President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?
Trump said his new "external revenue service" will go into effect on January 20 to help the US collect more revenue from foreign countries.
President-elect Donald Trump has announced his plan to create a federal body charged with taxing and collecting taxes from U.S. trade partners.
Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.'
IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
With Donald Trump stepping back into office, advocates are warning that access to important environmental and public health datasets could be at risk. Information about climate change vanished from federal websites under Donald Trump,
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and that annual deficits over the next decade will total $21.1 trillion. That will be piled on to a national debt that currently exceeds $36 trillion.
The recent termination of workers in New York and Boston highlights the vulnerability of restaurant employees without legal status.
The president-elect's picks to lead EPA, State and other agencies struck a different tone toward civil servants than some former Trump officials, suggesting the administration would lean on their expertise.
U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut. And in turn, Bessent defended of President-elect Donald Trump's economic policies and proposals.