White House open to striking health provision from tax bill
The White House says it’s willing to strike a health-care provision from Senate legislation to cut taxes and overhaul the tax code if the provision becomes an impediment to passing one of President Donald Trump’s top legislative priorities.
GOP closer to big win with House tax vote; Senate unclear
Republicans have stretched closer to delivering the first big legislative victory for President Donald Trump and their party, whisking a $1.5 trillion overhaul of business and personal income taxes through the House. Thorny problems await in the Senate, though.
Highlights of House, Senate GOP bills to overhaul tax code
The House passed a nearly $1.5 trillion tax bill that differs from legislation approved by the Senate Finance Committee. A comparison of the Republican-written measures:
Republicans muscling tax bill through House; hits senator roadblock
Republicans are muscling their massive tax bill through the House, with President Donald Trump urging them on to a critically needed legislative victory and GOP House leaders exuding confidence they have the votes.
Obama health mandate now target of GOP in big tax bill
The Obama health care law’s requirement that Americans get insurance coverage is now pinned as a target of Republican lawmakers, as they look to end the individual mandate to help pay for deep cuts in their tax legislation.
Analysis says Senate bill would hike taxes for 13.8 million
Promoted as needed relief for the middle class, the Senate Republican tax overhaul actually would increase taxes for some 13.8 million moderate-income American households, a nonpartisan analysis showed Monday.
House GOP weighs repeal of health mandate in tax bill
Republicans are weighing a repeal of a key tenet of the Obama-era health care law in their tax overhaul as the House’s tax-writing committee begins work on shaping the bill.
Republican tax plan may offer little aid for many in middle class
House Republicans have stressed that the tax plan they unveiled Thursday is tailored to benefit America’s middle class. Just how much it would remains uncertain based on the details that have been provided so far.
Corporations to keep tax break lost by millions of Americans
Millions of Americans would lose a prized tax break under President Donald Trump’s sweeping revamp of the tax code, but corporations would get to keep it.
Trump to pitch tax plan as boon for truckers
President Donald Trump will pitch his tax plan as a boon for truckers in Harrisburg, Pennsylvania today — the latest stop on a cross-country tour aimed at selling his tax reform proposal.
Trump to promote tax plan in address to manufacturers group
President Donald Trump will promote his plan for a sweeping rewrite of the tax code to an audience eager for the proposed change.
Trump, GOP roll out tax plan; cuts rates, doubles deduction
President Donald Trump and congressional Republicans are rolling out a wide-ranging plan to cut taxes for individuals and corporations, simplify the tax system, and likely double the standard deduction used by most Americans.
GOP, White House prepare to roll out tax cuts
The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the levy for the wealthiest Americans, with President Donald Trump ready to roll out the policy proposal at midweek.
Senate GOP looking for budget deal to open way to tax redo
Pushing toward the Republicans’ prime goal of tax legislation, the GOP Senate leader and members of the Budget Committee are scrambling to come up with a budget deal to clear the way for the first tax overhaul in three decades.
House panel approves budget with hopes for tax reform
A key House panel on Wednesday approved a Republican fiscal plan that probably won’t deliver on its promises to balance the budget, but would begin to clear a path for a GOP effort to overhaul the tax code this fall.
White House to negotiate tax overhaul behind closed doors
The White House plans to privately negotiate a massive overhaul of the tax system with Republican leaders in Congress, possibly giving rank-and-file members little if any say over the finished product, according to a top aide to President Donald Trump.
Ryan says tax overhaul long overdue
Noting he had just gotten his driver’s license the last time Congress overhauled the nation’s tax system, House Speaker Paul Ryan on Wednesday insisted lawmakers will act soon even as he deals with deep divisions in his own Republican Party.