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Why Biden wont be able to totally undo Trumps tax cuts – CNN

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https://www.cnn.com/2021/03/22/economy/tax-hikes-biden-goldman-sachs/index.html

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CNN’s Christine Romans reports. “,”descriptionText”:”Another 777,000 Americans filed for first-time unemployment benefits on a seasonally adjusted basis last week. CNN’s Christine Romans reports. “},{“title”:”Powell: We want to see ‘substantial progress’ in the labor market”,”duration”:”03:33″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/18/jerome-powell-federal-reserve-inflation-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/03/18/jerome-powell-federal-reserve-inflation-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210317172055-02-jerome-powell-federal-reserve-livestream-0317-screengrab-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/18/jerome-powell-federal-reserve-inflation-qmb.cnnbusiness/video/playlists/business-economy/”,”description”:”The Federal Reserve left interest rates unchanged and said it doesn’t expect to raise interest rates this year. Fed Chairman Jerome Powell said the central bank expects any increases in inflation over the summer months to be temporary — and not concerning for its monetary policy at the moment. CNN’s Matt Egan reports. “,”descriptionText”:”The Federal Reserve left interest rates unchanged and said it doesn’t expect to raise interest rates this year. Fed Chairman Jerome Powell said the central bank expects any increases in inflation over the summer months to be temporary — and not concerning for its monetary policy at the moment. CNN’s Matt Egan reports. “},{“title”:”Expedia prepares for post-pandemic travel surge”,”duration”:”02:48″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/17/expedia-ceo-peter-kern-travel-pandemic.cnnbusiness/index.xml”,”videoId”:”business/2021/03/17/expedia-ceo-peter-kern-travel-pandemic.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201013161832-euro-travel-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/17/expedia-ceo-peter-kern-travel-pandemic.cnnbusiness/video/playlists/business-economy/”,”description”:”Expedia is planning for a boom in travel as more people get vaccinated. The company’s CEO Peter Kern explains.”,”descriptionText”:”Expedia is planning for a boom in travel as more people get vaccinated. The company’s CEO Peter Kern explains.”},{“title”:”eBay CEO: Pandemic brought huge momentum for the site”,”duration”:”03:20″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/16/ebay-sales-ceo-jamie-iannone-pandemic.cnnbusiness/index.xml”,”videoId”:”business/2021/03/16/ebay-sales-ceo-jamie-iannone-pandemic.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190715144714-ebay-shipping-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/16/ebay-sales-ceo-jamie-iannone-pandemic.cnnbusiness/video/playlists/business-economy/”,”description”:”eBay says 72% of its consumer-to-consumer sellers turned to the marketplace as an extra income stream. CEO Jamie Iannone explains the influx of users selling unwanted items during the pandemic.”,”descriptionText”:”eBay says 72% of its consumer-to-consumer sellers turned to the marketplace as an extra income stream. CEO Jamie Iannone explains the influx of users selling unwanted items during the pandemic.”},{“title”:”Broadway was booming. Then Covid-19 took center stage”,”duration”:”03:35″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/12/coronavirus-broadway-jobs-new-york-city-quest-ron-ldn-vpx.cnn/index.xml”,”videoId”:”business/2021/03/12/coronavirus-broadway-jobs-new-york-city-quest-ron-ldn-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210312130410-coronavirus-broadway-jobs-new-york-city-quest-ron-ldn-vpx-00003112-large-169.png”,”videoUrl”:”/videos/business/2021/03/12/coronavirus-broadway-jobs-new-york-city-quest-ron-ldn-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Richard Quest reports on how New York City’s Broadway is faring over a year into the coronavirus pandemic.”,”descriptionText”:”CNN’s Richard Quest reports on how New York City’s Broadway is faring over a year into the coronavirus pandemic.”},{“title”:”European Central Bank to step up bond purchases amid inflation fears”,”duration”:”03:13″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/11/ecb-stimulus-bonds-inflation-qmb.cnnbusiness/index.xml”,”videoId”:”business/2021/03/11/ecb-stimulus-bonds-inflation-qmb.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190912110342-01-european-central-bank-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/11/ecb-stimulus-bonds-inflation-qmb.cnnbusiness/video/playlists/business-economy/”,”description”:”Big banks including the European Central Bank want to step up bond-buying to speed up economic recovery. CNN’s Paul R. La Monica reports.”,”descriptionText”:”Big banks including the European Central Bank want to step up bond-buying to speed up economic recovery. CNN’s Paul R. La Monica reports.”},{“title”:”Pain in the US job market: Another 730,000 filed first-time claims”,”duration”:”02:19″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/02/25/jobless-claims-unemployment-insurance-covid-feb-25.cnnbusiness/index.xml”,”videoId”:”business/2021/02/25/jobless-claims-unemployment-insurance-covid-feb-25.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210205121107-us-jobs-economy-crisis-large-169.jpg”,”videoUrl”:”/videos/business/2021/02/25/jobless-claims-unemployment-insurance-covid-feb-25.cnnbusiness/video/playlists/business-economy/”,”description”:”Another 730,000 American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis. CNN’s Christine Romans reports.”,”descriptionText”:”Another 730,000 American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis. CNN’s Christine Romans reports.”},{“title”:”Why these lifelong Republicans support Biden’s relief bill”,”duration”:”02:59″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/economy/2021/03/11/trump-supporters-biden-coronavirus-relief-bill-yurkevich-dnt-ebof-vpx.cnn/index.xml”,”videoId”:”economy/2021/03/11/trump-supporters-biden-coronavirus-relief-bill-yurkevich-dnt-ebof-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/201222195207-capitol-file-large-169.jpg”,”videoUrl”:”/videos/economy/2021/03/11/trump-supporters-biden-coronavirus-relief-bill-yurkevich-dnt-ebof-vpx.cnn/video/playlists/business-economy/”,”description”:”A lifelong Republican who switched parties says shame on the GOP for not supporting u003ca href=”http://www.cnn.com/2021/03/10/politics/covid-relief-bill-house-vote/index.html” target=”_blank”>President Joe Biden’s $1.9 trillion Covid-19 relief planu003c/a>. CNN’s u003ca href=”http://www.cnn.com/profiles/vanessa-yurkevich” target=”_blank”>Vanessa Yurkevichu003c/a> reports the Republican-turned-Democrat isn’t alone.”,”descriptionText”:”A lifelong Republican who switched parties says shame on the GOP for not supporting u003ca href=”http://www.cnn.com/2021/03/10/politics/covid-relief-bill-house-vote/index.html” target=”_blank”>President Joe Biden’s $1.9 trillion Covid-19 relief planu003c/a>. CNN’s u003ca href=”http://www.cnn.com/profiles/vanessa-yurkevich” target=”_blank”>Vanessa Yurkevichu003c/a> reports the Republican-turned-Democrat isn’t alone.”},{“title”:”‘I walked more than two hours:’ After seeking asylum, she’s feeding hundreds”,”duration”:”03:33″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/10/la-bodeguita-food-pantry-undocumented-immigrants-mc-orig.cnn-business/index.xml”,”videoId”:”business/2021/03/10/la-bodeguita-food-pantry-undocumented-immigrants-mc-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210310091353-xiomy-de-la-cruz-and-daughter-maia-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/10/la-bodeguita-food-pantry-undocumented-immigrants-mc-orig.cnn-business/video/playlists/business-economy/”,”description”:”The pandemic’s economic fallout has disproportionately affected undocumented immigrants in the US and meant many have gone hungry. Xiomy de la Cruz and Ingmar Riveros – immigrants themselves – tell CNN’s Poppy Harlow how they’ve been able to help feed many struggling to get by.”,”descriptionText”:”The pandemic’s economic fallout has disproportionately affected undocumented immigrants in the US and meant many have gone hungry. Xiomy de la Cruz and Ingmar Riveros – immigrants themselves – tell CNN’s Poppy Harlow how they’ve been able to help feed many struggling to get by.”},{“title”:”Scaramucci blasts Republicans for not supporting Biden’s rescue plan”,”duration”:”03:07″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/08/scaramucci-biden-stimulus-republicans-matt-egan-zw-orig.cnn-business/index.xml”,”videoId”:”business/2021/03/08/scaramucci-biden-stimulus-republicans-matt-egan-zw-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210114205836-anthony-scaramucci-ac360-011421-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/08/scaramucci-biden-stimulus-republicans-matt-egan-zw-orig.cnn-business/video/playlists/business-economy/”,”description”:”Anthony Scaramucci sat down with CNN Business’ Matt Egan to discuss President Biden’s $1.9 trillion rescue plan and offer his advice on how to invest in Bitcoin.”,”descriptionText”:”Anthony Scaramucci sat down with CNN Business’ Matt Egan to discuss President Biden’s $1.9 trillion rescue plan and offer his advice on how to invest in Bitcoin.”},{“title”:”Melinda Gates: Women are leaving workforce in huge numbers”,”duration”:”04:36″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/08/coronavirus-international-womens-day-iwd-melinda-gates-anderson-ctw-intl-ldn-vpx.cnn/index.xml”,”videoId”:”business/2021/03/08/coronavirus-international-womens-day-iwd-melinda-gates-anderson-ctw-intl-ldn-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210308170325-melinda-gates-iwd-coronavirus-ctw-interview-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/08/coronavirus-international-womens-day-iwd-melinda-gates-anderson-ctw-intl-ldn-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Becky Anderson speaks with Melinda Gates on International Women’s Day about what governments can do to support women after the United Nations said the coronavirus pandemic has driven 47 million women out of the workforce.”,”descriptionText”:”CNN’s Becky Anderson speaks with Melinda Gates on International Women’s Day about what governments can do to support women after the United Nations said the coronavirus pandemic has driven 47 million women out of the workforce.”},{“title”:”US economy added 379,000 jobs in February”,”duration”:”03:07″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/2021/03/05/economy/february-2021-jobs-report/index.html”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/05/february-jobs-report.cnnbusiness/index.xml”,”videoId”:”business/2021/03/05/february-jobs-report.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210302154427-us-restaurant-0214-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/05/february-jobs-report.cnnbusiness/video/playlists/business-economy/”,”description”:”The leisure and hospitality industry added the most jobs in February with 355,000 new positions as some restrictions to stop the spread of Covid-19 were rolled back. CNN’s Christine Romans reports.”,”descriptionText”:”The leisure and hospitality industry added the most jobs in February with 355,000 new positions as some restrictions to stop the spread of Covid-19 were rolled back. CNN’s Christine Romans reports.”}],’js-video_headline-featured-183sbec’,”,”js-video_source-featured-183sbec”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length

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