Politics

Bob Corker explains how he could vote for Senate tax bill

Sen. Bob Corker said Tuesday a “backstop” to curb future budget deficits could help to win his crucial vote for the GOP tax bill. The Tennessee Republican as well as also others are seeking the protection in case the nearly $1.5 trillion in proposed tax cuts do not meet the GOP’s expectations for sparking economic growth. The “trigger” described by ...

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I don’t want ‘to damage the nation’ having a bad tax vote

Republican Sen. Bob Corker told CNBC on Tuesday he’s on the fence about the crucial tax reform vote because he doesn’t want to “damage the nation over the long haul.” During an interview with “Squawk Box,” Corker suggested he could oppose the Republican tax bill in a procedural Senate Budget Committee vote Tuesday. He said a trigger mechanism to curb ...

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‘I don’t see a deal’ to prevent government shutdown

In response to the cancellation, Ryan along with McConnell issued a joint statement accusing the Democratic leaders of “antics” along with finding “fresh excuses not to meet with the administration to discuss these issues.” White House Press Secretary Sarah Huckabee Sanders said the invitation “still stands, along with [Trump] encourages them to put aside their pettiness, stop the political grandstanding, ...

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Fed nominee Powell backs ‘tailoring’ regulations to ease up on little banks

Andrew Harrer | Bloomberg | Getty Images Jerome Powell, chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, waits to begin a Senate Banking Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, Nov. 28, 2017. During his time as a Fed governor, Powell has consistently voted with the majority. The U.S. central bank is actually inside ...

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GOP tax plan threatens big break for stadium bondholders

which’s not just the Raiders spending big on stadiums. MLB team the Texas Rangers can be expecting its $1.1 billion Globe Life Field to open in 2020. The Oakland A’s, inside the city which lost its hometown Raiders to Las Vegas in addition to also the Warriors to San Francisco, has selected a site near Laney College for its stadium, ...

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Senate Budget Committee advances GOP tax bill, moving closer to floor vote

Though the fiscal trigger earned Corker’s support, some other senators quickly criticized the measure. “I am not going to vote to implement automatic tax increases on the American people. If I do which, consider me drunk. I’m not voting for which,” Sen. John Kennedy, R-La., said, according to Bloomberg. Sen. John Thune of South Dakota, the third-ranking Senate Republican, said, ...

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‘We will take care of of which’

President Donald Trump on Tuesday responded to the latest North Korean missile launch, saying, “I will only tell you of which we will take care of of which,” in addition to of which the launch was “a situation of which we will handle.” Trump gave no details on precisely what he meant by of which. Trump spoke via the White ...

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Republicans won’t make themselves look ‘modest’ by sinking tax bill: Norquist

Some Republican senators haven’t yet committed to supporting the GOP tax bill, however anti-tax crusader Grover Norquist said he thinks, inside the end, the party will pass the legislation. Republicans, who hold 52 Senate seats, can only lose two votes in addition to still pass the bill under special budget rules, assuming all Democrats in addition to independents vote against ...

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GOP tax bill remains hazardous for deficit hawks

As they search for ways to join the Republican tax cut push, self-styled “deficit hawk” senators have raised questions that will appear to make no sense. Sen. Bob Corker of Tennessee, for example, vows to oppose any bill that will increases the deficit by even a penny. Yet the budget framework for tax cuts that will he helped design expressly ...

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Trump issues brand new defense of Alabama’s Roy Moore

President Donald Trump can be again coming to the side of GOP Alabama Senate nominee Roy Moore despite calls by some other Republican leaders that will Moore should leave the race over accusations of decades-old sexual assault. In a pair of tweets Sunday morning, Trump said “the last thing we need” in Alabama as well as the Senate can be ...

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