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economic policy

Donald Trump tax cut: Huge, vague and likely mild boost for economy

in 2017/Top Headlines by

President Donald Trump‘s team boasted Wednesday that its tax-cut plan would lighten Americans’ financial burdens, ignite economic growth and vastly simplify tax filing. Yet the proposal so far remains short of vital details, including how it would be paid for. And based on the few specifics spelled out so far, most experts suggest that it would add little to growth while swelling the budget deficit and potentially handing large windfalls to wealthier taxpayers. Trump’s plan would replace the current seven…

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Winners and losers in Donald Trump’s first budget plan

in 2017/Top Headlines by

Military spending would get the biggest boost in President Donald Trump’s proposed budget. Environmental programs, medical research, Amtrak and an array of international and cultural programs — from Africa to Appalachia — would take big hits, among the many parts of the government he’d put on a crash diet. The budget proposal out Thursday is a White House wish list; it’ll be up to Congress to decide where money goes. If Trump gets his way, there will be more losers…

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Barack Obama signs short-term bill to fund government past election

in 2017/Top Headlines by

President Barack Obama has signed a short-term funding bill to keep the government from shutting down at the end of the week. Lawmakers eager to leave town to campaign for re-election gave themselves breathing room by voting to continue existing spending levels for another 10 weeks, beyond the Nov. 8 election. Members of Congress will have to reach agreement on funding for the rest of the budget year when they meet in a lame-duck session after the election. The bill…

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Hillary Clinton, Donald Trump battle fiercely over taxes, race, terror

in 2017/Top Headlines by

In a combative opening debate, Hillary Clinton emphatically denounced Donald Trump Monday night for keeping his personal tax returns and business dealings secret from voters and peddling a “racist lie” about President Barack Obama. Businessman Trump repeatedly cast Clinton as a “typical politician” as he sought to capitalize on Americans’ frustration with Washington. Locked in an exceedingly close White House race, the presidential rivals tangled for 90-minutes over their vastly different visions for the nation’s future. Clinton called for lowering…

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Venturing to Mexico, Donald Trump defends right to build huge wall

in 2017/Top Headlines by

On Mexican soil for the first time as the Republican presidential nominee, a firm but measured Donald Trump defended the right of the United States to build a massive border wall along its southern flank, standing up for the centerpiece of his immigration plan in a country where he is widely despised. Trump, who previously derided Mexico as a source of rapists and criminals, praised Mexicans Wednesday as “amazing people” following a closed-door meeting at the official residence of the…

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Today on Context Florida: Education governor, Jeb Bush’s religion, coming together and connections

in Apolitical/Top Headlines by

Today on Context Florida: Jeb Bush earned the moniker of Florida’s “Education Governor” because he made education his primary policy focus while in office and the area he most focused on since. As he prepares to run for higher office, Bush now relies on his “education revolution” to make his case. But is Florida really a model for a national education renaissance, asks Dan Gelber. Jac Wilder VerSteeg says he has to believe Jeb Bush when he says he wouldn’t let…

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