Weekly Tax Newsletter

Sent out every Monday by 10 a.m., Weekly Tax reviews the most recent developments in tax legislation and political matters related to tax.

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James Comey sparks Republican outrage with Trump social media post

18 hours ago | politico.com | Gregory Svirnovskiy

The former FBI director said the message “8647” wasn’t intended to express violence against the 47th president. James Comey and President Donald Trump have a long history. | Pool photo by Andrew Harrer James Comey posted, and then deleted, a social media message about President Donald Trump that sparked outrage among Republicans and federal scrutiny of the former FBI director.
House GOP China hawks urge Duke to end its relationship with Chinese university

20 hours ago | politico.com | Gregory Svirnovskiy

Reps. John Moolenaar and Tim Walberg cited concerns that shared research could allow China to build out its own defense apparatus. Rep. John Moolenaar (R-Mich) questions witnesses during a hearing on Capitol Hill on Feb. 28, 2023, in Washington. | Alex Brandon/AP Two Republican critics of China are urging Duke University to end its partnership with a Chinese institution with close ties to the country’s government. Rep. John Moolenaar and Rep.
Housing is dividing California Democrats - so Newsom stepped in

1 day ago | politico.com | Jeremy B. White

With that move, Newsom put his imprimatur on a debate over how much to ease housing development — even in cities wary of fast growth. For years, slashing barriers to construction has been the state’s core strategy for bringing down exorbitant rents and home prices that have put home ownership further out of reach for many people and undermined Democrats’ political standing on an issue of paramount importance to cost-strained voters.
E&C Republicans advance health care piece of GOP tax bill after marathon markup - Live Updates - POLITICO

1 day ago | politico.com | Alice Ollstein |Ben Leonard |Hailey Fuchs |Nicholas Wu |Daniel Desrochers |Mia McCarthy | +7 more

Democrats and Republicans clashed throughout the night over the bill's Medicaid provisions.
MTG, Lawler clash over SALT deal

1 day ago | politico.com | Gregory Svirnovskiy
Newsom blames Trump for bad budget (jkjk)

1 day ago | politico.com | Lindsey Holden

Gov. Gavin Newsom presented his revised state budget with a $12 billion spending gap. | Rich Pedroncelli/AP IT’S ITERATIVE, STUPID: Gov. Gavin Newsom says California’s $12 billion spending gap is the product of a “Trump slump” — but that he’s not blaming the president for the state’s budget woes.
Dems maintain they’re 'looking forward' as questions about Biden loom

1 day ago | politico.com | Nicholas Wu |Lisa Kashinsky |Brakkton Booker

The fresh questions about the former president come just as the party seems to be coalescing on a message around the GOP’s megabill. Former President Joe Biden speaks at the Advocates, Counselors, and Representatives for the Disabled conference in Chicago, Tuesday, April 15, 2025. | Nam Y. Huh/AP Democrats thought they were done with Joe Biden.
Democrats raise alarms as National Weather Service races to fill jobs ahead of hurricane season

1 day ago | politico.com | Zack Colman

Internal documents reviewed by POLITICO revealed a range of open positions, from a lead meteorologist role in Fairbanks, Alaska, to meteorologist-in-charge at the NWS office in Lake Charles, Louisiana. Democrats warned that staffing shortages at the National Weather Service would leave the U.S. ill prepared for disasters and storms.
Newsom faults 'Trump slump' for $12 billion budget hole

2 days ago | politico.com | Jeremy B. White

The governor will scale back a key program as he faults tariffs for sapping tax revenue. Gov. Gavin Newsom will need to reach a deal with lawmakers by June | AP SACRAMENTO, California — Gov. Gavin Newsom is proposing to close a projected $12 billion state budget deficit by curbing a signature health care program for undocumented immigrants as President Donald Trump’s tariffs and rising health care costs batter California’s finances.
Democrats confront RFK Jr. on budget cuts, but will need Republican help to stop them

2 days ago | politico.com | Sophie Gardner |Carmen Paun