Trump in kayfabe (that's wrestling terms for "we'll pretend it is real on screen, but this is fake") bought WWE's flagship show Monday Night Raw, with the first episode under Trump's reign in 2009 airing commercial free. He once made real money rain down in an arena for adoring ...
WASHINGTON, Jan. 16 (Xinhua) -- The Donald Trump administration's large-scale hike in the defense budget, calling it a pillar of the U.S. president's "Make America Great Again" vision, indicates the United States is readying a bigger money chest for defense under Trump but the question ...
The cost of footing the bill for Trump's tax proposals is growing, especially since they would come on top of his plans to extend tax cuts in the TCJA, which are set to expire in 2025, as well as to cut the corporate tax rate to 15% from its current level of 21%. To offset suc...
The expiring Tax Cut & Jobs Act provisions that could impact the greatest number of taxpayers are the law's tax brackets, which would revert to their
Some White House advisers fear Trump has undercut Powell’s credibility. They worry that the president’s calls for rate cuts and his discussion of indexing or a payroll tax cut could spook, rather than reassure markets. Trump indicated he had no choice but to impose the trade penalties that...
“One senior administration official on Sunday night had not even heard about the president’s tax cut remark on Saturday in Nevada and said they had no idea what he was talking about. ‘I guess I’ll hear about it when I get to work on Monday,’ the official said. Trump said that ...
So far, President Trump wants to slash individual tax rates -- cutting the top rate from 39.6% to 35% -- and reduce the number of totalrates from seven to three. He also wants to cut the top tax rate for all businesses to 15%, far below the current top rates. ...
Numbers show that the economy during Donald Trump’s presidency has never lived up to his own hype. But polling shows Americans are more confident about his economic leadership than that of President Joe Biden.
There are additional ideas under consideration in a second Trump term that can influence overall government spending, such as the government efficiency effort topotentially be headed by Elon Musk. However, even if that were to come to pass, appropriations bill reality on the hill is that every ...
Like Ronald Reagan, Mr. Clinton and Mr. Obama, President Trump must hope that he can cruise through his term without an economic problem. All three of those previous presidents endured recessions at the outset of their tenure, downturns that began under predecessors. And they finished their pres...