U.S. Senate still on track to release tax bill Thursday: aide
WASHINGTON (Reuters) – The U.S. Senate is still on track to release on Thursday its version of a bill to overhaul the nation’s tax code, a congressional source told Reuters.
Senate panel advances crackdown on online sex trafficking
WASHINGTON (Reuters) – A U.S. Senate committee on Wednesday advanced legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, the most concrete action from Congress this year to tighten regulation of inter…
Congress finalizes $700 billion defense spending plan
WASHINGTON (Reuters) – Members of U.S. congressional defense committees said on Wednesday they supported a plan for $700 billion in defense spending in fiscal year 2018, backing President Donald Trump’s call for a boost for the military.
Senate will not release tax bill on Thursday: Axios
WASHINGTON (Reuters) – The U.S. Senate will not release its version of a tax reform bill on Thursday, Axios reported on Wednesday, citing a senior Republican aide.
Ryan opens door to later corporate tax rate cut: Fox News
WASHINGTON (Reuters) – U.S. House Speaker Paul Ryan on Wednesday left the door open to a possible delay in when Republican’s tax cut plan would lower rates for corporations, following a media report that Senate Republican’s version of the overhaul woul…
U.S. lawmakers introduce bipartisan bills on foreign investment amid China worries
WASHINGTON (Reuters) – A bipartisan group of lawmakers in the U.S. Senate and House of Representatives introduced bills on Wednesday to toughen U.S. foreign investment rules amid growing concern about Chinese efforts to buy U.S. high-tech companies.
CBO revises deficit estimate from Obamacare individual mandate repeal
WASHINGTON (Reuters) – The Congressional Budget Office on Wednesday said that repealing the individual mandate for health insurance would reduce the federal budget deficit less than first forecast as it readied a revised analysis of a policy shift favo…
Trump administration tightens sanctions against Cuba
WASHINGTON (Reuters) – The U.S. government announced new restrictions against Cuba on Wednesday, tightening sanctions as part of President Donald Trump’s pledge to roll back his Democratic predecessor’s move toward warmer ties with Havana.
Business group pushes for U.S. flood insurance reform as December deadline looms
WASHINGTON (Reuters) – The latest attempt to overhaul the U.S. federal flood insurance program hit a stumbling block, but a coalition of business and environmental groups renewed their push on Wednesday for lawmakers to enact an overhaul before the pro…
White House condemns missile attacks on Saudi by Yemen’s Houthis
BEIJING (Reuters) – The White House on Wednesday condemned missile attacks by Yemen’s Houthi militias on Saudi Arabia, saying they threatened the region’s security and undermined efforts to halt the conflict.
