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It was hard to tell that the House of Representatives had just narrowly approved a Senate-passed budget outline for 2018, because most of the talk on and off the House floor on Thursday was about lawmakers moving on to forge a tax reform bill in coming weeks, as GOP leaders predicted that Republicans would unify behind a still-to-be-released plan, and get it done by Christmas. "We're glad it passed," said a smiling Rep. Doug Collins .
With Congress back in session, its GOP leadership and the Trump Administration clearly want to move the focus to tax reform after a tumultuous summer that yielded no action on health care. And, while Congress and the White House mull their strategies on how to cut the corporate and individual rates, Americans must pay attention to how the GOP might proffer to pay for these cuts.
The Bay Area Chamber of Commerce Board of Directors has named a congressional chief of staff as its next chief executive officer. Ryan Tarrant, 39, was selected as the organization's next president and CEO Friday, Aug. 25. He replaces Ryan Carley, who resigned from the position in May after two years on the job.
The last time Republican tax writers unveiled legislation for overhauling the tax code, it elicited this telling response from the Speaker of the House: "Blah, blah, blah, blah." It was February 26, 2014, and the House Ways and Means Committee had just unveiled a tax overhaul discussion draft, with full legislative text and both dynamic and static scores from the Congressional Budget Office.
Republicans in Congress are gearing up to fight for lower tax rates. But how do you pay for those cuts? One possible solution on the table: Taxing you on your retirement savings up front.
President Bill Clinton clinches his fist during an Oct. 27, 1996, speech on welfare reform at Vanderbilt University Medical Center in Nashville During President Bill Clinton's first term in office, much of the United States took for granted that there would be welfare reform of some sort. The question was what it would look like.