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To Boost US Economy, Renew Trump Tax Cuts
Not extending the tax cuts could be harmful for just about everyone. First, the cuts have proven their ability to foster GDP growth.
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House Republicans Seek Savings to Fund Tax Cuts
To fund massive tax cuts, House Republican committee chairs proposed spending cuts and budget savings that could add up to $3 trillion, Punchbowl News reported.
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Rep. Jason Smith: GOP 'Threading Needle' on Tax Cuts
Rep. Jason Smith, R-Mo., told Newsmax on Friday that Republicans are "threading the needle" and accumulating support for a wide-ranging tax bill to extend cuts passed in 2017, among other measures.
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Consumer Sentiment Ebbs, Inflation Outlook Rises
U.S. consumer sentiment weakened in January for the first time in six months amid worries about the labor market and potential higher prices for goods if President Donald Trump's new administration presses ahead with planned tariffs on imports.
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World Inflation Not Fully Defeated Yet: IMF's Georgieva
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director Kristalina Georgieva said in Davos.
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Federal Reserve to Oppose Trump on Cutting Rates
The Federal Reserve is on track to keep interest rates on hold "for the foreseeable future" and may even increase them, as central banks await more direction on President Trump policies, Pimco CIO Dan Ivascyn told The Financial Times.
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Is Trump's External Revenue Service the Answer?
For decades, the IRS has been the bane of many Americans' existence, a symbol of the overreach of the federal government. Despite persistent calls for flat taxes, reforms, and even its outright abolition, the agency remains a fixture of American life. Enter the External Revenue Service.
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Trump to Demand Lower Interest Rates Immediately
U.S. President Donald Trump Thursday said he would demand that interest rates drop immediately, and that other countries should follow suit - marking his first broadside at Federal Reserve monetary policymaking since taking office just three days ago.
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Trump: Asking Saudi Arabia and OPEC to Cut Oil Price
President Donald Trump said Thursday he would ask Saudi Arabia and OPEC to bring down the price of oil and would be asking Riyadh to increase a planned U.S. investment package to $1 trillion from an initial $600 billion.
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Norway Wealth Fund CEO: US Inflation a Risk to Markets
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said Thursday that inflationary pressure in the United States was one of the biggest risks to financial markets this year.
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A Boon for Foreign Call Centers, a Blow to US Jobs
With the inauguration of Donald Trump and the leadership shakeup at the Federal Communications Commission (FCC), the regulatory landscape is shifting.Brendan Carr has replaced Jessica Rosenworcel as FCC chair, and a new Republican majority now controls the Commission....
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Can Trump Tackle America's Mounting National Debt?
The U.S. national debt has surged to an alarming $36.2 trillion, reflecting a relentless rise in government spending over the decades.
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Trump's First 100 Days: Taxes, Tariffs, Immigration, Regs
Republicans could quickly lose their narrow majority in the House through deaths, resignations and special elections.
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Trump: OpenAI, SoftBank, Oracle to Invest $500B in AI
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
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BofA CEO: Trump Policies Positive for Business
Bank of America Chief Executive Brian Moynihan Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a "good thing" for business.
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Steidler: Trump's Trade Battle Looms
Trade disputes with Canada, Mexico, and China are at the forefront. The showdown with the EU will have profound consequences. The EU will be best served by purchasing more U.S. goods, welcoming U.S. investment, and to cease and desist from attacks on U.S. companies.
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US to Exit Paris Agreement, Expand Drilling
President Donald Trump's administration Monday announced the United States' intention to withdraw from the Paris climate accord for a second time, a defiant rejection of global efforts to combat planetary warming as catastrophic weather events intensify worldwide.
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After 4 Dismal Years, America Renewed
As we celebrate the inauguration of President Trump and say goodbye to the destructive malaise of the Biden administration, I have great hope for America in 2025.
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Trump Pledges 'Golden Age' for US
Donald Trump pronounced the start of a "golden age" in the United States after taking the oath for a historic second term as president on Monday, using his inaugural speech to lay out his vision for rescuing a "broken" society."The golden age of America begins right now....
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Trump to Immediately Declare National Energy Emergency
U.S. President Donald Trump Monday said he would immediately declare a national energy emergency, promising to fill up strategic reserves and export American energy all over the world.
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WSJ: Trump to Outline Trade Vision, Won't Impose New Tariffs Yet
Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office, but rather directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, the Wall Street Journal reported on...
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Trump to Call on 'All of Government' to Fight Inflation
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
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Trump Wants to Revamp Federal Agency as Sovereign Wealth Fund
President-elect Donald Trump's team wants the U.S. International Development Finance Corp (DFC) to function more like a sovereign wealth fund and be an effective tool for deploying economic power, Bloomberg News reported Friday.
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House GOP Mulls 200+ Budget Cuts, Breaks, Tariffs
House Budget Committee Republicans are eyeing more than 200 changes to the federal budget ahead of the vast reconciliation bill, including myriad spending cuts, tax breaks, tariffs as well as tweaks to Medicare and Social Security, it was reported Friday.
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Repairing America via Presidential Financial Powers
A Bold Solution to Alleviate Damages Caused by: Inflation, War, Crime, Poor Policies, and the Energy Crisis