Trump proposal slashes taxes on businesses, the rich amid deficit worries
WASHINGTON (Reuters) – President Donald Trump on Wednesday proposed the biggest U.S. tax overhaul in three decades, offering to cut taxes for most Americans but prompting criticism that the plan favors the rich and companies and could add trillions of …
Trump eyes executive order on healthcare, vows another vote next year
WASHINGTON (Reuters) – President Donald Trump, faced with the latest congressional failure to undo Obamacare, said on Wednesday he was working on an executive order to expand access to health insurance and would negotiate with Democrats for a legislati…
Trump ‘not happy’ with U.S. health chief Price over private travel
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was “not happy” with Health and Human Services Secretary Tom Price over reports he used expensive private charter jets to travel for government business rather than cheaper commerc…
U.S. House Freedom Caucus backs Republican tax reform framework: statement
WASHINGTON (Reuters) – The conservative Freedom Caucus in the U.S. House of Representatives said in a note posted on Twitter on Wednesday that it had taken an official position in support of the Republican framework for tax reform. It said it would iss…
U.S. lawmakers ask Facebook, Twitter for information on anti-fracking ads
WASHINGTON (Reuters) – A U.S. House committee investigating whether Russia has tried to influence U.S. public opinion on fossil fuels asked Facebook , Twitter and Alphabet on Wednesday to turn over information about Russian entities that may have bou…
Trump slams Facebook as lawmakers await ads amid Russia probe
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday criticized Facebook Inc as “anti-Trump” and questioned its role during the 2016 presidential campaign, amid probes into alleged Russian interference in the election and possible collusion…
Exclusive: Republican U.S. tax framework sets 20 percent corporate rate
WASHINGTON (Reuters) – Republicans in the U.S. Congress and the White House called for slashing tax rates on businesses and the wealthy on Wednesday, as part of a new tax plan that offers few details about how to pay for tax cuts without expanding the …
Trump criticizes Facebook, questions its role during campaign
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday criticized Facebook Inc as “anti-Trump” and questioned its role during the 2016 presidential campaign, amid ongoing probes into alleged Russian interference in the election and possible c…
Puerto Rico expects U.S. to lift Jones Act shipping restrictions
(Reuters) – Puerto Rico Governor Ricardo Rossello said on Wednesday he expected the federal government to waive the Jones Act, which would lift restrictions on ships that can provide aid to the island devastated by Hurricane Maria.
Trump says Republicans have the votes to pass healthcare later
WASHINGTON (Reuters) – Republicans have enough support to pass their healthcare overhaul but not this week, President Donald Trump said on Wednesday, one day after Senate Republicans admitted defeat over their effort to repeal and replace Obamacare.
