william pascrell

Pelosi Gets Pressure From Democrats to End Impeachment Standoff

Pelosi Gets Pressure From Democrats to End Impeachment Standoff

Senate Democrats are pressuring House Speaker Nancy Pelosi to end her standoff over the impeachment trial of President Donald Trump as it’s become increasingly clear there’s little chance of winning
SALT Cap Sparks Debate Over Which Party Cares About the Middle Class

SALT Cap Sparks Debate Over Which Party Cares About the Middle Class

The debate about the cap on federal deductions for state and local taxes has flipped the tables for lawmakers: Democrats are advocating for a large cut that would primarily benefit the wealthy.
SALT Cap Repeal Would Be $40 Billion Windfall for Millionaires

SALT Cap Repeal Would Be $40 Billion Windfall for Millionaires

More than half of the benefit of repealing the $10,000 deduction cap for state and local taxes would go to millionaires, according to Congress’s nonpartisan tax scorekeeper.
It’s Over: States Lose Fight Against SALT Deduction Cap

It’s Over: States Lose Fight Against SALT Deduction Cap

New York, New Jersey and Connecticut have been fighting a new cap on state and local tax deductions ever since it was included in the 2017 Republican tax overhaul.
Powell Tells Democrats That Fed Is Being Cautious With Hikes

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 Urge Trump to Stay at Nafta Table

U.S. lawmakers urged the Trump administration not to walk away from talks on a new Nafta.
Rep. Pascrell Says Trump's Tariff 'Trial Balloon' Needs to Be Narrowed

Rep. Pascrell Says Trump's Tariff 'Trial Balloon' Needs to Be Narrowed

Rep. Bill Pascrell, a New Jersey Democrat, discusses President Donald Trump's tariff plans with Bloomberg's David Westin on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
Low Mexico Wages Are Nafta Death Knell, Say Two House Democrats

Low Mexico Wages Are Nafta Death Knell, Say Two House Democrats

Improving labor rights in Mexico must be a central issue in reaching a new North American trade deal or the U.S. Congress won’t approve it, two Democratic lawmakers said on the eve of a new round of
Here’s Where the GOP Tax Bill Stands Right Now

Here’s Where the GOP Tax Bill Stands Right Now

The House tax-writing committee entered its third day of work Wednesday 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

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: