Tax Policy Center News
White House says US could reach 3 percent growth rate
The White House says the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted
State of the Union fact check: What Donald Trump is claiming
After a tumultuous and busy first year in office, President Donald Trump delivered his first State of the Union address to Congress and the country. Our team of journalists from ABC News investigated some of those statements, looking for additional context, detail and information. Here is ABC News'
Roberts County: A year in the most pro-Trump town in America
Miami is a town in the Texas panhandle where everyone knows everyone at the grocery store and servers at the local diner know who likes what kind of pie with their chicken fried steak. The community's busy season is largely dictated by the needs of the cattle, tended to on sprawling ranches
The Note: Peace in Washington...for now. But how long can lawmakers avoid being the Grinch?
The TAKE with Rick Klein It’s easier to be Santa than the Grinch . The flurry of pre-Christmas activity in Congress confirms this as a fundamental of politics – something that even President Donald Trump hasn’t changed. If all goes as planned, the government will stay open and a tax bill will
Checking Trump's claims on the GOP tax bill
President Donald Trump and Republicans plan to ring in 2018 with an aggressive sales pitch for their $1.5 trillion tax cut plan. Ahead of the bill's passage this week, Trump repeated several notable claims about what it will mean for Americans. So how do those claims stack up against the actual
Here's what the GOP tax plan could mean for you
Once President Trump signs the GOP tax plan just passed by Congress--millions of Americans will feel the impact. The bill includes deep tax cuts for corporations, tax breaks for the wealthy, and what experts say are more limited benefits for middle-class Americans. Here's what's in the bill: FOR
Senate Republicans pass sweeping tax measure, bill returns to House after snafu
President Donald Trump, on the heels of the Senate vote early Wednesday to pass congressional Republicans' ambitious $1.5 trillion rewrite of the tax code, hailed the move as a win for middle class Americans. Trump during a Cabinet meeting on Wednesday called the bill "historic" and a "Christmas
GOP tax plan gains support: Rubio and Corker to vote yes
Two key Republican holdouts have done a 180-degree turn and now support the GOP tax bill: Sen. Marco Rubio, R-Fla. and Sen. Bob Corker, R-Tenn. While several Republicans say they are still waiting to see the final bill, right now, it does not appear a single Republican is on the record as a "no"
Republicans move closer to clearing tax reform
The House voted Monday evening to go to conference with the Senate on the Republican tax bill, the latest step to advance the measure and get it to President Donald Trump’s desk to sign into law by the end of the year. The measure passed on a party-line vote, 222-192, with a handful of Republicans
Republican tax plan would spur growth, add to deficit, new study shows
The tax plan advanced by House Republicans last week will spur economic growth, but still add more than $1 trillion to the deficit, according to a new study released Monday. The macroeconomic analysis from the Tax Policy Center, a joint venture of the Brookings Institution and the Urban Institute,