Update 860 – Trump Winging it on Tariffs,Moves to Dismantle Direct File, CFPB Last weekend, the Trump administration exempted some electronic products from its reciprocal tariff regime, an exception likely to be brief. Trump and his advisors have hinted at an investigation to determine an eventual duty on these products. Separately, this week, the administration …
Update 859: Less Enforcement, Broader BreaksTrump IRS Could Threaten America’s Tax System Millions of Americans filed their taxes this week ahead of yesterday’s filing deadline. But this year’s tax day comes amid the Trump administration’s attempts to dismantle the Internal Revenue Service (IRS), the very body responsible for collecting tax revenue used to fund important …
Update 837 — Key Nomination Hearings,CPI Report, CTC Bill Lead Week Roundup This week, Trump’s nominees for Treasury Secretary, HUD Secretary, and OMB Director faced pointed questioning by Democratic Senators ahead of coming confirmation votes by the committees of jurisdiction and the full Senate. The three nominees addressed a broad range of economic issues with …
Update 837: Nomination Hearings Lead Week’s Roundup Read More »
Update 834 — Reconciliation and Beyond: Econ. Policy Agenda in Congress, Part 1 The legislative priorities and strategic approach regarding the nation’s major economic policy issues facing the 119th Congress, sworn in last Friday, and the debate around them, are coming into view. Over the next few weeks and months, the GOP majorities in both …
Update 834: Econ. Policy Agenda in Congress, Part 1 Read More »
Update 826 — First of Trump’s Econ. Policy Noms;End of Basel III/Endgame?; Other Developments President-elect Trump continued announcing Cabinet nominees this week as his administration begins to take shape. The early appointments signal the incoming Trump administration’s intention to elevate the priorities of wealthy interests who appear loyal to Trump and willing to undermine institutional …
Update 821 — Closing Economic Arguments:Record and Vision Presented by Candidates Following Donald Trump’s controversial and divisive speech on Sunday at Madison Square Garden and Kamala Harris’s rousing final appeal last night at the National Mall, voters have now heard the candidates’ closing arguments in the 2024 campaign. Their cases on economic policy present a …
Update 820 — All but Tied: Polls in Bell Lap;Global Leaders Worry About Trump Tariffs The final New York Times/Siena poll of the 2024 election cycle published yesterday shows, for the first time, a flat-footed tie at 48 percent each for presidential candidates Kamala Harris and Donald Trump. In all of the seven battleground states …
Update 809 — Harris on Offense in Debate;Behind the Debate: the Candidates on Taxes Vice President Harris held court last night in what could well be the last presidential debate of the 2024 campaign. On the opening question, Harris presented a rendition of her vision of an “opportunity economy” and a break from the past. …
Update 809: Beyond the Debate: the Candidates on Taxes Read More »
Update 805 — Harris’ Economic AgendaFirst Priority: Lowering Americans’ Costs Greetings from the Democratic National Convention in Chicago, where Democrats are introducing the nation to the still-unfamiliar economic agenda of Presidential nominee Kamala Harris. That process formally began last week in Raleigh, NC, where the Vice President made clear that her first priority will be …
Update 782 — Direct File Passes TrialIRS Offers Taxpayers Streamlined DIY How did you prepare and file your tax returns this year? Did you spend hours doing paperwork, trying to figure out which deductions you qualify for? Did you give the paperwork to a tax preparation firm that filed on your behalf for a fee? …
