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GOP’s Tax Victory Shapes Spending Battles Ahead

December 21, 2017 Congress passed the most significant tax overhaul since 1986 on Wednesday, slashing over a trillion dollars primarily to the benefit of corporations and wealthy Americans—and setting up a series of dramatic fights in the coming years over the size and role of government. While Republicans initially wanted the bill to...

IRS Faces a Resource Crunch

August 25, 2017 Understaffed and under-budget, the IRS will face a tough challenge rolling out any tax overhaul Congress may pass. Throughout August, lawmakers and the White House have worked out details on a unified tax-reform outline they hope to unveil in September, with an eye toward committee work on a bill in...

Apparent Collapse of Obamacare Repeal Makes It Harder to Pass a Budget

July 20, 2017 The GOP flameout on its Obamacare-repeal effort is putting political pressure on Republicans to pass sweeping tax-reform legislation—and making it more complicated to write. The party’s signature policy goal is far from finished, with senior House, Senate, and administration officials meeting behind closed doors to work out details. Tax writers...