President Donald Trump’s directive for governors to buy their own medical supplies to fight the coronavirus has run into a big problem—the federal government. Massachusetts Governor Charlie Baker told Trump during a video conference on Thursday that his state three times lost out to the federal government on purchases of critical supplies, creating an awkward moment during the made-for-TV event at Federal Emergency Management Agency headquarters in Washington.
President Donald Trump complains that large corporations, such as Amazon.com Inc., are shirking their tax responsibilities. Yet for at least a decade, Trump paid none or very little in federal income taxes by exploiting some of the same generous tax breaks that the online retail giant and others have used to reduce IRS bills.
With attention fixed on the Brett Kavanaugh confirmation hearings, the U.S. House of Representatives passed a new $3.1 trillion tax cut on Friday. The vote was 220 to 191, including three Democrats. The down-to-the-wire 2017 tax act passed in late December contained a mix of permanent and temporary changes that had to result in a net increased cost that fell within a structural limit of $1.5 trillion that allowed the Senate to approve the bill with a simple majority.