Oregon lawmakers have just a few months to decide if they’ll let state tax policy automatically couple with federal tax cuts passed in the July GOP megalaw that could reduce the state income tax burden on Oregonians and businesses but leave the state government without hundreds of millions of dollars in revenue for public services. […]
(The Center Square) – By fiscal year 2035, the national debt is set to surpass $53 trillion, or 120% of the nation’s Gross Domestic Product, according to a new estimate by the Committee for a Responsible Federal Budget.
(The Center Square) – The White House is touting a new economic analysis that estimates taxpayers will see an average $3,752 tax cut in 2026, due to provisions in the One Big Beautiful Bill Act.
(The Center Square) – The average American household will see their resources increase over the next 10 years due to the tax cuts in the One Big Beautiful Bill Act, according to the most recent Congressional Budget Office analysis.
(The Center Square) – Only five weeks after the multitrillion-dollar One Big Beautiful Bill Act became law, Republicans are already charting a policy roadmap for another budget reconciliation bill.
(The Center Square) – Both chambers of Congress are in August recess, and Republican lawmakers are using the time to promote the tax cuts passed in President Donald Trump’s “one big, beautiful bill.”
(The Center Square) – Republicans’ recently-passed One Big Beautiful Bill Act will add trillions to the federal deficit and debt over the next decade, according to the Congressional Budget Office’s final cost analysis.
(The Center Square) – President Donald Trump's tariffs could cancel out the economic benefits of the GOP's tax cuts, according to a new analysis from the Tax Foundation.
(The Center Square) — U.S. Rep. Dina Titus, D-Nevada, has introduced a bill to fully restore a tax deduction for bettors that was reduced in the federal budget bill.