Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
An obscure provision of the federal code that gives tax breaks to wealthier Americans from high-tax jurisdictions could threaten to upend a delicate negotiating process between President-elect Donald ...
Arise6h
Tax Reform Bills Altered National Assembly’s Budget Cycle, Says Senator Adeola
Senator Adeola has blamed tax reform deliberations for disrupting the January-to-December budget cycle, emphasising lawmakers’ focus on meeting deadlines.
KSL27d
How DOGE can cut $2T from the federal budget each year
Elon Musk aims to cut $2 trillion from the federal budget ... election cycle where Trump and Vice President Kamala Harris mostly focused on big-government promises. "Until a few months ago ...
Cfr.org9d
Congress’s Role in Federal Financial Management: Is it Efficient, Accountable, and Transparent in the way it Appropriates Funds?
Chairman Coburn, Ranking Member Carper, and members of the committee, thank you for the privilege of appearing today to discuss the federal budget process. This is an important and timely hearing ...
Budget overhaul could cut deep in Trump country
Trump has proposed big cuts to the federal budget, but any significant reductions could have an outsized impact in states that voted for him in the 2024 presidential election.
Attention DOGE: Here’s how the federal government spends Americans’ tax dollars
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy ...
Reason26d
Federal Government Has 'Grown Too Big, Promised Too Much, Subsidized Too Many,' Warns Former GAO Boss
The United States is likely to face a debt crisis within the next five years unless Congress undertakes serious fiscal reforms, says a former comptroller general who is urging lawmakers to treat ...