NEWYou can now listen to Fox News articles! President Donald Trump is heading this week to two crucial swing states in this year’s midterm elections to highlight the tax cuts that Republicans in Congress passed, and which he signed into law, last year. He will visit Nevada on Thursday and Arizona on Friday. The stops … Read more
NEWYou can now listen to Fox News articles! More than 53 million tax filers used at least one of President Donald Trump’s signature tax breaks this filing season, as the average refund climbed above $3,400, according to Treasury Department data released on Tax Day. The figures mark the first filing season since the Republican-backed “Working … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: On the deadline for Americans to file their taxes, Senate Republicans are targeting Democrats for voting against tax cuts the GOP passed and President Donald Trump signed into law last summer. The National Republican Senatorial Committee (NRSC), the Senate GOP’s campaign arm, on Wednesday … Read more
NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani is pointing to stark racial wealth disparities — including a gap of more than $180,000 between White and Black households — to justify expanding diversity initiatives, raising taxes and cutting police positions. Mamdani last week released a 375-page “Preliminary Racial Equity … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: Hillsdale College told War Secretary Pete Hegseth it would be “honored” to help educate senior U.S. military officers — aligning itself with the administration’s push to cut ties with Ivy League schools over concerns about ideological influence. In a March 30 letter to Hegseth, … Read more
WASHINGTON — Tax cuts are becoming the hottest new idea in Democratic politics from coast to coast, as candidates across the party spectrum seek to capitalize on cost-of-living struggles and win back working-class voters. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Sens. Cory Booker, D-N.J., and Chris … Read more
NEWYou can now listen to Fox News articles! The White House on Friday proposed a sweeping fiscal year 2027 budget that would dramatically increase military spending to roughly $1.5 trillion while cutting billions from domestic programs, marking a sharp shift in federal priorities toward national security and border enforcement. The proposal outlines roughly $1.5 trillion … Read more
Federal Reserve Bank of Chicago President Austan Goolsbee thinks that the Iran war risks fueling inflation, which would make it harder for the central bank to ease interest rates in 2026. Goolsbee — who emphasized he was speaking for himself and not for the Federal Reserve as a whole — told CBS News that, before … Read more
Washington — President Trump’s budget proposal for fiscal year 2027 asks Congress for $1.5 trillion in defense spending — a 42% increase — while cutting nondefense spending by $73 billion, or 10%. The White House released the 92-page budget request on Friday, accompanied by several summaries of the administration’s key priorities across the executive branch. The … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX – A leading conservative issue advocacy group aligned with House Speaker Mike Johnson is shelling out big bucks to highlight the tax cuts in the so-called “Working Families Tax Cuts Act.” The American Action Network (AAN) on Tuesday is launching what it says is … Read more