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Trump is repeating his 2018 midterm strategy by floating another tax cut. But it didn’t even work the first time.
The strategy risks backfiring on Republicans again after the law failed to deliver the enduring economic gains the White House had promised.
Marco Rubio reverses course again, praises Republican tax law days after saying there’s ‘no evidence’ it helps American workers
Marco Rubio said in an op-ed on Wednesday that the tax law passed by Republicans and supported by President Donald Trump "has been good for Americans." The op-ed comes two days after an Economist interview in which Rubio said there is "no evidence whatsoever" the law is helping American workers.
Republicans want to try and pass a second tax bill before the midterms to force Democrats to make a hard choice on whether to give the GOP a political victory.
Rep. Kevin Brady said that the stock market's big drop is "a healthy thing."
Because of changes in Republicans' new tax law, close to 90% of Americans will see their take-home pay increase.
A new poll released on Wednesday showed the GOP tax law is gaining in favorability among Americans in a boost to Republicans' electoral chances.
The approval for the newly-implemented Republican tax law is improving according to a new law, which is critical for Republicans.
Treasury Secretary Mnuchin said that the US is not considering a digital currency, but is looking into regulating bitcoin during a talk on Friday.
"The bonus that corporate America received versus the crumbs that they are giving workers to kind of put the schmooze on is so pathetic," Pelosi said.
President Donald Trump will tout $5.5 trillion in tax cuts in a speech Monday, but that number does not include tax increases includedin the bill.