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Key Mexican Officials to Meet Sunday Afternoon on USMCA Proposal
Members of Mexico’s Senate will meet key negotiators Sunday afternoon to deliberate on the latest version of the U.S.-Mexico-Canada free-trade agreement, said Majority Leader Ricardo Monreal.
Trump Gets Reprieve From Release of N.Y. State Tax Returns
Donald Trump should have a chance to block House Democrats from obtaining his New York state tax returns, a federal judge decided, in a boost for the president as he fends off other subpoenas for his
Trump’s Lawyers Say Democrats Can’t Sue for His Tax Returns
Donald Trump’s lawyers say Democrats pursuing the president’s tax returns should use the political process rather than the courts.
House Panel Approves Package of Industry and Low-Income Tax Cuts
A U.S. House committee approved a package of bills that provide tax breaks for a variety of select industries and constituencies, kicking off what’s likely to be a protracted negotiation with Senate
Trump Says New Nafta Ends Competition With Canada and Mexico
The new trade deal between the U.S., Canada and Mexico will allow the countries to compete as a region against the European Union and China, President Donald Trump said.
Democrats Meet on Changes in New Nafta to Prepare for Vote
House Democrats plan to meet for the first time Wednesday to discuss changes they want in President Donald Trump’s new North American trade deal, paving the way for a vote to take place later this
Trump's Tax Cuts Could Die the Hard Way: A Little at a Time
Democratic presidential candidates like Joe Biden and Kamala Harris have talked about repealing the GOP’s tax overhaul. Yet a large-scale rollback is unlikely. Instead, two other forces could slowly
House Authorizes Lawsuits Against Barr, McGahn in Trump Probes
The House voted to authorize lawsuits against Attorney General William Barr and former White House Counsel Don McGahn as Democrats try to enforce subpoenas for documents and testimony in its
Democrats Signal Hope for Passing New North America Trade Accord
House Democrats are expressing optimism as they begin what could be the final stage of negotiations to approve the U.S.-Mexico-Canada trade agreement, paving the way to vote on President Donald
House Votes to Ease Rules for IRAs, Makes Fixes to Trump Tax Law
The U.S. House of Representatives approved legislation that relaxes the rules for retirement savers and corrects an unintended side-effect of the 2017 tax law that hit children of military members who
A Trump Tax Return Standoff Would Be ‘Uncharted Territory,’ Expert Says
The U.S. government would be in “uncharted territory” if Treasury Secretary Steven Mnuchin were to block a House request to release President Donald Trump’s tax returns, a law professor told a
Mnuchin to Brief Democrats on Easing Deripaska-Linked Sanctions
Treasury Secretary Steven Mnuchin will brief key House Democrats Thursday on plans to end sanctions against three companies tied to Russian billionaire Oleg Deripaska.
GOP’s New Tax-Cut Framework Leaves Out Fixes for Retailers, #MeToo Victims
House Republicans unveiled a broad outline on Tuesday for their next phase of tax code changes, which steered clear of correcting technical mistakes from last year’s overhaul.
Powell Tells Democrats That Fed Is Being Cautious With Hikes
Federal Reserve Chairman Jerome Powell reiterated to Democrats on the House Ways and Means Committee during a meeting Wednesday that the U.S. central bank is pursuing a patient rate-hike path.
U.S. Lawmakers Urge Trump to Stay at Nafta Table
U.S. lawmakers urged the Trump administration not to walk away from talks on a new Nafta.
IRS Sets Withholding Tables as GOP Pledges Paycheck Increase
The Internal Revenue Service released guidance for employers about how much tax they should withhold from workers’ paychecks in 2018 -- and said it would soon offer an online calculator employees can
McCarthy Says House Will Have to Vote Again: Tax Debate Update
Congressional Republicans kicked off the final leg of their six-week legislative sprint to overhaul the U.S. tax code and deliver a major policy victory for President Donald Trump before year’s end.
Trump Promises ‘Giant Tax Cut’ and Money in Pockets by February
President Donald Trump promised everyday Americans a “giant tax cut for Christmas” in a speech that the White House billed as his closing argument for a tax overhaul that congressional Republicans
Here’s Where the GOP Tax Bill Stands Right Now
The House tax-writing committee finished its second day of work Tuesday to hammer out the details of the Republican tax cut plan. Here are the latest developments, updated throughout the day:
Here’s Where the GOP Tax Bill Stands Right Now
The House’s tax-writing committee is scheduled to begin a four-day effort aimed at revising its tax-overhaul bill at noon in Washington.