Budget Battles
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The Healthiest — and Unhealthiest — US States
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Health Spending Hits Record High, Even With 1 Million Fewer Insured
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A White House Report Slams Pelosi’s Drug Plan. Experts Call Its Claims ‘Nonsense’
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Hospitals Sue to Protect Secret Prices
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How a Public Option Would Affect the Insurance Market
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Joe Biden Says Pete Buttigieg ‘Stole’ His Health Care Plan
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63% Say U.S. Health Care Has Huge Problems — and That’s an Improvement
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After Trump’s Cuts, US Taxes Are Fourth Lowest in the Developed World
By Michael RaineyTotal U.S. taxes as a share of the economy fell to 24.3% last year, thanks in large part to the tax cuts signed into law by President Trump in 2017, the Organization for Economic Cooperation and...
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Biden Unveils $3.2 Trillion Tax Plan Targeting Corporations Like Amazon
Joe Biden rolled out a plan Wednesday to raise $3.2 trillion in additional taxes over 10 years, with the wealthy and corporations paying more to cover the cost of spending proposals on health care,...
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Bad News for Charity on Giving Tuesday
By Michael Rainey“Despite Giving Tuesday and despite all the charitable appeals that almost certainly landed in inboxes, charitable donations by individuals declined by slightly more than 1 percent in 2018, according...
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Only One Demographic Group Opposes Warren’s Wealth Tax
The idea of a wealth tax like the one proposed by Sen. Elizabeth Warren is popular with a broad swath of voters, Ben Casselman and Jim Tankersley of The New York Times report . A new nationwide poll...
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Chart of the Day: Record Low Poverty Rate
By Michael RaineyThe extensive array of government assistance programs — including Social Security, unemployment insurance, veterans’ benefits, nutritional aid, rental assistance and the Earned Income Tax Credit —...
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Public Investment Is the Key to Avoiding Economic Stagnation: Report
By Michael RaineyEconomic stagnation on a global scale is a growing threat, according to a new report from the Organization for Economic Co-operation and Development (OECD). The group’s November economic outlook...
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Pushing Back Against the Wealth Tax at the Dem Debate
By Michael RaineySen. Elizabeth Warren defended her proposed wealth tax at the Democratic presidential debate on Wednesday night: “I’m tired of freeloading billionaires,” Warren said . “I think it's time that we ask...
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Democrat's New Taxes Wouldn't Hit Just Billionaires
By Michael RaineySome Democratic tax proposals are focused on making millionaires and billionaires pay more, but other households would be affected as well. Neil Irwin of The New York Times points out Tuesday that...
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An Easy Way to Get $1 Trillion More in Tax Revenue?
By Michael RaineyThe first step in reforming the U.S. tax system doesn’t involve raising rates or eliminating deductions, say former Treasury Secretary Lawrence Summers and Penn Law professor Natasha Sarin. Instead,...
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FedEx Battles New York Times Over Trump’s Tax Cuts
By Michael RaineyThe New York Times published a piece Saturday highlighting the huge windfall FedEx received from the 2017 GOP tax cuts — and the company’s CEO isn’t happy with the analysis. According to the Times,...
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Tax Break for Poor Neighborhoods Is Helping Build a Superyacht Marina
By Michael RaineyThe 2017 Tax Cuts and Jobs Act created special “opportunity zones” that give investors generous tax breaks in exchange for investing in low-income neighborhoods. The purpose of the tax law is “to...
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Elizabeth Warren Escalates Her Battle With Billionaires
By Michael RaineyElizabeth Warren’s proposed wealth tax has ruffled quite a few feathers among America’s billionaire class, and her rhetorical battle with the superrich entered a new phase Wednesday when investor...
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Trump Eyes New Middle-Class Tax Cut – and a Massive Break for the Rich
President Trump’s economic advisers are considering whether he should make the promise of a middle-class tax cut a central element of his reelection campaign, according to various reports. The...
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Elizabeth Warren Says Americans Will Spend $11 Trillion on Health Care. Is That True?
By Michael RaineyElizabeth Warren says that Americans will spend “about $11 trillion on insurance premiums, copays, deductibles and uncovered medical expenses” over the next 10 years if the current health care system...
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Mark Sanford Ends 2020 Presidential Bid Challenging Trump
Former South Carolina Rep. Mark Sanford suspended his longshot presidential bid on Tuesday, 65 days after he announced he would challenge President Trump for the 2020 Republican nomination. A fiscal...
Taxes Directory
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