President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Bessent said the extension of the 2017 tax cuts was the single most important issue facing lawmakers. "This is pass-fail," Bessent said, in the start of questions at his confirmation hearings. Failure ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...