Economists See Little Magic in Tax Cuts to Promote Growth

By PATRICIA COHEN and NELSON D. SCHWARTZ May 23, 2017 If one assumption has undergirded Republican economic policy for decades — and is the foundation of the Trump administration’s first budget proposal — it is that tax cuts...

White House Reveals Details on Military and Wall Ahead of Budget Proposal

Of the $2.6 billion requested for border security, $1.6 billion would go toward materials to build the wall. Some of the increased funds sought for the military would go toward training and equipment.

Bipartisan Agreement Reached to Fund Government Through September

By THOMAS KAPLAN and MATT FLEGENHEIMER April 30, 2017 WASHINGTON — Congressional leaders reached a bipartisan agreement on Sunday to fund the government through September, effectively ending any suspense about the possibility of a government...

White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy

By JULIE HIRSCHFELD DAVIS and ALAN RAPPEPORT April 26, 2017 WASHINGTON — President Trump on Wednesday proposed sharp reductions in individual and business income tax rates and a radical reordering of the tax code that would significantly...