for eight major economic categories that affect Americans' daily lives.
    05/15/2024 - 10:57 pm | View Link
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