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Taxes & Budget

Coverage of the national budget and your taxes.

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President Donald Trump delivers a statement in the Rose Garden of the White House, Wednesday, May 22, 2019, in Washington. (AP Photo/Evan Vucci)

Trump sends Democratic leaders packing after Pelosi's accusation of cover-up

In this Nov. 8, 2016, file photo, Libertarian vice presidential candidate, former Massachusetts Gov. Bill Weld arrives to cast his vote at the John F. Kennedy Elementary School in Canton, Mass. Weld confirmed Tuesday, Feb. 5, 2019, he has changed his party registration from Libertarian back to Republican as he mulls a possible primary challenge against President Donald Trump. (AP Photo/Michael Dwyer, File)

Bill Weld, GOP primary challenger to Trump, wants to disclose presidential tax returns

In this May 22, 2019, photo, farmer Tim Bardole pauses for a photo as he plants a field near Perry, Iowa. Donald Trump won the presidency by winning rural America, in part by pledging to use his business savvy and tough negotiating skills to take on China and put an end to trade practices that have hurt farmers for years. While the prolonged fight has been devastating to an already-struggling agriculture industry, theres little indication Trump is paying a political price. (Zach Boyden-Holmes/The Des Moines Register via AP)

Trump's trade war with China puts farm vote at risk

President Donald Trump gives thumbs up after arriving on Marine One on the South Lawn of the White House, Friday, May 17, 2019, in Washington. Trump is returning from a trip to New York. (AP Photo/Alex Brandon)

Trump to lift steel, aluminum tariffs on Canada and Mexico

In this Monday April 29, 2019 photo, Gov. Gavin Newsom talks to reporters at the Capitol in Sacramento, Calif. Newsom officially abandoned the plan of his predecessor, Gov. Jerry Brown, to build giant 35-mile twin tunnels to ship water through the Sacramento-San Joaquin River Delta to Southern California, Thursday, May 2, 2019. Instead Newsom is opting to build a single tunnel with a different design and a lower price. (AP Photo/Rich Pedroncelli)

Trump administration pulls $1 billion in California high-speed rail money

In this March 6, 2019 file photo, Washington Gov. Jay Inslee listens as he takes part in a nonpartisan panel discussion titled "Foreign Affairs and National Security in the Age of Climate Change" hosted by the University of Washington Jackson School and the American Security Project on the UW campus in Seattle. (AP Photo/Ted S. Warren) ** FILE **

Jay Inslee announces 'Evergreen' economic plan that envisions $3 trillion in federal spending

Treasury Secretary Steve Mnuchin testifies about the budget to a Financial Services and General Government subcommittee, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)

Mnuchin says Congress will have to sue to get Trump taxes

Rep. Bill Pascrell, D-N.J., takes a reporter's question outside the House Ways and Means Committee hearing on taxpayer noncompliance on Capitol Hill in Washington, Thursday, May 9, 2019. (AP Photo/J. Scott Applewhite)

Rep. Bill Pascrell: I'd put Steve Mnuchin 'in jail' if he continues to withhold Trump tax returns

Chinese President Xi Jinping speaks during a commemoration ahead of the 100th anniversary of the May 4 Movement at the Great Hall of the People in Beijing Tuesday, April 30, 2019. (AP Photo/Ng Han Guan) ** FILE **

China hits back in escalating trade war, announces tariffs on $60B of U.S. goods

President Donald Trump speaks in the East Room of the White House in Washington, Friday, May 10, 2019. (AP Photo/Manuel Balce Ceneta)

Trump slams China over trade talks: 'You had a great deal ... & you backed out!'

This March 22, 2013, file photo, shows the exterior of the Internal Revenue Service building in Washington. (AP Photo/Susan Walsh, File) ** FILE **

IRS agent charged with demanding bribe to go easy on audit

President Donald Trump listens during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)

Trump prepared to move ahead with increase in tariffs against China

The U.S. Capitol Building in Washington, Friday, Feb. 22, 2019, is seen in this file photo. (AP Photo/Andrew Harnik) **FILE**

Trump budget lowballs 10-year deficit projection by $2.7 trillion: CBO analysis

In this April 5, 2019, file photo, a U.S. Customs and Border Protection vehicle sits near a section of the U.S. border wall with Mexico in Calexico, Calif. (AP Photo/Jacquelyn Martin) ** FILE **

House panel votes to block military construction money from going toward border wall

China says it will hit back if Trump raises tariffs

President Donald Trump speaks during the presentation of the Commander-in-Chief's Trophy to the U.S. Military Academy at West Point football team in the Rose Garden of the White House, Monday, May 6, 2019, in Washington. (AP Photo/Alex Brandon)

Trump calls New York Times' report on his tax returns 'highly inaccurate Fake News hit job'

In this Jan. 15, 2019, file photo, New York State Sen. Brad Hoylman, addresses members for the Senate at the state Capitol in Albany, N.Y. The Manhattan Democrat is one of the main sponsors of a bill that would allow congressional investigators to get access to President Donald Trump's state tax returns, giving Democrats a potential end-run around the administration's refusal to disclose the president's federal returns. The bill is expected to come up for a vote before the New York Senate on Wednesday, May 8, 2019. (AP Photo/Hans Pennink, File)

New York Senate OKs giving U.S. House Trump state tax return

Democratic presidential candidate Sen. Kamala Harris, D-Calif., speaks during a town hall for the American Federation of Teachers in Detroit, Monday, May 6, 2019. (AP Photo/Paul Sancya) ** FILE **

Sen. Kamala Harris calls for repeal of Trump's tax cuts: 'Get rid of the whole thing'

In this April 9, 2019, file photo, Treasury Secretary Steven Mnuchin testifies before a House Appropriations subcommittee hearing on Capitol Hill in Washington. (AP Photo/Patrick Semansky, File)

Treasury rejects Democrats' demand for Trump's tax returns

Surprise threat from Trump to raise tariffs sinks stocks

This April 9, 2019, file photo shows Treasury Secretary Steven Mnuchin testifying before a House Appropriations subcommittee during a hearing on President Trump's budget request for Fiscal Year 2020, in Washington. (AP Photo/Patrick Semansky, File)

Trump's tax returns deadline looms; Treasury Department to determine whether request is legal

People walk past a bank's electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, May 6, 2019. Shares tumbled in Asia early Monday after President Donald Trump threatened in a tweet to impose more tariffs on China, spooking investors who had been expecting good news on trade.(AP Photo/Vincent Yu)

Markets swoon after Trump threatens to hike China tariffs

Jobs are opening up to Americans at a high rate in the Trump economy, but many black and Hispanic workers either credit Obama policies or say the gains aren't enough. (Associated Press/File)

Blacks, Hispanics give little credit to Trump for record-low unemployment, higher wages

In this Nov. 9, 2017, file photo, U.S. President Donald Trump and Chinese President Xi Jinping participate in a welcome ceremony at the Great Hall of the People in Beijing, China. (AP Photo/Andrew Harnik, File)

Trump raises China tariffs to 25% as talks move 'too slowly'

Gallup reports that American optimism about personal finances is at a 16-year high. (AP Photo)

Boom: American optimism about personal finances reaches 16-year high, Gallup poll says

In this March 7, 2019, file photo, visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. (AP Photo/Keith Srakocic, File)

U.S. adds robust 263K jobs; unemployment at 49-year low: 3.6%

Treasury Secretary Steve Mnuchin, left, listens as President Donald Trump speaks during an expanded bilateral meeting with the Emir of Kuwait Sheikh Sabah Al Ahmad Al Sabah in the Cabinet Room of the White House, Wednesday, Sept. 5, 2018, in Washington. (AP Photo/Evan Vucci) **FILE**

Federal deficit nears $1 trillion -- again

Teachers and their supporters marched on the state capitol in Raleigh, N.C., on Wednesday, May 1, 2019, to demand better funding in schools, increased salaries, the expansion of Medicaid, and better mental health services in schools, among other things. (AP Photo/Amanda Morris)

Red4Ed movement seen politicizing North Carolina teachers' wage protests

President Donald Trump speaks during a Make America Great Again rally on Saturday, April 27, 2019, in Green Bay, Wis. (William Glasheen/The Post-Crescent via AP)

Blue states move to bump Trump off 2020 ballot over tax returns

Sen. Joni Ernst, R-Iowa, joined from left by Sen. John Barrasso, R-Wyo., Sen. Todd Young, R-Ind., Sen. Roy Blunt, R-Mo., Senate Majority Leader Mitch McConnell, R-Ky., speaks to members of the news media following a Senate policy luncheon, Tuesday, April 30, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky)

Ernst moves to crack down on annual year-end federal spending sprees

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