
Tobias Burns
Staff Writer at The Hill
Staff writer for @thehill covering tax and the economy. Previously at the UN for @nhk and in Doha for @ajenglish. @[email protected]
Articles
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1 week ago |
thehill.com | Tobias Burns
Retail sales slid in May amid an ongoing reset in U.S. trade policy that has both consumers and businesses watching what they spend. U.S. retail and food services were $715.4 billion in May, down 0.9 percent from April, the Commerce Department reported Tuesday. The drop was more than the 0.6-percent decrease that economists were expecting. It’s the second month in a row of declines and the sharpest monthly contraction since March 2023. Sales were up from the previous year by 3.3 percent.
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1 week ago |
thehill.com | Tobias Burns |Rachel Frazin |Nathaniel Weixel
The Senate Finance Committee on Monday unveiled its portion of President Trump’s “big, beautiful bill,” containing provisions on Medicaid, taxes and green energy tax credits. The committee’s text is the final piece of the upper chamber’s version of the bill to be released, and was the most highly anticipated. It contains some of the thorniest provisions that Senate GOP holdouts have expressed concerns about, and the issues that could set the upper chamber on a collision course with the House.
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1 week ago |
thehill.com | Tobias Burns
Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance Committee unveiled its version of the central piece of President Trump’s “big, beautiful bill” on Monday. The Senate bill locks in existing federal tax brackets, boosts the standard deduction and maintains the termination of personal exemptions — all without sunsets.
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1 week ago |
qcnews.com | Tobias Burns
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4 weeks ago |
thehill.com | Tobias Burns
Congress’s tax-and-spending cut bill will receive an advertising campaign from a major business lobby as it faces widespread criticism for redistributing wealth and resources toward the upper strata of American society. The U.S. Chamber of Commerce, one of the nation’s largest business lobbies, will run the six-figure campaign across various media in targeted states and Congressional districts, though the group didn’t specify in a Friday release where exactly those would be.
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RT @RachelFrazin: Today is publication day for the book that @SharonUdasin and I wrote about toxic forever chemicals! Here are some of th…

RT @iswanTheHill: Great piece from @tobyburns1 on the reasons behind a possible Teamsters strike at UPS: https://t.co/PPeOGD282U

‘the truth about the world is that anything is possible …’

BREAKING NEWS: Cormac McCarthy, a preeminent voice in American literature over the better part of the past half-century, died today at his home in Santa Fe, N.M., his publisher, Knopf, confirmed. He was 89. Full obit to follow.