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The Bureau of Labor Statistics reported an increase in unemployment, up to 4.2%. But it's the revisions from earlier this summer that will make economists particularly nervous.

The U.S. Chamber’s angle on the tax fight

The business world has its eye on the 2025 tax fight and one of its representatives in Washington, the U.S. Chamber of Commerce, has been working lawmakers.

The trade group recently called on the next Congress and administration to preserve the 21% corporate tax rate, extend a 20% deduction for pass-through businesses, revive business tax breaks, including a popular R&D benefit, and maintain “competitiveness” in the international tax system.

We talked with the Chamber’s Neil Bradley about how the group is weighing in on the expiration of the Trump tax cuts next year.

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Punchbowl News Presents

We’re launching a weekly show on YouTube on September 4! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Punchbowl News Presents

We’re launching a weekly show on YouTube on September 4! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.