Ohio

Businesses Say Foreign Payment Treatment May Breach Treaties
Provisions in House and Senate tax bills draw pushback

Ohio Rep. James B. Renacci says issues with the provisions in question must be resolved in conference negotiations. (Bill Clark/CQ Roll Call file photo)

Business advocates are warning that provisions in the House and Senate tax bills aimed at discouraging offshore migration of multinational operations could trigger trade disputes and retaliation by trading partners because they conflict with tax treaties.

The Semiconductor Industry Association, representing big chipmakers such as Intel Corp., Texas Instruments Inc. and Qualcomm Inc., told Republican leaders in a Dec. 5 letter that it has trade-related concerns about two House and Senate proposals that target multinationals’ payments to foreign affiliates, including payments for parts and other goods used in manufacturing, royalties, interest and management fees.

Arizona’s Trent Franks to Resign Jan. 31
GOP lawmaker said to have made female staffers uncomfortable with talk of surrogacy

Arizona Rep. Trent Franks was first elected in 2002. (Tom Williams/CQ Roll Call file photo)

Updated 7:24 pm | Arizona Republican Trent Franks said Thursday he is resigning from Congress effective Jan. 31 amid an Ethics Committee investigation into discussions he had with two female staffers about surrogacy. 

In a lengthy statement Thursday evening, Franks said he and his wife struggled with fertility.

Ratings Update: Tennessee Senate Remains Solid R for Now
Democrats may still have uphill battle, even with Bredesen

Former Tennessee Gov. Phil Bredesen. (Courtesy the American Academy of Arts and Sciences)

Democrats made a big splash this week with the entry of former Gov. Phil Bredesen into the Tennessee Senate race, but the party still has an uphill battle in a state President Donald Trump won convincingly, and it’s not even clear Bredesen gives Democrats the best chance of winning.

On the surface, having a former two-term governor running for an open seat (GOP Sen. Bob Corker is not running for re-election) looks like a great takeover opportunity for Democrats, but there are some signs that the race should still be considered a long shot.

House GOP Plans to Lobby Leaders on Key Tax Provisions
Estate tax and corporate rate addressed in letters

Rep. Warren Davidson, R-Ohio. (Bill Clark/CQ Roll Call file photo)

House Republicans are planning to pressure leaders from both chambers to maintain two key provisions in the House tax measure during conference negotiations, according to draft letters obtained by Roll Call.

The lobbying comes as the House and Senate try to bridge gaps between their two bills. While many provisions are similar, the differences in the two measures are stark and could require substantial revenue to reconcile.

Freedom Caucus Open to Linking Spending Deal to Health Care
Senate insurance market stabilization measure could be part of calculus now

From left, Rep. Mark Meadows, R-N.C., House Majority Leader Kevin McCarthy, R-Calif., and Rep. Jim Jordan, R-Ohio, leave a meeting in the Speaker’s office in the Capitol on Wednesday. (Tom Williams/CQ Roll Call)

As House Republicans continue to strategize about how to fund a defense spending increase by Christmas, a key conservative said Wednesday he’d be open to a bipartisan Senate proposal to fund the cost sharing reduction subsidies for the health insurance exchanges if that’s what it would take to get Senate Democrats on board.

“If Alexander-Murray would break the defense and non-defense wall, that may be a price that many would be willing to pay,” House Freedom Caucus Chairman Mark Meadows said, even as he noted that has not been a part of the discussions so far.

Conyers’ Downfall Was Richmond’s ‘Most Trying Moment’
‘You want to hold out hope that he did not do these awful things,’ Congressional Black Caucus chairman says

Rep. Cedric Richmond, D-La., walks down the House steps following a vote in the Capitol on Tuesday. (Bill Clark/CQ Roll Call)

Congressional Black Caucus Chairman Rep. Cedric Richmond called the downfall of Rep. John Conyers one of the most difficult moments in Richmond’s time leading the caucus.

Conyers announced his resignation effective immediately on Tuesday amid reports he sexually harassed multiple women. The Michigan Democrat also said he endorsed his son to run for his seat.

GOP Spending Strategy Would Delay Shutdown Showdown
House Republicans consider multistep formula for combination defense-CR

Speaker Paul D. Ryan hosted a strategy meeting in his office Tuesday. (Bill Clark/CQ Roll Call)

House Republicans are working on a multistep government funding strategy that involves a two-week stopgap measure to keep the lights on beyond Dec. 8 and fully funding defense by Christmas.

No final decisions have been made but the idea GOP leaders have discussed with key conference members is to stick to the plan to pass a continuing resolution through Dec. 22.

Senate Banking Advances Powell Nomination for Fed Chairman
Sen. Elizabeth Warren only senator to vote against recommendation

Jerome Powell earned the support of all but one member of the Senate Banking Committee to advance his nomination for Fed chairman. (Photo By Tom Williams/CQ Roll Call)

The Senate Banking Committee voted 22-1 Tuesday to recommend confirmation of Jerome Powell as the next chairman of the Federal Reserve. Massachusetts Sen. Elizabeth Warren voted against the recommendation.

Powell received the support of Chairman Michael D. Crapo, who had voted against him during his renomination to the Fed board in 2014.

John Anderson, Republican Who Ran for President as Independent, Dead at 95
Longtime House member made 1980 a three-way race

Rep. John B. Anderson, center right, looks on as President Gerald R. Ford shakes hands with Rep. Ray John Madden. (Mickey Senkol/CQ Roll Call file photo)

Former Rep. John B. Anderson, a Republican from Illinois who shook up the 1980 presidential race by running as an independent, died Sunday in Washington, D.C. He was 95.

From Rockford, Illinois, he was first elected in 1960 to the 87th Congress. He served 10 terms overall, and was a one-time chairman of the Republican Conference.

Victorious McConnell Praises GOP Team Effort on Taxes
The leader says he does not expect a tough conference

Senate Majority Leader Mitch McConnell, R-Ky., leaves the Mansfield room after the Senate Republicans' lunch with President Donald Trump on Tuesday. (Bill Clark/CQ Roll Call)

Updated at 2:28 a.m. | This time, just about everything went according to plan for Senate Majority Leader Mitch McConnell.

The Kentucky Republican, who months ago came up just short of passing a bill through his chamber to roll back the 2010 health care law, got 51 Republicans behind the sweeping tax overhaul that passed in the wee hours of Saturday morning.