Trump administration

Government agencies are working on ways to trim their workforces, as requested by the Trump administration. Offering buyouts to federal employees is one way – but up till now the maximum that can be offered is $25,000. A Senate bill coming before a committee today could increase it to $40,000 – the first bump in […]

The Trump administration is asking for new regulations in the name of grid reliability. Specifically, it wants to support coal and nuclear power to make sure the U.S. always has a  supply on-hand for possible times of need. But skeptics wonder if this is all a back-door bailout for power plants that simply can’t compete […]

President Trump and his team have repeatedly said over the last few weeks that their tax bill won’t include tax cuts for the wealthy. It’s a promise the president repeated yesterday and that his economic adviser, Gary Cohn, echoed this morning on “Good Morning America.” But how true is that claim? Click the audio player […]

The first major tax code rewrite since 1986 is set to bring on a lobbying frenzy. Every element of the tax code has a constituency, and behind that constituency, a solid lobbying effort. It’s been called the “hunger games” for lobbyists. We look at what’s at stake for them.  Click the audio player above to […]

A key component of the Republican tax plan is doubling the standard deduction for individuals. The standard deduction reduces the amount of income on which you pay taxes, so doubling it means folks who typically take the standard deduction could have lower taxable income. And it also could lead more people to take the standard […]