corporations

Taiwan Officials Eyeing Republican Plan for Tax Code Overhaul
Changes seen as potential investment boon

Speaker of the House Paul Ryan, R-Wisc., may have an attentive audience among Taiwanese investors when he’s talking about giving the U.S. tax code a makeover. (Bill Clark/CQ Roll Call File Photo)

 

House Speaker Paul D. Ryan reaffirmed Tuesday Congressional Republicans’ intention to give the U.S. tax code a makeover. Among those listening with keen interest to Ryan’s announcement?

Ryan, Pence Promise Tax Overhaul but Offer Few Details
Speaker, vice president ramp up rhetoric on taxes

Vice President Mike Pence and Speaker Paul D. Ryan, pictured together before President Donald Trump’s address to Congress in February, spoke about overhauling the tax code during a National Association of Manufacturers summit Tuesday. (Bill Clark/CQ Roll Call file photo)

House Speaker Paul D. Ryan and Vice President Mike Pence on Tuesday reiterated a commitment to overhauling the tax code this year but offered no new details on how they plan to do so. 

In separate addresses to a National Association of Manufacturers summit, Ryan and Pence said 2017 is the year Congress will rework the tax system. 

Freedom Caucus Sets Up Battle With Leadership Over Taxes
Conservatives seek to attach welfare cuts to tax overhaul in exchange for budget deal

The Freedom Caucus, led by Chairman Mark Meadows, outlined Friday its principles for a tax overhaul. (Bill Clark/CQ Roll Call File Photo)

House Republican leaders are negotiating a tax overhaul with their counterparts in the Senate and the White House, but another group of GOP lawmakers is signaling it too must be included in any deal.

House Freedom Caucus leaders are laying out their ideas for overhauling the tax code that, together with a related proposal for getting a budget deal, is likely to set them up for a fight with GOP leaders and tax writers.

Analysis: Can Corbyn Channel Sanders-Style Socialism Into UK Upset?
Election results could steer Democrats in the U.S. to the left

Jeremy Corbyn, leader of the Labour Party of the U.K., speaks to activists during a rally Wednesday in Glasgow, Scotland, on the final day of campaigning before the election. (Jeff J Mitchell/Getty Images)

Defying all expectations, Jeremy Corbyn has led the Labour Party in the United Kingdom to a stunning turnaround from guaranteed loser to genuine contender in Thursday’s election.

Though still very much the underdog, Corbyn has reinvigorated the party with a surge of youthful, socialist enthusiasm that will look familiar to anyone who followed last year’s Democratic presidential primaries. And that success could provide a guide for Democrats looking to build their party up in the age of Trump.

Trump Withdraws US From Paris Climate Agreement
President says country could re-enter accord under a ‘deal that’s fair’

President Donald Trump will announce his decision on the Paris Agreement on Thursday afternoon. (Mark Wilson/Getty Images file photo)

BY ELVINA NAWAGUNA AND JOHN T. BENNETTUpdated 4:26 p.m. | President Donald Trump said the United States will withdraw from the Paris climate agreement, fulfilling a campaign promise and handing victory to Republican lawmakers who had pushed for an exit from what they termed a bad deal that would put a drag on the U.S. economy.

Trump left open the possibility of re-entering the accord after renegotiating a “deal that’s fair.”

Lobbyists Don’t Get Business Boom With Trump
Clients have been hiring lobbyists at a reduced rate compared to 2009

BY SEAN MCMINN and KATE ACKLEY

With a unified Republican government in Washington, lobbyists hoped that 2017 would offer a long-awaited opportunity to push big proposals through Congress — but records do not indicate any large uptick in clients during the early months of the Trump administration.

Paralympian and Sled-Dog Racer Enters Oregon Congressional Race
Democrat Rachael Scdoris-Salerno will challenge Republican Rep. Greg Walden in Oregon's 2nd District

Credit: Campaign Facebook Page

Democrat Rachael Scdoris-Salerno will challenge Republican Rep. Greg Walden to represent Oregon's 2nd District in 2018. 

Scdoris-Salerno, 32, is most well-known for competing in four Iditarod sled-dog races and as a tandem cyclist at the Paralympics twice. She is legally blind due to a congenital disorder called achromatopsia. She and her husband own a sled dog tour business in Bend, Ore. 

Senate Democrats Find Message on Trump’s Tax, Health Care Promises
Criticism expected to be major 2018 theme for minority party

President Donald Trump, center, acknowledges House Republicans after they passed legislation aimed at repealing and replacing the 2010 health care law, during an event in the Rose Garden at the White House on Thursday. (Mark Wilson/Getty Images)

President Donald Trump rode into the White House on a populist wave with promises to protect working, middle-class families and vows to put the concerns of Main Street over those of Wall Street. 

But for Senate Democrats, those campaign pledges have yet to materialize in the Republicans’ first two major legislative priorities under a unified GOP government: repealing the 2010 health care law and overhauling the tax code.

Trump’s Promise to Repair the Nation’s Infrastructure is Off the Tracks
Problems with roads, bridges, railways, metros and tunnels are dire

President Donald Trump’s first 100 days in office have come and gone, and we are no closer to an infrastructure package than we were when the president promised during his campaign to “build the next generation of roads, bridges, railways, tunnels, sea ports and airports that our country deserves.”

The dire infrastructure needs of our country, particularly in the Northeast, are glaring, and unless the president gets serious about the problem, things will only get worse.

Trump Order Could Lure Churches into Dark Money Politics
IRS directed to not enforce so-called Johnson Amendment

President Donald Trump signed an order Thursday that would allow religious organizations to engage more in elections without losing their tax exemption. (Al Drago/CQ Roll Call File Photo)