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White House officials outlined what one of them called an “aggressive” timetable Monday for getting a tax overhaul in place before the end of the year.
August 1 -
After times of only tepid support for President Donald Trump’s agenda, the billionaire Koch brothers are putting their financial muscle behind the White House’s plan to overhaul U.S. taxes.
July 31 -
Republican leaders in Congress and the Trump administration released a joint statement Thursday on their progress on tax reform ahead of Congress’s August recess and the broad principles they plan to follow.
July 27 -
Republican leaders conceded on Thursday that the border-adjusted tax doesn’t have the support to continue to be part of negotiations to overhaul the tax code.
July 27 -
Congressional leaders and Trump administration officials have been meeting in secret to try to reach a united front for rewriting the U.S. tax code.
July 27 -
The sweeping changes the Trump administration hopes to make to individual taxes will likely be a long time coming, Bank of America Merrill Lynch’s municipal research strategy team led by Philip Fischer writes in a report.
July 26 -
Corporate America and money managers are hugely divided on the prospects of changing the U.S. tax code.
July 17 -
President Donald Trump’s top legislative aide said White House officials hope to have a unified plan for overhauling the U.S. tax code in place before Congress leaves Washington in August for a month-long recess—adding a new element to an already complicated timeline.
July 11 -
The White House is “absolutely committed” to getting its tax overhaul proposal through Congress by the end of the year—and that plan won’t include a 40 percent tax rate for the richest Americans, Treasury Secretary Steven Mnuchin said.
July 10 -
The Treasury Department has issued a notice proposing to rescind or modify eight tax regulations under President Trump’s executive order aimed at reducing burdensome regulations.
July 7 -
The top Democrat on the tax-writing Senate Finance Committee said a bipartisan tax deal is impossible if Treasury Secretary Steven Mnuchin can’t commit to an overhaul that avoids giving the highest-earning Americans a tax cut.
June 14 -
President Donald Trump won’t veto a tax bill even if it provides the wealthiest Americans with a tax cut, according to Treasury Secretary Steven Mnuchin.
June 13 -
‘Accounting maneuvers’ have kept the country from hitting the limit already.
June 10 -
U.S. tax revenue is running as much as $70 billion behind estimates more than halfway through the fiscal year, leaving the government with less cash than planned and adding to pressure on Congress to raise the debt ceiling.
June 8 -
A pledge not to give the wealthiest Americans an absolute tax cut is coming back to haunt Treasury Secretary Steven Mnuchin.
May 26 -
Trump's budget aims to cut approximately $3.6 trillion in spending, in part from eligibility changes for the Earned Income Tax Credit and Child Tax Credit.
May 24Thomson Reuters Checkpoint -
House Speaker Paul Ryan says he agrees that his proposal for a border-adjusted tax needs to be changed if it’s to pass Congress, but he said he’s not giving up on the idea.
May 24 -
Presidents have long used creative math and budget gimmicks to create the illusion that the trillions of dollars in spending they propose will somehow wind up reducing the deficit. Donald Trump’s $4.1 trillion budget is especially ambitious: It combines many of the tricks his predecessors tried over the years, and adds a few of his own.
May 24 -
House Ways and Means Chairman Kevin Brady said he’s open to reviewing parts of the House Republican tax blueprint as Congress looks for a path forward on trying to make U.S. businesses more competitive globally—even as Treasury Secretary Steven Mnuchin offered his most direct criticism of the plan yet.
May 23 -
Treasury Secretary Steven Mnuchin said that he can’t guarantee that the White House’s goal of no tax cuts for the wealthiest earners will survive the legislative debate.
May 23















