Nancy Cook

Washington, D.C.

Senior National Political Correspondent at Bloomberg News

Senior national political correspondent for Bloomberg News (@business). Covered Biden + Trump White Houses. ❤️ economic news. Tips to [email protected]

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Articles

Donald Trump’s ‘beautiful tax bill’ not popular with bond market

2 weeks ago | independent.ie | Gregory Korte |Liz McCormick |Nancy Cook

Donald Trump’s ‘beautiful tax bill’ not popular with bond marketUS president Donald Trump. Photo: ReutersGregory Korte, Liz Capo McCormick and Nancy Cook©BloombergToday at 03:30US president Donald Trump cut a deal with blue-state Republicans on taxes and put down an 11th-hour rebellion by conservatives over spending to get his “one big, beautiful bill” passed by the US House of Representatives.
Trump’s Next Hurdle: The Bond Market Hates His ‘Beautiful Bill’

2 weeks ago | news.bloomberglaw.com | Gregory Korte |Liz McCormick |Nancy Cook

President Donald Trump cut a deal with blue-state Republicans on taxes and put down an 11th-hour rebellion by conservatives over spending to get his “one big, beautiful bill” passed by the House. But if he’s going to shepherd the signature legislative package of his second term through the Senate, he may have to reckon with an even more demanding constituency: customers for the ballooning amount of US debt.
Trump’s Next Hurdle: The Bond Market Hates His ‘Beautiful’ Tax Bill

2 weeks ago | thinkadvisor.com | Gregory Korte |Liz McCormick |Nancy Cook

Immediate Answers to Critical Tax Questions At Your Fingertips Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts. Get More Information Recently Added Q&As Recently Updated Q&As What is a high deductible health plan for purposes of an HSA? Get Answer Recently Updated Q&As Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Trump’s Next Hurdle: The Bond Market Hates His ‘Beautiful’ Tax Bill

2 weeks ago | bloomberg.com | Gregory Korte |Liz McCormick |Nancy Cook

(Bloomberg) -- President Donald Trump cut a deal with blue-state Republicans on taxes and put down an 11th-hour rebellion by conservatives over spending to get his “one big, beautiful bill” passed by the House. But if he’s going to shepherd the signature legislative package of his second term through the Senate, he may have to reckon with an even more demanding constituency: customers for the ballooning amount of US debt.
GOP Tax Bill Seen Masking More Than $1 Trillion US Debt Hit

3 weeks ago | bloomberg.com | Enda Curran |Nancy Cook

Mike Johnson is aiming to secure House approval later this month for a bill that makes permanent the lower income-tax rates set in Trump’s 2017 package. (Bloomberg) -- The cost of Republican lawmakers’ draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate, a lowball projection that independent analysts say masks the true fiscal hit. Budget experts typically calculate the cost of legislation, or “score,” over a 10-year period.
GOP tax bill prioritizes Trump campaign vows, increases SALT

3 weeks ago | nationalmortgagenews.com | Erik Wasson |Ari Natter |Nancy Cook

President Donald Trump's campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will serve as Republicans' signature legislative effort. In a draft version of the tax bill released on Monday, House Republicans highlighted the president's populist priorities in a package that would enact those cuts through 2028.
GOP Tax Plan Tilts To Trump Populism But Still Aids The Rich

3 weeks ago | fa-mag.com | Nancy Cook

Republicans injected some populist elements to their latest draft plan for Donald Trump’s tax cuts, while stopping short of embracing a progressive move the president recently endorsed and failing to silence critics that it ultimately puts the rich ahead. The House Ways and Means Committee released its draft measures ahead of a planned debate on the tax-writing panel Tuesday. It does much more than just extend Trump’s 2017 reductions, many of which expire at year-end.
GOP Tax Plan Tilts to Trump Populism But Still Aids the Rich

3 weeks ago | news.bloomberglaw.com | Nancy Cook

Republicans injected some populist elements to their latest draft plan for Donald Trump’s tax cuts, while stopping short of embracing a progressive move the president recently endorsed and failing to silence critics that it ultimately puts the rich ahead. The House Ways and Means Committee released its draft measures ahead of a planned debate on the tax-writing panel Tuesday. It does much more than just extend Trump’s 2017 reductions, many of which expire at year-end.
GOP Tax Plan Tilts to Trump Populism But Still Aids the Rich

3 weeks ago | news.bloombergtax.com | Nancy Cook

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GOP Tax Plan Tilts to Trump Populism But Still Aids the Rich

3 weeks ago | bloomberg.com | Nancy Cook

Donald Trump(Bloomberg) -- Republicans injected some populist elements to their latest draft plan for Donald Trump’s tax cuts, while stopping short of embracing a progressive move the president recently endorsed and failing to silence critics that it ultimately puts the rich ahead. The House Ways and Means Committee released its draft measures ahead of a planned debate on the tax-writing panel Tuesday. It does much more than just extend Trump’s 2017 reductions, many of which expire at year-end.