Zachary Halaschak
Economics and Business Reporter at Washington Examiner
Economics/business reporter @dcexaminer @urichmond alum — DMs always open. Go birds 🦅
Articles
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1 week ago |
denvergazette.com | Zachary Halaschak
The tax plan Senate Republicans released Monday as part of the One Big Beautiful Bill Act differs in several key ways from the House version that advanced last month. The Senate Finance Committee released the much-anticipated text of the tax bill on Monday evening. All of the provisions in the new legislation are up for revision, and there will inevitably be negotiations between the House and the Senate over the text in the coming weeks.
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1 week ago |
denvergazette.com | Zachary Halaschak
Senate Republicans released text Monday for the tax section of the One Big Beautiful Bill Act that includes a smaller boost to the child tax credit than the version of the bill passed by House Republicans. The Senate bill would raise the credit from $2,000 to $2,200 per child. The House version would boost it to $2,500. However, the Senate version would make the increase permanent, whereas it would expire after 2028 in the House bill.
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2 weeks ago |
denvergazette.com | Zachary Halaschak
The major question facing Republicans as the Senate Finance Committee works to release its One Big Beautiful Bill Act tax plan is what will happen with the cap on state and local tax deductions. The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT cap was imposed as part of President Donald Trump’s 2017 tax cuts. Now, Republican House members in high-tax states have enough leverage to raise that threshold.
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2 weeks ago |
gazette.com | Zachary Halaschak
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2 weeks ago |
washingtonexaminer.com | Zachary Halaschak
The Senate confirmed former GOP Rep. Billy Long to lead the IRS, where he would be responsible for implementing the major new tax legislation Republicans are hoping to enact and overseeing cuts to budgets and the workforce initiated by the Department of Government Efficiency. The Senate voted 53-44 on Thursday to confirm Long, President Donald Trump’s pick for IRS commissioner. No Democrats joined Republicans in voting to confirm Long.
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From me + @ramsberry1 Republican congressional offices say Musk’s push to kill the bill has not mobilized grassroots opposition to it, several House and Senate staffers tell us that constituents haven’t been calling into offices for bill to be killed https://t.co/gIubnVjPTX
RT @SarahRittling: I sat down with @zhalaschak at the @dcexaminer to talk about one of my favorite things: the CDCTC - the only tax credit…
Sen. Katie Britt told me this week she is pushing to see a boost to the child and dependent care tax credit (CDCTC) included in reconciliation She sponsored bipartisan legislation on the matter earlier this year https://t.co/orpoLGTMPa