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Thom Tillis Pulls Out Of 2026 Re-Election Run After Saying He 'Cannot Support' Trump-Backed 'One Big Beautiful Bill', President Calls It 'Great News'
Monday, June 30, 2025 - 1:33am | 421Sen. Thom Tillis (R-N.C.) said Sunday he will not run again in 2026, a decision that landed less than 24 hours after he crossed President Donald Trump on a marquee tax-and-immigration bill and drew an instant primary threat. What Happened: Serving in the U.S. Senate has been a “blessing,...
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Trump's Millionaire Tax More Of A Symbolic Gesture Than Step Towards Reducing Inequality, Warn Experts: 'It's Going To Give A Lot Of Republicans Heartburn'
Monday, May 12, 2025 - 3:57am | 570President Donald Trump‘s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts. What Happened: Howard Gleckman, from the Urban-Brookings Tax Policy ...
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Congress Could Greenlight Trump's 'Big Beautiful' Tax Bill By Summer: 'Things Are Moving Very, Very Quickly,' Says Hassett
Tuesday, April 22, 2025 - 4:58am | 524National Economic Council (NEC) Director Kevin Hassett anticipates the GOP tax bill will be approved by Congress by the start of summer. What Happened: Hassett informed journalists at the White House of his expectations for the tax bill. He stated, “The hope is that the tax bill will be...
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Latest Tax Reform Bill From Senate GOP Seeks Repeal Of ACA Individual Mandate
Tuesday, November 14, 2017 - 4:49pm | 428The latest Republican tax reform bill takes yet another stab at the Affordable Care Act with a proposed repeal of individual mandates, party leadership said Tuesday. The mandates had required Americans to either get health insurance or pay a tax, an alternative that incentivized coverage for an...