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Capitol Report: Trump administration reverses stance on obscure tax provision that could have cost $700 million

The Trump administration in large part reverses itself on an unusual tax provision that could have cost Corporate America more than $700 million. But not all companies that lobbied on the matter are happy......»»

Category: topSource: marketwatchFeb 12th, 2019

Capitol Report: Corporate America is lobbying against an obscure provision that may cost them over $700 million

Companies cheered the elimination of the corporate alternative minimum tax, but it hasn’t been all smooth sailing ever since. Corporate America has AMT credits and refunds that are subject to reductions, and it’s fighting these “sequester” cuts......»»

Category: topSource: marketwatchOct 9th, 2018

Capitol Report: Companies are fighting an obscure provision that could cost them over $700 million

Companies cheered the elimination of the corporate alternative minimum tax, but it hasn’t been all smooth sailing ever since. Corporate America has AMT credits and refunds that are subject to reductions, and it’s fighting these “sequester” cuts......»»

Category: topSource: marketwatchOct 9th, 2018

Federal freeze on ACA payments could cost MN insurers $71M

A push by the Trump administration to suspend an Affordable Care Act payments program could cost Minnesota insurers more than $70 million in expected funding this year.   The New York Times has a report on the move by the federal Centers for Medicare.....»»

Category: topSource: bizjournalsJul 10th, 2018

After controversy, Trump administration releases report showing deals between banks,colleges cost students $27 million

A former official at the CFPB, which produced the study, accused political leadership of suppressing it......»»

Category: topSource: marketwatchDec 10th, 2018

Delegation seeks settlement of Dakota Access protest costs

North Dakota's congressional delegation is calling on President Donald Trump's administration to address the state's year-old request for $38 million to cover the cost of policing protests against the Dakota Access oil pipeline......»»

Category: topSource: foxnewsJun 11th, 2019

Capitol Report: Here’s how much Tiffany Trump’s trip to Cannes cost U.S. taxpayers

Tiffany Trump’s weekend jaunt to the 72nd annual Cannes film festival, while nothing even close to the $3.4 million it costs taxpayers when her dad visits the “Winter White House” at Mar-a-Lago, still carried a pretty steep price tag......»»

Category: topSource: marketwatchMay 20th, 2019

: 8.2 million workers could lose out on higher overtime pay if Trump rule OK’d, study says

More than 8 million workers who would have become eligible for overtime pay under an Obama-era proposal would lose out under an alternative plan by the Trump administration, a new report contends......»»

Category: topSource: marketwatchMar 25th, 2019

Capitol Report: O’Rourke narrowly outraises Sanders in first hours of campaign | Trump reportedly rages against driverless cars

Beto O’Rourke raised more than $6 million online in the first 24 hours after announcing his presidential campaign last week, the New York Times reports, citing the Democrat’s campaign, outpacing his rivals for his party’s nomination......»»

Category: topSource: marketwatchMar 18th, 2019

Capitol Report: More than 40% of tax law’s ‘pass through’ benefit goes to millionaires, Congressional estimate finds

A deduction for pass-through businesses included in the tax overhaul President Donald Trump signed last year will largely benefit those making more than $1 million, according to a new congressional estimate......»»

Category: topSource: marketwatchApr 23rd, 2018

Capitol Report: White House steps up campaign for Pompeo as confirmation battle heats up

The Trump administration and Arkansas Sen. Tom Cotton stepped up a campaign for Mike Pompeo’s nomination to head the State Department on Wednesday, as Pompeo runs into resistance in the Senate......»»

Category: topSource: marketwatchApr 18th, 2018

Capitol Report: China can’t match U.S. in tariffs, but it has other weapons to use

President Trump claims China has more to lose than the U.S. in a trade war between the two countries. He might be right, but at what cost?.....»»

Category: topSource: marketwatchApr 7th, 2018

Capitol Report: China might have more to lose in trade war with Trump, but it won’t be pain-free for U.S.

President Trump claims China has more to lose than the U.S. in a trade war between the two countries. He might be right, but at what cost?.....»»

Category: topSource: marketwatchApr 6th, 2018

Capitol Report: Pompeo, Zinke urged crackdown on ZTE during Obama years | Bernie Sanders says Trump ‘heartless’ towards immigrants

Pompeo, Zinke urged Obama administration officials to crack down on ZTE; Bernie Sanders says President Trump ‘heartless’ toward immigrants; Hannity and Trump reportedly talk most weeknights; and more ......»»

Category: topSource: marketwatchMay 14th, 2018

Capitol Report: Trump earned as much as $1 million from ‘The Art of the Deal’ last year

A book Donald Trump first published in 1987 made him as much as $1 million 30 years later, documents released Wednesday by the Office of Government Ethics show......»»

Category: topSource: marketwatchMay 16th, 2018

Capitol Report: Trump still owes lenders including Deutsche Bank as much as $480 million

President Donald Trump’s latest f.....»»

Category: topSource: marketwatchMay 16th, 2018

Please OPEC Please! The Energy Report 06/05/18

Oil prices are still in washout mode after a report that the Trump Administration asked OPEC to please raise oil output by 1 million barrels [...].....»»

Category: optionsSource: insidefuturesJun 5th, 2018

Capitol Report: Nielsen says U.S. has asked asylum seekers to come back later

Homeland Security Secretary Kirstjen Nielsen on Monday defended the Trump administration and suggested that would-be asylum seekers return when the U.S. is better prepared......»»

Category: topSource: marketwatchJun 18th, 2018

Trump"s Mar-a-lago visits have cost taxpayers nearly $20M

A new report reveals that The President's frequent trips to his Florida estate have cost the Coast Guard nearly $20 million. Tony Spitz has the details......»»

Category: topSource: moneycentralJun 22nd, 2018

Capitol Report: Trump Scoreboard still showing better numbers on jobs than wages as total hiring tops 3 million for the presidency

The latest update to the Trump Scoreboard continues to shows more progress on adding new jobs than boosting wages of the already employed......»»

Category: topSource: marketwatchJul 6th, 2018

Capitol Report: Here’s who wins and loses if capital gains are indexed to inflation

The Trump administration is reportedly studying whether it can us.....»»

Category: topSource: marketwatchJul 31st, 2018