In reading coverage of the Republican tax bill, which passed the House on Wednesday and is ready for President Trump’s signature, I was reminded of this famous clip of the 1992 “town hall” presidential debate between Bill Clinton and George H.W. Bush, in which a voter asked the candidates a question about the “national debt” […]
H&R Block’s shareholders endured a rough patch in early November, and the initial draft of the GOP’s tax overhaul appears to be at least partly to blame. On Nov. 2, Rep. Kevin Brady, the chairman of the House Ways and Means Committee, and Speaker Paul Ryan unveiled the original version of the House bill, kicking […]
President Trump’s first year has been marked by an almost complete lack of major policy wins. But that could come to an end this week. Congress is on the verge of passing a massive tax bill into law. It would be the first major legislative victory for Trump and the Republicans. And it would accomplish […]
Congressional Republicans are likely to push through their tax policy legislation next week — but they should be getting a little nervous. Here’s the most likely scenario for the next few days, one that should comfort Republicans and President Trump. House and Senate Republicans already have the outlines of a compromise bill that would reconcile […]
That was embarrassing. Gary Cohn, director of the National Economic Council and one of the “Big Six” Republicans behind President Trump’s tax rewrite, was on stage at The Wall Street Journal’s annual gathering of business executives in Washington last month defending the plan. He looked happy to be there. Both the House and the Senate […]