Tag: National budgets

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’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…

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…

Trump Accuses Obama: He’s β€˜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…

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.…

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 β€” 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 β€” well, something. The…

Obama Signs Order To Begin $85B In Sequester Spending

President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the β€œsequester” after he and congressional leaders failed to find an alternative budget plan. The President, after an Oval Office meeting with the lawmakers, called the cuts β€œjust dumb.” He said they would slow the economic recovery and…