David Sherfinski
Articles by David Sherfinski
Rand Paul plans to vote yes on tax bill
Sen. Rand Paul on Monday announced he plans to vote for the Senate tax plan as it currently stands, handing GOP leaders a key "yes" vote ahead of a potential floor vote later in the week. Published November 27, 2017
Kevin Hassett: Growth from corporate tax cut will offset initial cost
A top economic adviser to President Trump on Tuesday said the GOP's tax cuts will ultimately have to "prove themselves," but predicted that changes to the corporate side alone can eventually help offset an initial $1.5 trillion revenue hit from the planned overhaul. Published November 21, 2017
Senate Republicans voice hesitations on tax reform bill
Sen. Susan Collins doesn't want to see the Obamacare individual mandate repealed. For Sens. Rand Paul and Tom Cotton, though, repealing the mandate is critical. Published November 20, 2017
House tax plan would recoup 10 percent of lost revenues through growth: Study
The GOP's House-passed tax overhaul would result in modest economic growth in the coming years and decades but would recoup only 10 percent of the revenue immediately lost by slashing rates, according to a study released Monday. Published November 20, 2017
Democrats blast GOP plan’s tax break on private jets
Republicans billed their tax overhaul as a way to clear out special loopholes from the bloated tax code — but the bill that will hit the Senate floor after Thanksgiving actually adds a host of new breaks on everything from private jet operators to citrus farmers. Published November 19, 2017
Senate Finance Committee advances Republican tax plan
The Senate Finance Committee on Thursday approved the GOP's nearly $1.5 trillion tax-cut plan, as Republicans cleared another major hurdle on their next big-ticket agenda item after the full House passed its own plan earlier in day. Published November 16, 2017
House easily passes $1.4 trillion tax cut
With spines stiffened by a presidential pep talk, House Republicans easily approved a $1.4 trillion tax cut Thursday, taking the first big step toward a decades-overdue overhaul that Republicans hope will send the economy soaring and win back wavering voters. Published November 16, 2017
Lower-income brackets would face tax increase after 2019 under Senate plan: Scorekeepers
All income levels would on average get a tax cut in 2019 under the Senate's modified plan, but people making between $10,000 and $30,000 would on average face an income tax increase starting in 2021 compared to current law. Published November 16, 2017
Ron Johnson: ‘I do not support’ House, Senate tax plans
One Republican senator said Wednesday he can't support the GOP's tax-cut plan, dealing a surprise blow to party leaders racing to make final tweaks and get a bill to President Trump this year. Published November 15, 2017
House kicks off debate on GOP tax overhaul plan
The House on Wednesday voted to start debate on the GOP's $1.5 trillion tax-cut package, as leaders look to pass the bill later this week and stay in line with a self-imposed year-end deadline to get a package to President Trump's desk. Published November 15, 2017
GOP senators: Dems can help us make individual tax cuts permanent
Republican senators on Wednesday said Democrats upset with the expiring individual tax cuts in their modified plan can always vote to make them permanent. Published November 15, 2017
NFIB endorses Senate tax plan
The National Federation of Independent Business, a leading small business lobbying group, on Wednesday threw its support behind the Senate's tax overhaul plan. Published November 15, 2017
Senate GOP to include repeal of Obamacare mandate in tax-cut bill
Senate Republicans said Tuesday they will include a repeal of Obamacare's individual mandate in their tax cut bill in a bold move that frees up more money for deeper tax cuts and takes a whack at the health care law they have repeatedly tried but failed to repeal. Published November 14, 2017
House tax bill clears committee, heads toward floor vote
House Republicans survived the first skirmish on their tax cut bill Thursday, pushing a $1.5 trillion plan through committee after last-minute changes to appease conservatives by restoring small but symbolic tax breaks such as the adoption credit. Published November 9, 2017
Adoption tax credit elimination plan pits Republicans against leaders
Republican leaders are taking major heat from their own members over their proposal to eliminate the adoption tax credit, with conservatives saying they can't stomach eliminating a policy that has been a major contributor to the pro-life movement. Published November 8, 2017
GOP tax writers weigh in on nixing Obamacare’s individual mandate
Republican leaders say they're open to including a repeal of Obamacare's individual mandate in their tax reform effort, hoping to appease conservatives, but won't consider other health-related items. Published November 7, 2017
Tax reform bill sees Republican Kevin Brady-proposed changes passed
House Republicans approved still more changes to their tax-cuts bill Monday, limiting a new tax increase on private colleges and universities to only the wealthiest schools and altering the way investment managers are taxed as GOP leaders try to build consensus among their members. Published November 6, 2017
House panel kicks off tax bill debate
The House Ways and Means Committee kicked off debate Monday on the GOP's proposed overhaul to the U.S. tax code, with Chairman Kevin Brady saying the time is now for lawmakers to pass "transformational" tax reform for the American people. Published November 6, 2017
GOP tax reform plan sees liberals, conservatives buying ads to stake out positions
The ink is barely dry on the House GOP's tax bill, but deep-pocketed outside groups on both sides are already flooding the airwaves in an attempt to define the conversation and shape the public's view as Congress begins to vote. Published November 5, 2017
Chuck Schumer: House GOP tax bill like a ‘dead fish’
Senate Minority Leader Charles E. Schumer on Friday likened the House GOP's newly unveiled tax legislation to a "dead fish" and said it represents a "betrayal" to middle class families throughout the country. Published November 3, 2017
