Tag: Government finance

House Votes To Approve $1.1 Trillion Spending Bill

A bipartisan $1.1 trillion spending bill that will keep the federal government running through September was approved Wednesday by the House. The bill does not include any funding for President Trump’s proposed wall along the U.S. border with Mexico, secures funding for Planned Parenthood, and adds $15 billion to the military’s budget. The National Endowment…

Trump Signs The Johnson Amendment Religious-Liberty Executive Order

President Donald Trump on Thursday signed an executive order that loosens the restrictions on political activity for religious groups. “We will not allow people of faith to be targeted, bullied, or silenced anymore, and we will never ever stand for religious discrimination,” Trump said in the White House Rose Garden. “No American should be forced…

Trump: Congress Needs Shutdown to Fix ‘Mess’

President Donald Trump on Tuesday said a shutdown of the U.S. government would be necessary in order to fix the “mess” in Congress. “The reason for the plan negotiated between the Republicans and Democrats is that we need 60 votes in the Senate which are not there!” Trump tweeted. “We either elect more Republican Senators…

Trump To Propose Cutting Corporate Tax Rate To 15 Percent

On Wednesday, President Trump will announce his plan to overhaul the tax code, including his proposal to cut the corporate tax rate from 35 percent to 15 percent, White House officials told The Washington Post on Monday. Independent analysts have estimated a cut this severe could cost the federal government $2.4 trillion over 10 years,…

March For Science Protests Assemble In Washington, Worldwide

Thousands of people are expected to protest Saturday in Washington, D.C., and in cities around the world in March for Science events timed for Earth Day. The rallies are intended to promote popular interest in science, recognize scientific achievements, and protest the Trump administration’s proposed cuts to research funding as well as policy-making around issues…

Trump Undercuts Top Adviser Bannon

Trump On Bannon: ‘I’m My Own Strategist’ In an interview with the New York Post on Tuesday, President Trump appeared hesitant to fully back White House Chief Strategist Steve Bannon, as the latter has apparently been bad-mouthing Trump’s son-in-law and adviser, Jared Kushner. Trump was asked if he still has confidence in Bannon and said:…

Jared Kushner Omitted Russia Meetings on Security Forms

President Trump’s son-in-law, Jared Kushner, is reported to have omitted dozens of contacts with foreign officials and leaders in recent months on his top-secret security-clearance application form. In order to get clearance, Kushner, according to The New York Times, was required to note all such encounters with foreign governments over the past seven years, but…

President Trump’s Company Pursues Second Washington Hotel

President Trump’s company is actively seeking to open a second Washington hotel as part of a planned nationwide expansion, potentially creating another venue where he stands to benefit financially from customers doing business in the nation’s capital. Representatives of the Trump Organization, now run by the president’s adult sons, have inquired in recent months about…

Trump Ultimatum To GOP: Pass Health Care or Else

President Trump has urged a vote on the American Health Care Act on Friday after the vote was postponed Thursday due to a lack of sufficient support to pass it. According to The Washington Post, Trump delivered an ultimatum: Pass the bill or he will move on from the repeal-and-replace cause. House Speaker Paul Ryan…

GOP Struggles To Secure Votes On Health Bill

Republicans say they still plan to put the American Health Care Act up for a vote on Thursday, even as the White House and House Republican leaders continue to work to whip up enough votes to ensure passage. Late Wednesday, the White House and the conservative House Freedom Caucus reportedly reached a deal to strike…

Trump’s First Budget Seeks Deep Cuts To Everything But Military, Border

President Trump unveiled his 2018 budget proposal Thursday, providing the clearest view yet of the policies he wants to use to deliver on his campaign promises. The plan includes a $54 billion increase in defense spending and a substantial bump for border security, while calling for deep cuts to most federal agencies, including roughly 30…

‘Never Trump’ GOPers Wants Committee To Investigate Russia And Trump

Democrats in Congress have long argued that the ongoing intelligence committee investigations into Russia’s interference in the presidential election and the Trump campaign’s ties to the Kremlin are unlikely to get to the bottom of the issue. Now a group of “Never Trump” Republicans are planning to pressure GOP leaders to establish a bipartisan select…

Spicer: Trump To Donate Salary At End Of Year

President Donald Trump will allegedly donate his presidential salary to an undetermined charity at the end of the year, White House Press Secretary Sean Spicer told reporters during a Monday press briefing. In November, Trump promised to forgo the $400,000 salary, telling 60 Minutes that “I’m not going to the take the salary.” However, federal…

The CBO Estimates GOP Health Plan Would Leave 24 Million

The nonpartisan Congressional Budget Office on Monday released its cost estimate for the American Health Care Act, the Republican proposal to replace ObamaCare. The CBO’s report says that the GOP plan would reduce the federal deficit by $337 billion by 2026, with the most savings coming from “reductions in outlays for Medicaid and from the…

John Oliver Rips Trumpcare: ‘People Are Going To Be Hurt By This Bill’

John Oliver ripped apart the latest healthcare reform, referring to it as “shitty Obamacare”. He then proceed to exposes the American Health Care Act, championed by the House speaker, Paul Ryan, saying: “You may not have wanted it, it looks awful, but it’s here anyway” which he likened to “Pirates of the Caribbean 5: The…

Chaffetz: Americans May Need To Choose Healthcare Over New iPhones

GOPer Rep. Jason Chaffetz said to CNN on Tuesday that some Americans regarding to their healthcare choice may come down to buying a new iPhone or paying for medical coverage. “You know what, Americans have choices. And they’ve got to make a choice,” said Chaffet. “And so maybe, rather than getting that new iPhone that…

DHS Has Just $20 Million For Trump’s Border Wall

The White House has said construction could begin quickly on President Trump’s border wall using “existing funds and resources” from the Department of Homeland Security, but a DHS document says the agency so far has identified just $20 million that could be redirected to the project, Reuters reported Wednesday. The document, which was given to…

229 Republicans Vote to Hide Trump’s Tax Returns [VIDEO]

House Republicans voted en masse to block a resolution that would have forced Trump to turn his tax returns over to Congress on Monday night. The measure was introduced by Rep. Bill Pascrell (D-NJ), a member of the House Ways and Means Committee. Under a 1924 law, the Ways and Means Committee is empowered to…

Read the Entire Text of President Donald Trump’s Speech to Congress

President Donald Trump addressed both houses of Congress Tuesday night. You can read his speech as provided by the White House below: Mr. Speaker, Mr. Vice President, Members of Congress, the First Lady of the United States, and Citizens of America: Tonight, as we mark the conclusion of our celebration of Black History Month, we…

Trump Accuses Obama: He’s ‘Behind’ Leaks, Protests [VIDEO]

President Trump on Tuesday morning blamed former President Obama for leaks of classified information from the White House and for protests in the wake of a controversial executive order halting immigration from seven predominantly-Muslim countries to the U.S. Trump made the comments in an interview with Fox and Friends, during which he gave no evidence…

Trump To Deliver First Presidential Address To Congress – WATCH LIVE

President Trump will address a joint session of Congress on Tuesday night at 9 p.m. Eastern time, looking to refocus his presidency and rally support for his policies from Republicans in Congress and the public at large, amid historically low approval ratings. Trump advisers say the president will tout what he has described as early…

Senate Expected To Confirm Steven Mnuchin As Treasury Secretary

On Monday, the Senate is expected to confirm two of President Trump’s Cabinet nominees, Steven Mnuchin as treasury secretary and David Shulkin to head the Department of Veteran Affairs. The vote on Mnuchin, a former top Goldman Sachs executive and Hollywood financier, will be much closer than Shulkin’s confirmation. Republicans argue that Mnuchin is well-qualified…

Kellyanne Conway Invents Fake Bowling Green Massacre [VIDEO]

On her visit to Chris Matthews’ “Hardball” show on Thursday night, Kellyanne Conway make up a fictional “massacre” when justifying the President’s ban on refugees and immigrants from seven majority-Muslim countries. “I bet it’s brand new information to people that President Obama had a six-month ban on the Iraqi refugee program after two Iraqis came…

Trump: I Will ‘Destroy’ Johnson Amendment [VIDEO]

After asking prayer for Arnold Schwarzenegger’s Apprentice ratings this morning at the National Prayer Breakfast Trump declared that religious freedom is “under threat,” He vowed to repeal an IRS rule that says pastors who endorse candidates from the pulpit risk losing their tax-exempt status. “I will get rid of and totally destroy the Johnson Amendment…

Refugees Detained at U.S. Airports Take Legal Action Over Trump’s Order

Right after President Trump signed an executive order that bans U.S. entry from Iran, Iraq, Syria, Sudan, Libya, Yemen, and Somalia for 90 days while suspending the U.S. Refugee Admissions Program for 120 days, the rule already faces partial challenge in court. Immigration lawyers acting on behalf of two Iraqi men, one a former U.S.…

American Automakers To Meet With Trump Tuesday

President Donald Trump meets Tuesday with the CEOs of General Motors, Ford, and Chrysler in the Oval Office. “I want new plants to be built here for cars sold here!” Trump tweeted Tuesday. Trump made a point on the campaign trail of slamming American automakers for importing cars from Mexico and vowed a border tax…

Senate Begins Formally Repealing ObamaCare

Early Thursday, after voting down dozens of amendments proposed by Democrats over seven hours, Senate Republicans approved a budget resolution measure officially beginning the process to repeal the Affordable Care Act, with no replacement yet proposed. The resolution, which passed on a partisan 51-48 vote — Sen. Rand Paul (R-Ky.) joined all Democrats present in…

Obama, Pence Visit Capitol Hill For Obamacare Fight

President Barack Obama arrived to the Capitol to give congressional Democrats advice on how to combat the Republican drive to dismantle his health care overhaul. Vice President-elect Mike Pence is meeting with GOP lawmakers to discuss the best way to send Obama’s cherished law to its graveyard and replace it with — well, something. The…

GOP Plans To Tear Down Obama’s Legacy As New 115th Congress Sworn In Today

The 115th Congress begins Tuesday with Republicans, set to control the House, Senate, and presidency for the first time since 2006, planning to start dismantling many Obama-era financial and environmental regulations, and undo parts of Obama’s signature healthcare reform law. President Obama is meeting with fellow Democrats on Wednesday to discuss how to prevent ObamaCare…

Congress to Act on Debt Limit By Nov. 5

Treasury Secretary Jacob Lew warned lawmakers in a letter on Thursday that the deadline for increasing the government’s borrowing limit has moved up to about Nov. 5, or a month earlier than expected. The altered deadline was due to tax receipts coming in below estimates and military retirement trust funds costing more than expected, according…