Washington negotiators approve 700 billion defense bill for 2018
House and Senate negotiators reach a compromise defense bill of 700 billion for fiscal 2018 boosting Pentagon and military funding beyond Trump request. The measure adds 26 billion above his request and nearly doubles the planned troop increase, with Democratic leaders backing but warning of budget adequacy concerns.
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Washington
House
Senate
Pentagon
Donald Trump
Trump
Legislation Committee
Democratic Committee
Congress
Estimated uninsured rise if Obamacare mandate ends
The Congressional Budget Office projects 13 million more uninsured by 2027 if the individual mandate is repealed and the federal deficit would fall by 338 billion over a decade, with premiums rising about 10 percent annually in most ACA markets. Markets remain largely stable in most regions, despite broader repeal debate.
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Washington
Congressional Budget Office
Barack Obama
Donald Trump
Xi and Trump Hold First Meeting Signal New Starting Point
Chinese President Xi Jinping hails a new starting point for U.S.-China ties while Donald Trump says the two can solve world problems for years. Trump speaks of a great first meeting and a long dinner as talks turn to North Korea and trade.
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Washington
Trump
Cuba
Donald Trump
Obama
U.S
Treasury Department
State Department
Los Angeles
Uber
L.A
UberAir
Embraer
Bell Helicopter
Pipistrel
Aurora Flight Sciences
Mooney Aviation
Beijing
Xi Jinping
China
Nant
America
North Korea
Reuters
Great Hall of the People
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Virginia House Surprises Leave GOP Edge Narrowed in 2017
Election 2017 shows Republicans holding 66 of 100 seats before a Democratic wave felled at least 12 GOP incumbents and flipped three open seats. With four races unresolved a 50 50 split could trigger power sharing and a tense speakership fight. Recounts loom for Hugo and Yancey races as provisional ballots count.
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Virginia
House of Delegates
Del
Tim Hugo
Fairfax
David Yancey
Newport News
Shelly Simmonds
Senate Debates Tax Cut As House Pitches Pick-Em-Price Plan
The Senate weighs the framework of a tax cut bill as House committees push their version. Core issues include corporate taxes, state and local tax deductions, and the estate tax. The CBO projects the House plan would add 1.7 trillion to deficits over 10 years, with changes to SALT and property tax deductions. Senator Perdue hints at repealing SALT deductions. Schumer cautions lessons from state elections. Senator Collins questions full estate tax repeal amid ongoing talks.
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Senate
House of Representatives
House Tax Committee
Congressional Budget Office
House
David Perdue
California
New York
New Jersey
Chuck Schumer
Virginia
Susan Collins
Maine
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