A new report from the city of Chicago’s outgoing chief financial officer indicates Mayor-elect Lori Lightfoot faces an estimated $740 million budget shortfall as she prepares to take over for Rahm Emanuel.
Included in the Omnibus Transportation Finance Bill (HF1555) approved Monday night by the Minnesota House is more than $1 billion in gas tax increases, sales taxes and licensing fees to pay for infrastructure improvements. The 74-58 in favor was mostly along party lines.
The Louisiana House of Representatives on Monday overwhelmingly approved a bill that would reinstate three sales tax holidays that were suspended to save the state money.
The Democratic nominee in a Pennsylvania special election for a U.S. House seat called for a tax increase on the middle class in a video posted online.
Marc Friedenberg, a college professor who lost the election for Pennsylvania’s 12th Congressional District last November, is now hoping to be elected after Republican Representative Tom Marino resigned in January. Marino beat Friedenberg by 32 points in a district that went heavily for President Trump in 2016.
Sen. Bernie Sanders (I., Vt.) saved roughly $38,000 in taxes thanks to the Tax Cuts and Jobs Act, the Republican-passed tax cut championed by President Donald Trump which the New York Times recently admitted cut most Americans’ taxes.
Sen. Bernie Sanders (I., Vt.) saw his personal income skyrocket during and after his bid for the 2016 Democratic presidential nomination.
When it comes to raising money, former congressman and failed Senate candidate Beto O’Rourke is a force to be reckoned with. However, when it comes to charitable giving, O’Rourke’s personal contributions are far from generous—typically less than 1 percent of his total income.