Can Republicans Defend Tax Reform After It Becomes Law?
Congress passed the largest overhaul to the American tax code in over three decades. If and when President Trump signs it into law, will Republicans be able to defend the bill, given its low national approval ratings?
Nick Givas, Media Reporter at The Daily Caller, and Nate Lerner, Executive Director at the Democratic Coalition, discuss the uphill battle Republicans face selling tax reform in time for the 2018 midterm elections. Lerner says it's the same problem that Democrats faced after passing passing the Affordable Health Care Act.
Givas and Lerner also discuss whether President Trump signs the tax bill into law before the New Year. If the bill is signed before the holidays, then it will cause immediate cuts to programs like Medicare thanks to the Reagan-era Paygo law. It forces the federal government to make major cuts to programs when Congress passes a law that will cause national debt to rise.
The Social Security Administration’s acting commissioner has stepped down from her role at the agency over Department of Government Efficiency requests.
Mexican President Claudia Sheinbaum says her government is not ruling out filing a civil lawsuit against Google if it maintains its stance of calling the stretch of sea between northeastern Mexico and the southeastern United States the “Gulf of America.” Sheinbaum, in her morning press conference on Thursday, said the president’s decree to change the name of the Gulf of Mexico is restricted to the “continental shelf of the United States” because Mexico still controls much of the body of water. “We have sovereignty over our continental shelf,” she said.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during
President Donald Trump has ordered the U.S. to stop minting pennies. His surprise announcement comes after decades of unsuccessful efforts to phase out the 1-cent coin. Advocates for ditching the penny cite its high production cost and limited utility. Fans of the penny cite its usefulness in charity drives and relative bargain in production costs compared with the nickel. Here's a look at some question surrounding Trump's order.
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Brian Bennett, Senior White House correspondent at TIME, discusses Musk's relationship to Donald Trump and how he has such access in the federal government.
