Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Sen. Marco Rubio made headlines yesterday when it was reported that he would refuse to support the Republican tax bill unless the child tax credit was expanded. Now, it looks like Rubio's gambit has paid off - at least partially - as the latest version of the bill is said to contain an increased child tax credit.
That's a significant tax break for the very wealthy, The new tax break for millionaires goes beyond what was in the original House and Senate bills. a Starting on Jan. 1, 2018, big businesses would see their tax rate fall from 35 percent to 21 percent, the largest one-time rate cut in U.S. history for America's largest companies.
After weeks of quarrels, qualms and then eleventh-hour horse-trading, Republicans revealed their huge national tax rewrite late Friday - along with announcements of support that all but guarantee approval next week in time to give President Donald Trump the Christmas legislative triumph he's been aching for. The legislation would slash tax rates for big business and lower levies on the richest Americans in a massive $1.5 trillion bill that the GOP plans to muscle through Congress before its year-end break.
U.S. stocks moved broadly higher in afternoon trading Friday, erasing modest losses from the day before and placing the major indexes on course for new highs.
U.S. stocks are indicated to open higher on Friday, rebounding from losses in the previous session that were brought on by doubts expressed by some GOP lawmakers over the tax bill in Congress. 1 . -- U.S. stocks were indicated to open higher on Friday, Dec. 15, rebounding from losses in the previous session that were brought on by doubts expressed by some GOP lawmakers over the tax bill in Congress.
Democrats want to know why Justice Department released FBI texts - Democrats pressed the Justice Department on Thursday to explain why it released salacious, anti-Donald Trump text messages exchanged between two FBI employees who are still under investigation for their work on the Russia special counsel investigation. Poll: 54 percent say Mueller has conflict of interest - A majority of polled voters say special counsel Robert Mueller has a conflict of interest because of his past ties to former FBI Director James Comey, according to the latest Harvard CAPS-Harris survey.
This Nov. 14, 2016 file photo Rep.-elect Ruben Kihuen, D-Nev.,right, speaks with reporters as Sen. Harry Reid, D-Nev., left, listens on Capitol Hill in Washington. The chairman of the House Democrats' campaign committee called on Kihuen to step down after a report Friday, Dec. 1, 2017, that he allegedly sexually harassed his campaign's finance director.
Senator Al Franken confessed to sexual misconduct, apologized, and was drummed out of the Senate. It seems that President Trump and Judge Roy Moore have a smarter strategy.
Alabama's election of a Democrat to the U.S. Senate for the first time in a quarter-century qualifies as historic but it does not indicate a sudden massive swing in voter allegiance in that state or nationwide.
The White House is embarking on a major campaign to turn the public against the nation's largely family-based immigration system ahead of an all-out push to move toward a more merit-based structure. Man accused of ramming car into crowd protesting against a white nationalist rally in Virginia, killing one and injuring dozens in August, faces court hearing.
For a Republican to lose the Senate seat vacated by Jeff Sessions one year after Donald Trump beat Hillary Clinton in Alabama by 28 points, everything had to break just right for the Democrat. And it did.
And President Donald Trump's scorching tweet on Tuesday aimed at Senator Kirsten Gillibrand is being viewed in Washington as a sign Gillibrand is a top contender for President in 2020. President Trump called Gillibrand a "lightweight" and "flunky" who would 'come to my office "begging" for campaign contributions not so long ago ."
Asian and European share benchmarks were mostly lower Friday as investors shrugged off upbeat data from Japan and waited to see if U.S. politicians could pass tax reform legislation before Christmas. KEEPING SCORE: European shares opened lower.
The chief executive of New Hampshire Motor Speedway says he's confident that a country music festival scheduled for the venue this summer will go on as planned, despite a lawsuit by... Minnesota Lieutenant Governor Tina Smith shares a laugh at a reporter's question after Minnesota Governor Mark Dayton announced Smith to replace U.S. Senator Al ... (more)
AP Reporter Stephen Ohlemacher looks at the details of the tax legislation that's being pushed by President Donald Trump and considered by a conference of House and Senate lawmakers on Capitol Hill.
Activist Zephyr Teachout, who ran for governor in 2014 and Congress in 2016; she lost both times, is troubled by Sen. Al Franken's resignation. Mind you, the Minnesota Democrat has not packed up his bags and left.
Sen. John Neely Kennedy asked President Trump's U.S. District nominee Matthew S. Petersen law questions during a hearing on Dec. 13. Peterson struggled to answer the standard questions. As of this writing, a video of one of President Trump's judicial nominees failing to answer basic legal questions from a Republican senator is viral.
The tax bill compromise reached by House and Senate negotiators now won't be unveiled until Monday. And at least one new Republican defector may make it difficult for Congressional Republicans to get the measure to President Donald Trump 's desk before his Christmas deadline.