David Sherfinski
Articles by David Sherfinski
Republican reform tax plan would expand amount of Americans who don’t owe income tax
Republicans say their new tax plan would greatly expand the "zero tax" bracket of those who owe no federal income tax — bucking a longtime goal of fiscal conservatives who want to see more Americans with "skin in the game" when it comes to government spending. Published October 1, 2017
GOP tax framework would give outsized benefit to top 1 percent: Report
The Republican tax framework unveiled this week would create an immediate tax cut for all income levels, but the top 1 percent would receive 50 percent of the total tax benefits in 2018 and would stand to gain more over time than everyone else, according to a report released Friday. Published September 29, 2017
Senate Republicans roll out 2018 budget blueprint with language for tax reform
Senate Republicans on Friday unveiled their 2018 budget resolution, setting the stage for a committee mark-up next week and laying the groundwork for Republicans to pass their overhaul to the tax code. Published September 29, 2017
Gary Cohn, White House economic adviser: State and local tax deduction ‘not a red line’
White House National Economic Council Director Gary Cohn on Friday said there could be some flexibility in how lawmakers treat the deduction people can take on state and local taxes paid, amid complaints from some Republicans on Capitol Hill that axing the provision could end up raising taxes on their constituents. Published September 29, 2017
Democrat tax reform supporters revert to partisanship with Republican plan
Promises of bipartisanship evaporated as soon as Republicans rolled out a tax reform framework, as the few Democrats who earlier signaled a willingness to work on the issue joined their party leaders in denouncing the plan as a windfall for the wealthy. Published September 28, 2017
Budget solutions to federal debt clear to analysts, not politicians
The Washington Times spoke with budget analysts across the political spectrum, who say the solutions to soaring debt are fairly clear, even if the political will to follow through on them remains elusive. Published September 28, 2017
Donald Trump promises lower income tax
Republicans outlined a once-in-a-generation tax overhaul Wednesday that would slash rates, boost businesses and double the amount of tax-free income everyone can pocket -- a move that is likely to leave many more Americans owing no income tax at all. Published September 27, 2017
House Freedom Caucus endorses GOP tax framework
The conservative House Freedom Caucus on Wednesday threw its support behind the tax reform framework unveiled by GOP leaders and will also support the House Republican budget plan that aims to fast-track the tax package, clearing a potential roadblock for the party's next big-ticket agenda item. Published September 27, 2017
GOP tax proposal cheered by business groups
Advocacy groups representing large corporations and small businesses alike cheered the tax reform framework released by the White House and congressional Republicans Wednesday, saying it sets the stage for more job creation and a better economy. Published September 27, 2017
Senate GOP shelves Obamacare repeal bill
Senate Republicans said Tuesday they're shelving their 11th-hour push to repeal Obamacare, admitting defeat in the face of three crippling defections from their majority. Published September 26, 2017
Trump prepares for charges that his tax reform plan will explode deficit
President Trump is preparing to beat back charges that his tax reform plan will explode the deficit, White House officials said Monday, as the president and Republican leaders give up their longtime fury over skyrocketing national debt in favor of massive tax cuts. Published September 25, 2017
Rep. Kevin Brady: Tax legislation to come after House, Senate finish work on budget
House Ways and Means Committee Chairman Kevin Brady said Monday that while a general framework for the GOP's tax reform plans is coming this week, his committee won't be filling in the details of the plan until Congress finishes its work on the 2018 budget blueprint. Published September 25, 2017
Graham-Cassidy to get Senate vote despite Republican defections
The White House and Senate Republicans vowed Sunday to press forward with Republicans' latest Obamacare repeal effort with a vote this week, hoping to head off another disastrous floor failure even as opposition mounts. Published September 24, 2017
Donald Trump: Tax plan ready to go, to be unveiled this week
President Trump said Sunday night that his tax-cut plan is completed and will result in "the largest tax cut in the history of our country." Published September 24, 2017
Donald Trump urges NFL boycott over national anthem protest
President Trump on Sunday suggested fans boycott the National Football League until owners punish players who kneel in protest during the pregame national anthem, further fueling a controversy that has raged since last season. Published September 24, 2017
Republican tax reform plan heartens small business owners
Small business owners are increasingly hopeful they won't get left out in the cold in tax reform, and say they feel encouraged by lawmakers' prioritizing relief both for larger corporations and for such smaller companies that are often subjected to even higher tax rates. Published September 24, 2017
Ted Cruz, Texas senator: ‘Right now,’ they don’t have my vote for Obamacare repeal bill
Sen. Ted Cruz said Sunday that Republican leaders can't count on his vote for the GOP's latest Obamacare repeal effort, as it currently stands. Published September 24, 2017
Rand Paul, Kentucky senator: I’m not for block-granting Obamacare Medicaid money to states
Sen. Rand Paul said he would support a health care bill that slows spending growth and gives more flexibility to states, but he cannot support block-granting Medicaid expansion funds to the states Published September 24, 2017
White House Capitol Hill liaison: Donald Trump is with majority of Americans on anthem protests
The White House's chief liaison to Capitol Hill on Sunday said President Trump is siding with most Americans in criticizing National Football League players who kneel during the national anthem as a form of protest. Published September 24, 2017
Lindsey Graham, South Carolina senator: We’ll get the votes for Obamacare repeal bill
Sen. Lindsey Graham says he thinks the votes will be there in the Senate to pass Obamacare repeal legislation. Published September 24, 2017
