Budget and Tax News

Budget and tax news stories.

Pelosi Vows to Undo Federal Tax Reform

July 19, 2018

U.S. House Minority Leader Nancy Pelosi (D-CA) says she will work to undo the federal tax reforms enacted in December 2017 if the Democratic Party achieves a majority in the U.S. House of [...]

Congress, Trump Roll Back Dodd-Frank

June 15, 2018

The U.S. House of Representatives passed on May 22 a Senate-approved bill to ease federal restrictions on banks and reduce the cost of regulatory compliance. President Trump signed the legislation [...]

Fannie Mae Seeks Second Taxpayer Bailout

May 12, 2018

The Federal National Mortgage Association, a government-sponsored enterprise (GSE) commonly referred to as Fannie Mae, is asking the U.S. Treasury Department for $3.7 billion in taxpayer money to [...]

Arizona House Tackling Occupational Licensing

March 13, 2018

The Arizona state House of Representatives’ Committee of the Whole approved House Bill 2011 (H.B. 2011), which would reduce occupational licensing regulations for blow-dry hair stylists. Sponsored [...]

Supreme Court Hears Case on Forced Union Dues

February 27, 2018

The U.S. Supreme Court heard a case questioning whether governments can deduct union fees from public sector employees’ paychecks without the workers’ permission. Oral arguments in Janus v. [...]

Worker-Freedom Bill Offered in New Jersey

February 27, 2018

New Jersey state Assembly members Robert Auth (R-Bergen) and Amy Handlin (R-Monmouth) introduced a bill to allow workers in the state to opt out of union membership. Assembly Bill 183 was introduced [...]