House seeks funding bill to avert December shutdown clash
House Republicans filed a government funding bill aimed at preserving military funds through September 30 2018 and extending other programs to January 19 2018 but lacking Dreamers immigration protections ACA subsidies opioid funding and nondefense boosts. It faces Democratic opposition and likely Senate rejection setting up a showdown before the December 22 deadline. The measure totals 582 billion for defense plus 68 billion in uncapped overseas war funding exceeding the current defense cap.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
House Appropriations Committee
Rodney Frelinghuysen
R-N.j
Democrats
Chamber
Nancy Pelosi
D-Calif
Pentagon
Ryan denies leaving as speculation swirls about his future
Politico claimed House Speaker Paul Ryan might retire before the next Congress. Ryan said during a morning briefing that he is not leaving soon. Spokeswoman AshLee Strong called it pure speculation and a Beltway rumor.
MENTIONED IN THIS ARTICLE
Politico
Paul Ryan
Ryan
AshLee Strong
Beltway
Farenthold Won't Seek Re-election amid Ethics Probe
Texas Republican J. D. Farenthold announces he will not run again. House Ethics Committee opens an inquiry into alleged explicit remarks to a former aide and retaliation after a complaint. A recent $84,000 taxpayer funded settlement is under scrutiny. The Times and CNN report new abusive behavior claims. Texas Democrats call for resignation.
MENTIONED IN THIS ARTICLE
J.S
Blake Farenthold
Texas
House Ethics Committee
Farenthold
Treasury
New York Times
CNN
Washington
Grassley backs Mueller amid GOP clash over texts
Senate Judiciary Chair Chuck Grassley defends Robert Mueller amid Republican fury over anti Trump text messages between FBI officials Strzok and Page. He notes political interference fears but says he has confidence in Mueller and his Russia inquiry. Grassley leads one of three probes into Russian meddling and related matters.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert Mueller
GOP
Donald Trump
Mueller
Trump
Kremlin
House Republicans
Hillary Clinton
FBI
Peter Strzok
Lisa Page
Russia
Senate Judiciary Committee
Chuck Grassley
Lown
Grassley
U.S
Moscow
Democratic National Committee
Clinton
Trump Promises Popular Return of Merry Christmas Greeting
Pew Research Center survey of 1,503 adults finds 52 percent say business holiday greetings do not matter, with a majority still celebrating Christmas. Religion vs culture splits noted. belief in Nativity verses varies by party.
MENTIONED IN THIS ARTICLE
Donald Trump
Trump
U.S
Pew Research Center
Pew
Jesus
GOP weighs shortening family tax cut duration in overhaul
Senate Finance Committee Chairman Orrin Hatch said Republicans are considering expiring tax cuts for families in 2024 instead of 2025 to free revenue for broader changes. The plan faces pushback over prioritizing corporate cuts and faces internal dissent on graduate tuition waivers and the student loan interest deduction. Sen Marco Rubio urged a larger child tax credit before supporting the $1.5 trillion package amid House and Senate negotiations.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Finance Committee
Orrin Hatch
Utah
GOP
House
House Republicans
Pete Sessions
Texas
Marco Rubio
Rubio
R-Fla
Mike Pence
Final tax bill provisions include lower corporate rate and seven brackets
The compromise plan cuts the corporate tax rate to 21 percent from 35, with seven individual income brackets and a top rate at 37. It keeps a $10,000 SALT cap while allowing deduction of state and local taxes and property tax. Mortgage interest drops to a $750,000 cap. estate tax exemption rises to about $11 million per person. Repeals the individual Obamacare penalty.
MENTIONED IN THIS ARTICLE
House
Senate
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Austin American-Statesman
Hall of Americans
Higher Education
Holding Out
House of Representatives
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ANWR
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