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Republican Sen. Rick Scott talks to congressional reporters as Senate GOP leaders look on during a press conference at the US Capitol on September 13, 2022 in Washington, DC. Alex Wong/Getty Images Sen. Rick Scott downplayed the chances of a new lawsuit against Trump endangering the midterms. Scott said kitchen table issues like rising crime […]
Rep. Elise Stefanik’s job as a subcommittee chair is to help the military adapt to the next generation of threats facing America. These days, she’s doing the same for the Republican Party. While party leaders fret about what the record 41 House Republican departures mean for their electoral chances this fall, Stefanik, 33, is excited […]
The big Republican tax cut isn’t even three months old yet. But it’s already confounding. For months, critics (like me) predicted that the new law would be a handout for large corporations, which would drive up their stock prices and enrich wealthy investors. Instead, the stock market has been a riot of volatility since Trump […]
The GOP’s tax bill will impact the housing market in four big ways. It nearly doubles the standard deduction, lowers the cap on the mortgage-interest deduction, caps the deduction for staten and local taxes, and eliminates deduction for in terest on home-equity debt. The new tax law represents a momentous change for how housing will […]
Brian Snyder/Reuters In the week following former national security adviser Michael Flynn’s guilty plea, new details have emerged about the meeting President Donald Trump’s son, Donald Trump Jr., attended in July 2016 with a Russian lawyer who offered him “dirt” on Hillary Clinton, among other revelations. The investigation of special counsel Robert Mueller has also […]
Updated on November 14 at 4:10 p.m. ET Republicans are taking another run at the Affordable Care Act as part of their overhaul of the tax code. Bowing to pressure from President Trump, Senate leaders announced on Tuesday afternoon that they would add the repeal of Obamacare’s individual insurance mandate to the far-reaching tax bill […]
The Republican Party has long billed itself as being for family values, for the dignity of work, for lower taxes, and (at least, as the minority party) for balanced budgets. The House GOP tax bill cuts against all of these positions. It would raise taxes on about one-third of the middle class by 2027. By […]
Grist For the past decade, Democrats hoping to pass a big climate law have played Charlie Brown to the Republicans’ Lucy. Despite the GOP making it clear it has no intention of holding the ball for a global warming kick, the left routinely convinces itself that their counterparts will kneel into position once it gets […]
AP Photo/Alex Brandon WASHINGTON (AP) — President Donald Trump says it’s probably time to “just let Obamacare fail” after the latest humiliating heath bill collapse in the Senate. Still, he’s making a last-ditch effort to find some way to revive his party’s seemingly failed efforts on the bill. Trump stayed largely on the sidelines as […]
AP Photo/Evan Vucci WASHINGTON (AP) — If Republicans can’t pass a budget, forget about a major overhaul of the nation’s tax code — at least if they want a GOP-only approach with President Donald Trump that would avoid Democratic delaying tactics. Congressional Republicans are struggling to first figure out a budget, but despite weeks of […]
