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Trump promised to get rid of red ink in 8 years. But the deficit just topped $1 trillion for the first time since 2012.

The national deficit topped $1 trillion in the first 11 months of the fiscal year, the Treasury Department said this week.

The White House says it’s not worried about the economy. But its calls for tax cuts and lower interest rates suggest otherwise.

Recent policy suggestions including tax and interest rate cuts paint a picture of an administration keenly aware of an economy at risk.

Urban Outfitters is crashing after a sales slump that its CEO blamed on a comedown from Trump’s tax cut ‘sugar high’

Sales rose 1% last quarter after surging 12% over the same period last year. The CEO said shoppers last year were euphoric on tax cuts.

The GOP tax cuts could help Trump get reelected in 2020, even though most Americans hate them

"I think if you look at all the sentiment measures that matter, they're through the roof," President Donald Trump's adviser Kevin Hassett said.
Rep. Alexandria Ocasio-Cortez.

Billionaires who hate Alexandria Ocasio-Cortez’s 70% tax on the superrich are adamant it will hurt the economy — but history suggests othe...

Alexandria Ocasio-Cortez's 70% tax on the ultrarich faced quick backlash. But a compelling case can be made that it's an optimal rate for the economy.

Alexandria Ocasio-Cortez’s 70% tax on the super-rich is more popular than Trump’s tax cuts, new poll shows

According to an INSIDER poll, a plurality of Americans support a 70% tax rate on income over $10 million.

Key Senate Republican calls Trump’s proposal for new tax cuts ‘highly unlikely’ this year

You can’t count out the Congress, I mean we could, but I’m not going to say," Hatch told reporters on Wednesday when asked about a vote shortly after the midterm elections on November 6. "It’d be highly unlikely but it could happen."

Trump denies that he started talking about a mysterious new tax cut because the original GOP tax law is unpopular

President Donald Trump rebuffed the suggestion that his new surprise tax cut promise from Saturday was made only because the perception of the initial GOP tax reform law is so negative.

House Republicans just passed their huge ‘Tax Cuts 2.0’ bill, but it’s probably dead in the water

House Republicans passed their "Tax Cuts 2.0" package on Friday, which would extend the Tax Cuts and Jobs Act's individual tax cuts. The extension would provide a small boost to the economy and mainly favor wealthier Americans. The bill is also likely dead on arrival in the Senate.
Salesforce co-CEO Marc Benioff

Salesforce’s Marc Benioff touts the Trump tax cuts: I don’t know a CEO who’s not aggressively spending

Executives around the world are flush with cash, and they're spending it on "digital transformation," according to Salesforce co-CEO Marc Benioff.