David Sherfinski
Articles by David Sherfinski
Marco Rubio, other conservatives push for expansion of child tax credit
As Republicans close in on finishing up the budget process, they will soon have to confront a number of under-the-radar tax issues that could well inflate the price tag of their overhaul even more, such as how much to expand the child tax credit and how much interest on debt they'll let businesses deduct. Published October 22, 2017
Senate passes $4 trillion budget blueprint in crucial step for Trump’s tax overhaul
Senate Republicans powered their budget through Thursday night, adopting a fiscal year 2018 plan that would clear the path to get a massive tax deal done relying only on GOP votes, setting the stage for Republicans next big-ticket agenda item. Published October 19, 2017
Rand Paul’s attempt to cut defense spending defeated
The Senate on Thursday soundly rejected Sen. Rand Paul's attempt to cut $43 billion in defense spending out of the 2018 budget plan, after he had pitched it as a way to try to rein in government spending even further. Published October 19, 2017
Senators move closer to final passage of 2018 budget
The Senate on Thursday was moving toward the final passage of a federal budget for fiscal year 2018, as Republicans look to unlock the process for getting a massive tax deal done without having to bother working with Democrats. Published October 19, 2017
Pat Tiberi announces plans to resign from Congress
Rep. Pat Tiberi, a member of the tax-writing House Ways and Means Committee, announced Thursday he is not seeking re-election in 2018 and will leave Congress by the end of January. Published October 19, 2017
Senate rejects Democratic budget amendments to hike taxes, boost entitlement spending
The Senate on Wednesday turned aside several Democratic budget amendments that sought to offset a boost in entitlement spending with higher taxes, as Republicans speed toward passage of their budget plan to clear the way for their long-sought tax overhaul. Published October 18, 2017
Steven Mnuchin: No ‘artificial deadline’ for tax reform
As the Senate prepares to pass its budget outline this week, Republicans are grappling with expectations on the time frame for getting tax reform done, with administration officials acknowledging the exercise could ultimately slip into next year at this point. Published October 18, 2017
Senate budget, key to tax reform, passes initial test vote
Senate Republicans' 2018 budget plan survived an initial test vote Tuesday, but sniping between deficit and defense hawks leaves GOP leaders with a narrow margin for error as they look for final passage later this week, hoping to clear a path for their tax overhaul plans. Published October 17, 2017
Donald Trump pushes for end-of-year deadline for tax reform
President Trump on Monday seemed to be pushing back a year-end deadline for the GOP to get tax reform done, saying there's still "a long way to go" and that it took President Ronald Reagan "years" to accomplish his overhaul of the tax code. Published October 16, 2017
Mark Walker introduces charity tax deduction bill
Republicans are looking for ways to prop up donations amid complaints from charities that the GOP's tax reform could hurt their bottom lines. Published October 15, 2017
GOP, housing industry battle over proposed tax reform plan
The special interest onslaught against the GOP's tax plan has begun, with the nation's housing industry lobbying feverishly for Republicans to scrap their plans to expand the standard deduction or at least to soften the potential blow they say is on the horizon for homeowners. Published October 12, 2017
Paul Ryan: I ‘can’t imagine’ we won’t get Democratic votes for tax reform
House Speaker Paul D. Ryan on Thursday expressed confidence that there will be bipartisan support for the GOP's planned tax overhaul, saying it's hard to imagine that Democrats from states like Indiana and North Dakota would ultimately vote against their constituents. Published October 12, 2017
Pentagon budget divides Republican defense, deficit hawks
With the House and Senate on track to finalize a budget later this month, Republicans are facing another round in the long-running fight between defense hawks, who say the Pentagon needs more funding no matter the cost, and fiscal hawks, who say deficits must be constrained. Published October 9, 2017
House passes 2018 budget; Senate committee clears different plan
Republicans powered their 2018 budget through the House on Thursday, overcoming months of disagreements and taking the first concrete step in their quest to pass a massive tax reform by year's end. Published October 5, 2017
Senate Budget Committee advances 2018 budget plan
The Senate Budget Committee advanced its 2018 fiscal blueprint on Thursday, moving forward on Republican plans to fast-track a tax reform package hours after the full House passed its own 2018 spending outline. Published October 5, 2017
House passes 2018 budget plan, setting stage for tax reform
Republicans powered their 2018 budget through the House on Thursday, overcoming months of disagreements and taking the first concrete step in their quest to pass a massive tax reform by year's end. Published October 5, 2017
Congressional Democrats slam Republican budget plan
Congressional Democrats said Wednesday there's no room for compromise on the GOP's current budget framework, saying the 2018 fiscal blueprint appears geared toward rewarding the wealthy while piling up government debt. Published October 4, 2017
Republicans eye state, local tax deduction compromise
Republican leaders are already signaling a compromise on plans to erase a nearly $2 trillion break for state and local taxes, backing down in the face of fierce criticism from Democrats and some blue-state Republicans whose constituents would suffer. Published October 3, 2017
Nancy Pelosi, Gabrielle Giffords pressure Congress to take legislative action on gun violence
Reaching for a political solution after Sunday night's horrific shooting in Las Vegas, congressional Democrats on Monday said lawmakers' words of comfort will ring hollow unless Congress "does something" about gun violence. Published October 2, 2017
Gabrielle Giffords to Congress: ‘The nation’s counting on you’
Former Rep. Gabrielle Giffords on Monday said "the nation's counting on you" in the wake of the Las Vegas shooting Sunday night that left dozens dead and hundreds more wounded. Published October 2, 2017
