Similar Stories to Massive Trump Tax Cuts Face Big Hurdles As Debt Mounts on Bing News

WASHINGTON (AP) — President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt and the populist president tries to make good on promises to bring jobs and prosperity to the middle class. Trump is scheduled Wednesday to unveil the broad outlines of a tax overhaul that would provide massive tax cuts to businesses big and small.Read more on NewsOK.com

Topics:  washington ap     president donald trump   trump   newsok   washington    trump   massive   big   debt   tax cuts   businesses   
BING NEWS:
  • Biden takes aim at Trump-era tax cuts — and his own campaign promise
    Two weeks ago, President Joe Biden took aim at the Republicans’ 2017 Tax Cuts and Jobs Act and its provisions that are due to expire in 2025. He told electrical union workers, “It’s going to expire, ...
    05/1/2024 - 9:55 am | View Link
  • The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
    Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
    05/1/2024 - 6:53 am | View Link
  • Rep. Blake Moore, Treasury Secretary Yellen argue over Trump-era tax cuts
    Tax policy has an impact on the economy. Utah Rep. Blake Moore, the vice chairman of the Republican Conference, and Treasury Secretary Janet Yellen could at least agree on that much.
    04/30/2024 - 4:32 pm | View Link
  • Yellen Defends Biden on Tax Cuts in Face of Republican Attack
    Treasury Secretary Janet Yellen came under fire from Republican lawmakers Tuesday over a quip from President Joe Biden about letting tax cuts enacted by predecessor Donald Trump expire.
    04/30/2024 - 9:00 am | View Link
  • Biden vows to let Trump-era tax cuts expire next year, meaning higher rates for many
    A 2017 tax overhaul passed by former President Donald Trump expires at the end of 2025, setting up a potential tax shock for millions of U.S. households.
    04/24/2024 - 11:00 pm | View Link
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