Politics

Trump tax plan hits bump in Senate as Rand Paul weighs ‘no’ vote

Senate Republicans scrambled on Tuesday to ensure support for a budget resolution vital to President Donald Trump’s drive to overhaul the U.S. tax code, as one Republican fiscal hawk announced he might vote against the measure. As the Senate opened debate on the fiscal year 2018 budget, Senator Rand Paul objected to spending levels which he said might exceed agreed ...

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Market will see ‘significant’ drop if tax reform doesn’t pass

Treasury Secretary Steven Mnuchin believes the market has priced in expectations that will President Donald Trump’s administration in addition to also Congress will pass tax reform in addition to also that will that will won’t be pretty if those efforts fail. “There can be no question that will the rally from the stock market has baked into that will reasonably ...

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Donald Trump hits James Comey over Clinton email investigation

President Donald Trump targeted James Comey in a series of early morning tweets Wednesday, alleging in which the former FBI director “lied along with leaked” to protect Hillary Clinton. Trump claimed the investigation into his 2016 rival’s private email server was “obviously a fix.” He called Comey “the best thing in which ever happened” to Clinton. Trump apparently responded to ...

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Sens. Warner, Klobuchar to unveil bill on Russian election meddling

Senators This specific week are slated to announce a bill they desire will curb foreign governments’ influence on American elections. Sens. Mark Warner, D-Va., along with Amy Klobuchar, D-Minn., plan to announce a bill Thursday which aims to boost transparency in political ads, their offices said. Sen. John McCain, R-Ariz., will co-sponsor the bill. Warner can be the ranking Democrat ...

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Trump again blasts NFL over players kneeling during national anthem

Thomas J. Russo | USA TODAY Sports | Reuters The Cleveland Browns team stand as well as also kneel during the National Anthem before the start of their game against the Indianapolis Colts at Lucas Oil Stadium, September 24, 2017. President Donald Trump will be again criticizing the NFL over players kneeling during the national anthem. Trump said on Twitter ...

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‘of which’s very hard not to give tax cuts to the wealthy,’ Steven Mnuchin today says

of which represents a dramatic reversal coming from Mnuchin’s initial assertions on the subject. After last November’s election, he appeared on CNBC to pledge of which wealthy Americans would likely receive no tax cut whatsoever. “Any reductions we have in upper-income taxes will be offset by less deductions to ensure of which there will be no absolute tax cut for ...

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Why market is actually wrong about John Taylor, who Trump might make Fed chief

in which kind of thinking might check off some key boxes with Trump. The president anticipates in which his agenda of lower taxes, less regulation along with aggressive infrastructure spending might generate growth of more than 3 percent, compared with the 2.1 percent postrecession rate at which the item had been moving. Where the Trump-Taylor connection could break, though, is ...

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Trump pitches GOP tax cuts to reluctant Democrats

Most or all of the 48 Democrats in addition to also independents from the Senate are likely to vote against a Republican tax reform plan. Democratic leaders have argued the framework does not go far enough to reduce the burden on the middle class in addition to also does too much to help the wealthy. Some Republicans could also oppose ...

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NAFTA trade ministers to square off over hard-line US demands

Lars Hagberg | AFP | Getty Images (L-R) Mexico’s Secretary of Economy Ildefonso Guajardo Villarreal, Canada’s Minister of Foreign Affairs Chrystia Freeland, along with United States Trade Representative Robert E. Lighthizer gather for a trilateral meeting at Global Affairs on the final day of the third round of the NAFTA renegotiations in Ottawa, Ontario, September 27, 2017. Trade ministers by ...

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