Here’s what Harris is proposing for the economy
CNN
Vice President Kamala Harris is adding tax relief for small businesses to her economic policy platform aimed at helping middle-class and working Americans.
Vice President Kamala Harris is adding tax relief for small businesses to her economic policy platform aimed at helping middle-class and working Americans. Harris unveiled Wednesday a proposal to massively increase the existing small business tax deduction for startup costs and cut the red tape that impedes small businesses’ formation and growth. Her goal: 25 million new small business applications by the end of her first term, up from the record 19 million received under the Biden administration as of mid-August. Harris on Wednesday also proposed raising the capital gains tax rate, though by not as much as President Joe Biden has called for. The measures come three weeks after Harris released a four-part package aimed at making housing, groceries, child rearing and prescription drugs more affordable. Many of the proposals build upon efforts the Biden administration has already unveiled. Most, if not all, of Harris’ proposals would require congressional approval, which would be a significant hurdle if Capitol Hill remains as divided as it is currently.
Four days after Donald Trump’s inauguration, Elon Musk’s top lieutenants at the Treasury Department asked its acting secretary, a career civil servant, to immediately shut off all USAID payments using the department’s own ultra-sensitive payment processing system.
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Security for the Super Bowl in New Orleans will feature more boots on the ground, more tech and more intelligence – spearheaded by a federal official who grew up 40 miles from where kickoff will take place.
The Trump administration’s rapid moves to dismantle the US Agency for International Development have left thousands of workers scrambling to figure out what comes next and scores of those posted in dangerous hotspots around the world afraid for their safety.
President Donald Trump’s bid to remake the federal government is already affecting some vulnerable populations in the United States, according to nonprofits and health care providers who are grappling with delays in federal funding, new rules and changed guidance.
President Trump is seeking to end birthright citizenship in the United States. What is it, which other countries apply the policy and who would be affected by the order?
Panama denied a claim made by the State Department on Wednesday that the Central American nation had agreed to no longer charge fees for US government ships to transit the country’s famous canal.
The one-time Georgia prosecutor accused of using her office to impede the investigation into Ahmaud Arbery’s killers is set to stand trial more than four years after the Black 26-year-old’s death fueled nationwide protests over racial injustice.
Eligible federal workers must decide by 11:59 pm ET on Thursday whether to take the Trump administration’s deferred resignation offer, which will allow them to leave their jobs but be paid through the end of September.
Two Treasury Department employees affiliated with Elon Musk’s Department of Government Efficiency will keep limited access to the highly sensitive payment system within the agency, following emergency court proceedings Wednesday that arose out of privacy concerns about DOGE’s access to the system.
The CIA has sent the White House an unclassified email listing all new hires that have been with the agency for two years or less in an effort to comply with an executive order to downsize the federal workforce, according to three sources familiar with the matter – a deeply unorthodox move that could potentially expose the identities of those officers to foreign government hackers.
After nearly three weeks in the minority, Democrats have finally settled on a target to rally against: Elon Musk.
The Office of Personnel Management’s chief financial officer, who manages more than $1 trillion in funds, was pushed out this week, two sources with knowledge of the situation told CNN.