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President Donald Trump and congressional Republicans are considering an income tax surcharge on the wealthy and doubling the standard deduction given to most Americans, with the GOP under pressure to overhaul the tax code after the collapse of the health care repeal.
Senate Republicans, short of votes, abandoned their latest and possibly final attempt to kill the health care law Tuesday, just ahead of a critical end-of-the-week deadline.
Martha MacCallum ended her interview with Kellyanne Conway today by bringing up the news of Jared Kushner and others in the White House using private email accounts. The New York Times reported that "at least six of President Trump's closest advisers occasionally used private email addresses to discuss White House matters."
WITH ONE more repeal-and-replace effort in flames, Republicans face a choice. They can continue to live in a fantasy world in which it is possible simultaneously to uproot Obamacare, slash federal spending on health care and widen health-care coverage.
House Speaker Paul Ryan, joined by Majority Leader Kevin McCarthy, speaks following a closed-door Republican strategy session at Republican National Committee headquarters on Capitol Hill on Tuesday. Having spent years setting the stage for an ambitious bill, Republican tax writers are finally ready to go public with a plan-even as they face a minefield of competing interest groups and unresolved differences within their own party.
GOP leaders could revive repeal legislation again-but potentially imperil tax reform-or move toward bipartisan talks to stabilize Obamacare. Sen. Lindsey Graham , joined by Sens. John Barrasso and Bill Cassidy, and Senate Majority Leader Mitch McConnell, talked to reporters Tuesday as they faced assured defeat on the Graham-Cassidy bill, the GOP's latest attempt to repeal the Obama health care law.
Sen. Lindsey Graham, R-S.C., flanked by Sen. Bill Cassidy, R-La., left, and Senate Majority Leader Mitch McConnell, R-Ky., right, speaks to reporters as they faced assured defeat on the Graham-Cassidy bill, the GOP's latest attempt to repeal the Obama health care law, at the Capitol in Washington, Tuesday, Sept. 26, 2017.
Images released by the North Korean regime early this month show new postage stamps issued to celebrate its intercontinental ballistic missile tests in July. Whether it's three, six or eighteen months, North Korea's capability to reach the United States with a nuclear-tipped ballistic missile is only "a matter of a very short time" away, chairman of the Joint Chiefs of Staff, Marine Gen.
It was never exactly a shock that George Clooney - a lifelong Democrat, and about as Hollywood as they come - would endorse Hillary Clinton for president. But it wasn't a given, either.
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The Dow Jones Industrial Average is looking to break a three-session losing streak Tuesday, rising 0.15% in the minutes following the opening bell. The S&P 500 was also looking to rebound from a down day of trading, rising 0.16%.
Facing assured defeat, Republican leaders decided Tuesday not to even hold a vote on the GOP's latest attempt to repeal the Obama health care law, surrendering on their last-gasp effort to deliver on the party's banner campaign promise. Leaving a lunch of Republican senators who'd gathered to discuss their next steps on the issue, Sen. Pat Roberts, R-Kan., said Senate Majority Leader Mitch McConnell, R-Ky., and other leaders decided that "the votes are not there, not to have the vote."
Sen. John McCain, R-Ariz., arrives at the Capitol for a weekly Republican policy meeting, in Washington, Tuesday, Sept. 26, 2017, amid the diminishing, last-ditch GOP push to overhaul the nation's health care system.
In this Sept. 22, 2017 file photo Assemblyman Travis Allen, R-Huntington Beach, discusses a judge's ruling about the official ballot description for an initiative that would repeal a recent gas tax increase, in Sacramento, Calif.
The former Florida lawyer convicted of orchestrating a $1.2 billion Ponzi scheme likely won't be getting out of prison early after prosecutors sought to withdraw an offer to cut his sentence. Court documents filed Tuesday show that prosecutors have concluded that Scott Rothstein failed to comply with terms of his plea agreement by providing false information to the government.
U.S. Sen. Lindsey Graham speaks as Sen. Roy Blunt. Sen. John Barrasso, Senate Majority Whip Sen. John Cornyn, Sen. Bill Cassidy, and Senate Majority Leader Sen. Mitch McConnell listen during a news briefing at the Capitol September 19, 2017 Senate leaders have given up on the latest Republican push to repeal and replace President Barack Obama's health care law.
President Trump and top Republicans will promise a package of sweeping tax cuts for companies and individuals, people briefed on the planning said, but the GOP leaders will stop short of labeling many of the tax breaks they hope to strip away, putting off controversial decisions that threaten to sink the party's tax effort. Republicans' "unified" framework, which they will release and promote Wednesday during speeches and meetings, aims to cut taxes by more than $5 trillion over 10 years and recoup more than half of that lost revenue by eliminating numerous tax breaks.
Senate Republican leaders have decided not to bring their last-ditch Obamacare repeal bill, known as Graham-Cassidy, to the floor this week, for now killing their seven-year effort to dismantle the 2010 health care law. "We don't have the votes," said Sen. Bill Cassidy, R-Louisiana, one of the co-authors of the bill, at a press conference following a closed-door Senate GOP Conference lunch.