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Trump, tax cuts and Bessent
Trump tax cuts dominate Scott Bessent treasury secretary confirmation hearing
Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his confirmation hearing and said it is crucial for middle-class families that the cuts are extended.
GOP flirts with magical thinking on paying for Trump's tax cuts
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in spending cuts. But deficit hawks, including member of the House Freedom Caucus, haven't completely signed off on the novel approach.
Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day."
22h
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
4h
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
23h
on MSN
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
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