National Debt News
Corporations to keep tax break lost by millions of Americans
Millions of Americans would lose a prized tax break under President Donald Trump's sweeping revamp of the tax code, but corporations would get to keep it
Trump warns McCain: 'I fight back'
ABC News political analyst Matthew Dowd and "The View" co-host Meghan McCain analyze President Trump's response to Sen. John McCain's fiery speech about nationalism and Trump's apparent reversal on health care subsidies.
Independent economists on why they aren't buying Trump's tax plan promise
President Donald Trump told the audience at a Heritage Foundation event in Washington Tuesday night that his administration's tax plan will boost the average American household income by $4,000. The figure was included in a report from White House economists published on Monday. "Our tax plan will
Trump's announcements add to Congress' already lengthy to-do list
President Donald Trump ’s big announcements last week on health care and Iran have big implications, but ones Congress will largely have to sort out, adding major items to their already massive to-do list. With only 38 working days left for this year, here’s what Capitol Hill is trying to
The Latest: Democrats to dine with Ivanka Trump, Kushner
Three of the Senate's red-state Democrats are heading to the home of Ivanka Trump and Jared Kushner Monday night as part of the administration's efforts to reach out to moderate lawmakers
Trump holds impromptu press conference with Senate majority leader
Following lunch at the White House, President Trump and Sen. Mitch McConnell took questions from the press on tax reform, health care and more.
AP FACT CHECK: Trump's tax plan is far from the biggest ever
AP FACT CHECK: Trump calls it the largest package of tax cuts in history but it isn't
Republican-led Congress faces legislative battles
Leader Mitch McConnell as Republican lawmakers face a to-do list that includes tax reform, DACA, health care the Iran deal and more.
AP FACT CHECK: Trump's tax plan, health care distortions
AP FACT CHECK: President Donald Trump is presenting a distorted picture of his tax plan, record and approach to health care
Howard Schultz: Cutting the corporate tax rate would be 'a mistake'
Starbucks Executive Chairman Howard Schultz said lowering the U.S. corporate tax rate from 35 percent to 20 percent would “a mistake” without overhauling the entire tax system. “You can’t have a corporate tax cut without having a transformation in complete tax reform. And if there’s going to be a