The White House has prepared a request to Congress for an initial $5.9 billion package in Harvey recovery aid, a first down payment to make sure recovery efforts over the next few weeks are adequately funded.
President Trump restated his campaign goals of lowering the corporate tax rate to 15 percent and offering new tax benefits for child care in a speech on tax reform in Springfield, Mo., Wednesday, although he didn't offer any new details.
The effort to defund Planned Parenthood may be stalled at the federal level, but recent legal and legislative victories have given states more power than ever to cut off taxpayer funding to the nation’s largest abortion provider.
Congressional Republicans working to craft a tax reform package are taking their pitches to major Fortune 500 companies this week, as they look to coalesce support from the business community ahead of an expected legislative push in the fall.
Inflation-adjusted federal tax revenues hit a record $2,469,178,000,000 for the first 10 months of fiscal year this July, but the federal government still ran a $460,450,000,000 deficit during that time.