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House and Senate GOP leaders forged an agreement Wednesday on a sweeping overhaul of the nation's tax laws, paving the way for final votes next week to slash taxes for businesses, give many Americans modest cuts and deliver the first major legislative accomplishment to President Donald Trump.
House and Senate GOP leaders forged an agreement Wednesday on a sweeping overhaul of the nation's tax laws, paving the way for final votes next week to slash taxes for businesses and give many Americans modest tax cuts starting next year. Top GOP aides said lawmakers had reached an agreement in principle on the final package.
The Salt Lake Tribune) U.S. President Donald Trump, surrounded by Utah representatives looks at Sen. Orrin Hatch to give him the pen used to signs a presidential proclamation to shrink Bears Ears and Grand Staircase-Escalante national monuments at the Utah Capitol on Monday, Dec. 4, 2017. Depends on whom you ask.
Mitt Romney said last week that Roy Moore is "unfit" as the GOP Senate nominee for Alabama's special election on Dec. 12. Probably the biggest news out of Washington this week has been President Donald Trump's visit to Utah. People are speculating about what the spillover of his proclamation might be to public lands in the other 49 states.
AP Photo) Reporters ask questions of Sen. Orrin Hatch, R-Utah, chairman of the tax-writing Finance Committee, as he walks to meet with Senate Majority Leader Mitch McConnell, R-Ky., on the GOP effort to overhaul the tax code, on Capitol Hill in Washington, Friday, Dec. 1, 2017. Washington a Sen. Orrin Hatch on Wednesday called former presidential adviser Steve Bannon's attacks on Mitt Romney's Mormon faith "disappointing and unjustified," while Utah Gov. Gary Herbert said " Utahns reject the ugly politics and tactics" of Bannon.
President Donald Trump's rare move to shrink two large national monuments in Utah triggered another round of outrage among Native American leaders who vowed to unite and take the fight to court to preserve protections for lands they consider sacred. Environmental and conservation groups and a coalition of tribes joined the battle Monday and began filing lawsuits that ensure that Trump's announcement is far from the final chapter of the yearslong public lands battle.
Few - if any - close observers of Utah politics doubted for a moment what President Donald Trump meant in Salt Lake City Monday afternoon when he praised Sen. Orrin Hatch and voiced hope that the seven-term Republican "will serve your state and your country in the Senate for a long time to come." At a time when it is widely assumed that Hatch, 83, will soon announce he is retiring from the Senate next year, the President is clearly hoping the senator will change his mind and thus stop the expected candidacy of the Republican widely considered heir apparent to his seat: Mitt Romney, 2012 Republican presidential hopeful and a sworn enemy of Trump.
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President Donald Trump stands with Sen. Orrin Hatch, R-Utah, left, and Sen. Mike Lee, R-Utah, center, after arriving at the Ronald R Wright National Air Guard Base in Salt Lake City on Monday, Dec. 4, 2017. Protesters gather before a visit by President Donald Trump to announce that he is scaling back two sprawling national monuments, Monday Dec. 4, 2017, in Salt Lake City.
President Donald Trump arrived in Utah on Monday to announce that he is scaling back two sprawling national monuments, a move that is welcomed by the state's top Republican officials but opposed by tribes and environmental groups. Trump traveled west to announce his intention to shrink the Bears Ears and the Grand-Staircase Escalante national monuments.
President Trump 's trip to Utah Monday highlighted the emerging battle in the Republican Party for control of the Senate seat now held by Sen. Orrin G. Hatch , who's expected by many in the GOP to retire next year. Former Massachusetts governor and 2012 GOP presidential nominee Mitt Romney wants to run for the seat, but the president and former adviser Stephen Bannon are encouraging the 83-year-old Mr. Hatch to seek another term, viewing Mr. Romney as an elitist who's been less than supportive of Mr. Trump .
Saying it was his duty to "reverse federal overreach" by both the Obama and Clinton administrations, President Trump on Monday signed two proclamations to pare down and carve up both the Bears Ears and Grand Staircase-Escalante national monuments in Utah. At a speech in Salt Lake City, Mr. Trump said previous presidents have greatly abused their power under the century-old Antiquities Act, and stretched the law past its limits in cordoning off millions of acres of land and placing them under government control.
Washington a When Air Force One descends into Salt Lake City on Monday morning, planes departing and arriving will be held, causing momentary delays for travelers. And President Donald Trump's motorcade - mixed with pending snow showers - will likely cause some headaches for drivers in Utah's capital city as he zips around to meet with Mormon church leaders and speak at the state Capitol.
The lead author of the Senate Republican tax plan, Finance Committee Chairman Orrin Hatch of Utah, said that the federal government no longer has the money to fund the popular Children's Health Insurance Program, known as CHIP. "The reason CHIP is having trouble [passing] is because we don't have money anymore," Hatch said.
Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by Christmas. "Big bills are rarely popular.
Less than a week after floating the idea that older employees should no longer be able to make extra contributions to their retirement accounts before taxes, that proposal appears to be off the table, for now. Senate Finance Committee Chairman Orrin Hatch, R-Utah, had filed an amendment to the chamber's tax reform legislation last week that would restrict so-called "catch-up" contributions for workers aged 50 and above to 401 , 403 and 457 retirement accounts and the Thrift Savings Plan to Roth investments, which are taxed before the money is invested.
On November 14, 2017, Senate Finance Committee Chairman Orrin Hatch released a new modified mark of the Senate version of the Tax Cuts and Jobs Act that modifies provisions related to Internal Revenue Code Sections 409A and 162 . The Chairman's modification adds a transition rule for the elimination of employer deductions for payments over $1 million to certain executives under Code Section 162 .
Senate Finance Committee Chairman Orrin Hatch, R-Utah, center, makes opening remarks as he is flanked by Sen. Ron Wyden, D-Ore., left, the ranking member, and Sen. Chuck Grassley, R-Iowa, right, as the tax-writing panel begins work on overhauling the nation's tax code, on Capitol Hill in Washington, Monday, Nov. 13, 2017. The legislation in the House and Senate carries high political stakes for President Donald Trump and Republican leaders in Congress, who view passage of tax cuts as critical to the GOP's success at the polls next year.
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events Addressing a black-tie crowd at the National Building Museum on Thursday night, Vice President Pence hailed congressional progress toward what he said would be the " biggest tax cut in American history ." As he spoke, less than a mile away the Senate Finance Committee was racing to wrap up work on a tax bill that will hand large cuts to the wealthiest while raising taxes on those earning between $10,000 and $75,000 over the next decade.
A Senate Finance Committee hearing got heated Wednesday as the committee's chair, Sen. Orrin Harch, defended the decision to include in the tax bill a repeal of the Obamacare requirement for Americans to get health insurance. Sen. Ron Wyden, D-Ore., left, the top Democrat on the Senate Finance Committee, criticizes the Republican tax reform plan while Chairman Orrin Hatch, R-Utah, listens to his opening statement as the panel begins work overhauling the nation's tax code, on Capitol Hill in Washington, Monday, Nov. 13, 2017.