Bloomberg Politics: news on page 606

Yellen Says Tax Changes Likely to Provide ‘Some Lift’ to Economy

Yellen Says Tax Changes Likely to Provide ‘Some Lift’ to Economy

Federal Reserve Chair Janet Yellen said tax legislation making its way through Congress would likely help propel economic growth.
Bernie Sanders Tells Trump to Keep His Promise on Nafta

Bernie Sanders Tells Trump to Keep His Promise on Nafta

President Donald Trump is finding an unlikely ally in his efforts to overhaul the North American Free Trade Agreement: the political left.
Strategist Feehery Says GOP Botched Alabama Election

Strategist Feehery Says GOP Botched Alabama Election

John Feehery, EFB Strategy partner, discusses the outcome of the special election in Alabama with Bloomberg's Julie Hyman and David Westin on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
GOP Tax Compromise Would Repeal Obamacare’s Individual Mandate

GOP Tax Compromise Would Repeal Obamacare’s Individual Mandate

Republican lawmakers will overturn a key piece of the Affordable Care Act in their tax overhaul, a victory in a long GOP campaign against the health law.
Tentative Tax Deal Scraps Hit on Tuition for Graduate Students

Tentative Tax Deal Scraps Hit on Tuition for Graduate Students

A provision to treat graduate school tuition waivers as taxable income won’t be in the final House-Senate tax package, according to Republican Senator Steve Daines of Montana and one other person
May Returns to Brussels After Brexit Defeat by Her Own Party

May Returns to Brussels After Brexit Defeat by Her Own Party

U.K. Prime Minister Theresa May is headed to a European summit that was set to approve the breakthrough victory in Brexit talks she celebrated last week. Instead, she arrives after a serious defeat at
Trump Says 'Very, Very Close' to 'Historic' Tax Deal

Trump Says 'Very, Very Close' to 'Historic' Tax Deal

Senate and House negotiators are very close to a deal on compromise legislation to overhaul the nation’s tax code, President Donald Trump said. (Source: Bloomberg)
UN’s North Korea Envoy Deeply Worried After Trip, Diplomat Says

UN’s North Korea Envoy Deeply Worried After Trip, Diplomat Says

The United Nations envoy to North Korea returned from that country deeply worried about the prospects for bringing an end to Kim Jong Un’s nuclear weapons program, according to a European member of
What Roy Moore's Loss Means for Democrats

What Roy Moore's Loss Means for Democrats

Tom Perez, chairman of the Democratic National Committee, discusses the results of Alabama's special election with Bloomberg's David Westin and Julie Hyman on "Bloomberg Markets: Balance of Power."
Rep. Blackburn Calls Net Neutrality Vote a Positive Step

Rep. Blackburn Calls Net Neutrality Vote a Positive Step

Rep. Marsha Blackburn, a Tennessee Republican, discusses the FCC's vote on net neutrality with Bloomberg's David Westin and Julie Hyman on "Bloomberg Markets: Balance of Power." (Source: Bloomberg)
House Republicans Propose Delays for Obamacare Health Taxes

House Republicans Propose Delays for Obamacare Health Taxes

After failing this year to repeal and replace Obamacare, House Republicans are angling to put taxes that are part of the health law on hold.
EU Draws Brexit Battle Lines for Banks

EU Draws Brexit Battle Lines for Banks

The U.K.’s breakthrough deal to get Brexit talks moving on to the future trading relationship may be short-lived.
Alabama Win Gives Democrats More Leverage on Budget, Immigration

Alabama Win Gives Democrats More Leverage on Budget, Immigration

Senate Democrats gained significant new leverage to stymie the Republican agenda and make demands on spending and immigration in Congress next year after Tuesday’s upset victory by their candidate,
Tax Compromise Keeps Wind and Electric-Car Credits, Source Says

Tax Compromise Keeps Wind and Electric-Car Credits, Source Says

House and Senate negotiators have agreed to spare the electric-vehicle tax credit and wind production tax credit in their compromise package, according to a Republican familiar with the process.
It's the U.K. Parliament vs. Facebook on Russia Meddling

It's the U.K. Parliament vs. Facebook on Russia Meddling

Facebook Inc. tried to dismiss concerns of Russian meddling in the Brexit vote. But the chairman of an important committee in Parliament begs to differ and is escalating the fight in the U.K.
Mining Mogul Murray Gets Coal in His Stocking—and Wants More

Mining Mogul Murray Gets Coal in His Stocking—and Wants More

More than a year after his election, President Donald Trump hasn’t disappointed him.
Angola to Offer Grace Period to Recover Overseas Funds

Angola to Offer Grace Period to Recover Overseas Funds

Angola will set a moratorium in January to allow citizens with money abroad to repatriate their funds, as the oil-producing country struggles to ease an acute dollar shortage that began soon after oil
Trump Promises ‘Giant Tax Cut’ and Money in Pockets by February

Trump Promises ‘Giant Tax Cut’ and Money in Pockets by February

President Donald Trump promised everyday Americans a “giant tax cut for Christmas” in a speech that the White House billed as his closing argument for a tax overhaul that congressional Republicans
Minnesota Lt. Gov. Tina Smith to Replace Sen. Al Franken

Minnesota Lt. Gov. Tina Smith to Replace Sen. Al Franken

Lieutenant Governor Tina Smith discusses her appointment by Minnesota Governor Mark Dayton to fill the U.S. Senate seat of Democrat Al Franken when he formally resigns amid sexual harassment
House, Senate Said to Reach Tentative Tax Deal

House, Senate Said to Reach Tentative Tax Deal

Lawmakers have reached a tentative compromise on a tax overhaul as time runs short for legislation to be passed before the end of the year and the seating of Alabama Senator Elect, Democrat Doug
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