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Politics Paul Ryan

  • The tax picture in 2018 is still anybody's guess, but here's what you can do for 2017.

  • WASHINGTON— The White House has sent Congress a $44 billion disaster aid request that's already under attack from lawmakers from hurricane-hit regions as way too small. The request issued Friday, President Donald Trump's third since hurricanes Harvey, Irma and Maria slammed the Gulf Coast and Caribbean, would bring the total appropriated for disaster...

  • House Ways and Means Committee Chairman Rep. Kevin Brady (R-TX) is greeted by applause from (L-R) Rep. Kristi Noem (R-SD), House Majority Leader Rep. Kevin McCarthy (R-CA), and Speaker of the House Rep. Paul Ryan (R-WI) during an event at the Capitol to celebrate the passing of the tax reform bill November 16, 2017 in Washington, DC.

    Republicans will soon deliver a large tax-cut package to President Trump's desk; the problem is, most people hate it, Politico's Ben White says.

  • Sen. Orrin Hatch, R-Utah

    Now that the House has passed its tax overhaul, the Senate is moving forward with its bill. Here's how you'll be taxed.

  • President Donald Trump gestures to reporters after joining Broadcom CEO Hock Tan in announcing the repatriation of Tan's company headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House, in Washington, DC.

    President Donald Trump is displaying selective outrage over allegations of sexual harassment against men in politics, as his own tortured past lingers.

  • A measure passed the House of Representatives on Thursday, moving the action to the Senate, where the plan has already encountered resistance. Republicans control the Senate by a 52-48 margin, leaving little room for defections. Senator Ron Johnson of Wisconsin surprised colleagues on Wednesday by becoming the first Republican to announce opposition to the...

  • Thorny problems await in the Senate, though. But in the Senate, a similar measure received a politically awkward verdict from nonpartisan congressional analysts showing it would eventually produce higher taxes for low- and middle-income earners but deliver deep reductions for those better off. The Senate bill was approved late Thursday by the Finance...

  • WASHINGTON, Nov 16- U.S. House of Representatives Speaker Paul Ryan said on Thursday he wants to craft changes to a just-passed tax overhaul bill to provide "additional tax incentives" that would help Puerto Ricans recover from Hurricane Maria. In a statement following passage in the House of a major tax bill, Ryan said he would try to insert unspecified...

  • No decisive Senate action was expected until after next week's Thanksgiving holiday. The path forward for the tax plan in the Senate, where Republicans have a narrow majority, is fraught with political obstacles involving the federal deficit, healthcare and the distribution of tax benefits. Republicans can lose no more than two Senate votes.

  • Speaker Paul Ryan on tax reform: Passage is nothing short of extraordinary

    House Speaker Rep. Paul Ryan (R-Wisc.) speaks in the House of Representatives after the passage of their version of the Republican-backed tax reform bill.

  • WASHINGTON, Nov 16- The U.S. House of Representatives approved a package of tax cuts affecting businesses, individuals and families on Thursday, moving Republicans and President Donald Trump an important step closer to the biggest tax code overhaul in a generation. No decisive Senate action was expected until after next week's Thanksgiving holiday.

  • (L-R) House Majority Leader Kevin McCarthy (R-CA), Speaker of the House Paul Ryan (R-WI) and House Ways and Means Committee Chairman Kevin Brady (R-TX) applaud with their fellow House Republicans during a news conference following the passage of the Tax Cuts and Jobs Act in the Rayburn Room at the U.S. Capitol November 16, 2017 in Washington, DC.

    To pass the tax plan, House Republicans overcame opposition from several members who live in high-tax blue states.

  • WASHINGTON, Nov 16- The Republican-controlled U.S. Congress approached a major test on Thursday of its ability to enact sweeping tax cuts, as lawmakers prepared for their first full-scale vote on tax legislation. President Donald Trump met with Republicans from the House of Representatives at the U.S. Capitol and urged them to pass their bill to cut federal tax...

  • Nov 16- Wall Street's main indexes marched higher on Thursday, driven by gains in Wal-Mart and technology shares, while investors awaited a vote on the Republican tax bill. Wal-Mart surged as much as 9.10 percent to hit a record high of $98.01 after reporting U.S. same-store sales that beat expectations on hurricane-related purchases and soaring online sales.

  • Nov 16- The S&P 500 index recovered from its worst two-day fall since August on Thursday after Wal-Mart and Cisco shares soared on strong results. Wal-Mart surged 8.74 percent to hit a record high of $97.90 after reporting quarterly sales that beat expectations on hurricane-related purchases and soaring online sales. Good earnings and strong economic data...

  • HARTFORD, Conn.— For over a decade, Charles Crenshaw has been paying his ex-wife tens of thousands of dollars annually in alimony. The now-retired engineer is hoping to renegotiate the agreement for lower payments, but he's waiting first to see what comes of a tax reform proposal in Congress. The proposal remains in limbo, however, because it is not included in the...

  • U.S. House Speaker Paul Ryan told Fox News early on Thursday he was confident his chamber had the votes to pass their version of the plan. But Trump's tax reform hopes have begun to encounter resistance in the Senate, where the Republicans' narrow majority means they have to keep almost everyone in the party on board. The Senate version of the tax bill has faced...

  • Supporters listen as President-elect Donald Trump and Vice President-elect Mike Pence speak at U.S. Bank Arena on Dec. 1, 2016, in Cincinnati.

    President Trump's white working-class supporters don't gain much from the Republican tax cut push. They support it anyway.

  • The mostly party-line 227-205 vote masked more ominous problems in the Senate. The Senate bill was approved late Thursday by the Finance Committee and sent to the full Senate on a party-line 14-12 vote. Elimination of the so-called individual mandate would add an estimated $338 billion in revenue over 10 years that the Senate tax-writers used for other tax...

  • James Gorman being interviewed in Davos, Switzerland, January 21, 2016.

    U.S. corporate taxes within the 20 percent range would be a plus for the economy, said Morgan Stanley's James Gorman.