Trump Eyeing a 10 Percent Middle-Income Tax Cut Plan
President Donald Trump, speaking to reporters at the White House as he left on a campaign trip to Texas, said on Monday his administration planned to produce a resolution within two weeks calling for a 10 percent tax cut for middle-income people. "We're putting in a resolution sometime in the next week or week-and-a-half, two weeks," Trump said. "We're giving a middle-income tax reduction of about 10 percent. We're doing it now for middle-income people." Trump said on Saturday his administration was studying a tax cut to be rolled out some time around the beginning of November just before the Nov. 6 congressional elections, even though ... Read More
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Hillary Avoids Punishment in Arkansas over Secret Emails
Arkansas’s bar has declined to sanction former Secretary of State Hillary Clinton for her handling of her secret emails, rejecting a request that she face a misconduct investigation. The state Supreme Court’s office of professional conduct didn’t offer any explanation for its decision in an Oct. 17 letter to Ty Clevenger, the lawyer who’d asked for action. “As in most other states, Arkansas’s bar prosecutors will go to perverse lengths to protect a politically-influential attorney. Lawyers with the right political connections can get away with just about anything, and it doesn’t seem to matter if they’re Republicans or Democrats,” Mr. Clevenger ... Read More
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Obama Takes Credit for Trump's 'Economic Miracles'
Former President Barack Obama took credit Monday for what he called the “economic miracles” happening under President Trump. In a speech to Nevada Democrats, Mr. Obama derided Mr. Trump, without naming him, as merely being handed off a booming economy by the previous president and contrasted that with his own inheritance on the economy. “By the time I left office wages were rising … poverty was falling and that’s what I handed off to the next guy,” he said before chuckling. “So when you hear all this talk about economic miracles right now. Remember who started it. Remember who started it! C’mon!” ... Read More
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Trump Reportedly Set to Reverse Obama’s Transgender Policies
The Department of Health and Human Services is reportedly considering scrapping Obama-era executive actions tying federal school funding to recognizing gender as a choice. The report Sunday in the New York Times on the proposed change referenced a leaked memo. Nothing has been finalized, however. Here’s what to know about the potential new policy. 1. New Policy Same as the Old? The new policy, if adopted, would likely put into writing the presumption in place before President Barack Obama’s administration’s executive actions. The Obama administration in 2016 mandated that public schools open their restrooms, locker rooms, and showers to transgender students based on ... Read More
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Trump Admin Unveils Health Options for Small Firms
The Trump administration is rolling out new options for small employers to use tax-free accounts for providing health coverage to workers, officials said Monday. The idea is to expand so-called "health reimbursement arrangements" to allow employees to buy their own individual health insurance policies. Employers could also pair the accounts with workplace health plans, allowing workers to use the money for additional benefits such as dental care. Officials from the departments of Treasury, Labor, and Health and Human Services provided a broad overview of the proposed regulations Monday evening ahead of an official announcement, expected Tuesday. Critics say the approach will ... Read More
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