Alicia Parlapiano

2 weeks ago | news.nestia.com | Emily Badger |Alicia Parlapiano |Margot Sanger-Katz

Trump’s Big Bill Would Be More Regressive Than Any Major Law in Decades Share full article By Emily Badger ,  Alicia Parlapiano and Margot Sanger-Katz The authors reviewed distributional analyses from bills over the last 35 years. June 12, 2025 Share full article The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, that combination would make it more regressive than any major tax or entitlement law in decades.

3 weeks ago | nytimes.com | Andrew Duehren |Alicia Parlapiano

There's no question that President Trump's proposal to stop taxing tips has broad appeal. It's popular in polling, lawmakers in both parties support it, and now a version of the idea is on its way to becoming law. But the effect of the policy would actually be quite narrow. About 3 percent of American workers receive tips, but about a third of those employees would not see a gain from the change.

1 month ago | nytimes.com | Alicia Parlapiano |Josh Katz |Margot Sanger-Katz |Emily Badger

The tax and spending bill passed by House Republicans early Thursday includes hundreds of provisions and would add an estimated $3.3 trillion to the national debt as written. Below is a table that lists the 10-year cost or savings for nearly every provision, as estimated by the Congressional Budget Office. The C.B.O. evaluation does not include several last-minute changes to the bill made by House Republicans to secure the support of some holdout members. We've highlighted the substantive changes.

1 month ago | seattletimes.com | Margot Sanger-Katz |Alicia Parlapiano

The United States hit its record debt level at the end of 1945, after a world war and the Great Depression. That record, in which the debt was briefly larger than the size of the entire economy, is almost certain to be broken in the next several years. Estimates from the Congressional Budget Office published in January showed that the country was on track to overtake it in 2032 — and that was before the Republicans’ large tax and spending bill was taken into account.

1 month ago | nytimes.com | Sarah Kliff |Margot Sanger-Katz |Alicia Parlapiano

Now, Trump's big budget bill might require particularly painful cuts in the South. For months, Republicans have been trying to figure out how to reduce Medicaid spending to help enact President Trump's domestic agenda. But their list of possible cuts is shrinking. House Speaker Mike Johnson said Tuesday that major cuts to the Affordable Care Act's Medicaid expansion were off the table.