Tax cuts

House Lawmakers Work On Final Passage Of Signature Budget Bill

National

DNC chair says Republicans sold 'their constituents out to help billionaires'

5:11pm July 03, 2025

by Sarah Handel

NPR's Juana Summers talks with Ken Martin, chairman of the Democratic National Committee, about how Trump's massive tax and policy bill will figure into democratic messaging in the midterms.

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President Trump Signs His "Big, Beautiful Bill" Into Law And Celebrates Independence Day At The White House

National

Trump on Fourth of July signs 'One Big Beautiful Bill' to implement his agenda

2:32pm July 03, 2025

President Trump signed a massive tax and spending bill to implement much of his domestic agenda during a celebration for the Fourth of July.

National

Senate GOP passes Trump's sweeping policy bill, setting up decisive vote in the House

12:08pm July 01, 2025

The Republican megabill cuts trillions in taxes, while scaling back spending on Medicaid and other federal programs. It now heads to the House, where some GOP lawmakers are signaling major objections.

Donald Trump Delivers Joint Address To Congress

National

Read NPR's annotated fact check of President Trump's address to Congress

6:11pm March 04, 2025

As President Trump addressed a joint session of Congress, reporters from across NPR's newsroom fact-checked his speech and offered context.

US-POLITICS-CONGRESS-HEARING-TREASURY-BESSENT

Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know

3:42pm January 16, 2025

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.

The man in black from the 1987 film, The Princess Bride, captures the same kind of hopeless dilemma many governments are facing, choosing between addressing inflation and addressing a possible coming recession.

Recession or Inflation? Governments around the world must pick their poison

5:24pm October 25, 2022

by Stacey Vanek Smith

Liz Truss' resignation as Prime Minister is being blamed on a faulty economic plan. But her fate should serve as a warning to other countries that may have to grapple with an inconceivable choice.

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President Ronald Reagan shows his boot following the signing of his tax bill in August 1981 at his vacation home near Santa Barbara, Calif.

Politics & Government

The Democratic Push To Tax The Rich More Is 40 Years In The Making

6:41pm September 16, 2021

by Ron Elving

Democrats will try the same budgetary process from four decades ago when first-year President Ronald Reagan used reconciliation to achieve his "revolution" in federal fiscal policy.

The White House honored economist Art Laffer with the Presidential Medal of Freedom. For decades, Laffer has promoted the idea that tax cuts pay for themselves, against all evidence to the contrary.

From A Napkin To A White House Medal — The Path Of A Controversial Economic Idea

8:31pm June 19, 2019

by Scott Horsley

Art Laffer received the Presidential Medal of Freedom Wednesday. For decades, Laffer has promoted the idea that tax cuts pay for themselves, against all evidence to the contrary.

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Taxpayers faced with smaller refunds or higher taxes have been airing their grievances online.

Anger, Confusion Over Dwindling Refunds. Is Trump's Tax Plan To Blame?

5:18pm February 14, 2019

by Daniella Cheslow

Tax refunds so far have been smaller than last year's. Some taxpayers kept a bigger share of their income, but for others it reflects an overhaul that rewarded high earners the most.

President Trump, pictured delivering his first prime-time address from the Oval Office on Jan. 8, hits the two-year mark of his presidency on Sunday.

Politics & Government

Progress Report: President Trump's Campaign Promises, 2 Years Later

7:07am January 20, 2019

by Scott Horsley

At the midpoint of his four-year term, President Trump has delivered on some campaign promises and ignored others, while many are still works in progress.

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