Donald Trump, tax cut and economist
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WASHINGTON (AP) — As Republican senators consider President Donald Trump’s big bill that could slash federal spending and extend tax cuts, a new survey shows most U.S. adults don’t think the government is overspending on the programs the GOP has focused on cutting, like Medicaid and food stamps.
Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from Wisconsin income taxes.
Colorado estimates it could have to come up with anywhere from $200 million to $360 million annually for food assistance benefits, depending on the language in the final bill.
4don MSN
WASHINGTON (AP) — The Republican tax bill approved by the U.S. House of Representatives would cost the poorest Americans roughly $1,600 a year while increasing the income of the wealthiest households by an average of $12,000 annually, according to a new analysis released Thursday by the Congressional Budget Office.