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Senate to Avoid Offshore Tax That Ran Aground in House

Senate to Avoid Offshore Tax That Ran Aground in House

The Senate tax bill that’s due to be released Thursday won’t include an excise tax on certain payments U.S. multinationals make to overseas affiliates, according to a person familiar with the
Saudi Prince Discards Royal Balancing Act for One-Man Rule

Saudi Prince Discards Royal Balancing Act for One-Man Rule

Two weeks ago, Saudi Arabia’s powerful crown prince hosted some of the world’s leading investors at the palatial Ritz-Carlton hotel in Riyadh. Days later, he upended the country’s historical power
Trump Election Commission Sued by Democratic Member

Trump Election Commission Sued by Democratic Member

Matthew Dunlap, one of four remaining Democratic members of President Donald Trump’s election integrity commission, sued the panel’s top officials including Vice President Mike Pence and Kansas
Could Brexit Be Delayed to Give the U.K. Transition Wiggle Room?

Could Brexit Be Delayed to Give the U.K. Transition Wiggle Room?

European Union officials have started questioning whether the U.K. could remain a member of the EU beyond March 2019 as a smoother alternative to a transition deal.
House GOP to Keep a Tax Break for Businesses as Individuals Lose

House GOP to Keep a Tax Break for Businesses as Individuals Lose

Partnerships, limited liability companies and other businesses could keep using state and local tax deductions that would be repealed for individuals, the chairman of the House tax writing panel said
House Judiciary Chairman Bob Goodlatte Says He’s Retiring

House Judiciary Chairman Bob Goodlatte Says He’s Retiring

House Judiciary Chairman Bob Goodlatte, a Virginia Republican, said Thursday he won’t seek re-election next year.
Sen. Rob Portman on Senate Tax Proposal

Sen. Rob Portman on Senate Tax Proposal

Senator Rob Portman, a member of the Senate Finance Committee and a Republican from Ohio, discusses the Senate tax plan as the proposal gets released on Thursday. He speaks with Bloomberg's David
Obamacare Enrollment Starts Stronger Than 2016 in First Four Days

Obamacare Enrollment Starts Stronger Than 2016 in First Four Days

Americans signed up for Obamacare plans at a brisk pace early in this year’s open-enrollment period, despite repeated White House efforts to undermine the health law.
Pacific Nations Scramble to Save TPP After Trump’s Exit

Pacific Nations Scramble to Save TPP After Trump’s Exit

Pacific nations are scrambling to agree on how to salvage a blockbuster trade pact after days of talks in Vietnam, with Australia confident of an outcome but Canada warning it wants a good deal over a
Tax Group Corrects Its Growth Estimate for House Bill Downward

Tax Group Corrects Its Growth Estimate for House Bill Downward

The right-leaning Tax Foundation lowered its estimate for the boost to economic growth that it says would result from the House Republican tax bill.
Bannon Supports House's Carried Interest Tax Plan

Bannon Supports House's Carried Interest Tax Plan

House Republicans' proposal to make it harder for investment managers to benefit from the carried-interest tax break has gained the support for former White House political strategist Steve Bannon.
One Tax Loophole Untouched So Far: The Trump Golf-Course Break

One Tax Loophole Untouched So Far: The Trump Golf-Course Break

Republican lawmakers pushing to close dozens of tax loopholes have left open one that’s been good to President Donald Trump: the golf break.
Bannon Backs Limit to Carried Interest in House Tax Bill

Bannon Backs Limit to Carried Interest in House Tax Bill

Former White House political strategist Steve Bannon backs a House Republican proposal to preserve the carried-interest tax break for investment managers but add limits on its use, he said in a
Macron Says Tweeting Is ‘Not Compatible’ With Being President

Macron Says Tweeting Is ‘Not Compatible’ With Being President

Tweeting isn’t presidential, says France’s Emmanuel Macron.

Rand Paul’s Neighbor Pleads Not Guilty to Assaulting Lawmaker

A longtime neighbor accused of assaulting U.S. Sen. Rand Paul and breaking six of his ribs pleaded not guilty to assault in court in Bowling Green, Kentucky.
Ross-Linked Firm Expanded Ties to Russia's Sibur After Sanctions

Ross-Linked Firm Expanded Ties to Russia's Sibur After Sanctions

Navigator Holdings Ltd., the shipping firm part-owned by U.S. Commerce Secretary Wilbur Ross, doubled the number of contracts it had with Sibur Holding PJSC just months after the U.S. imposed
Saudis Urge Citizens to Leave Lebanon as Iran Tension Rises

Saudis Urge Citizens to Leave Lebanon as Iran Tension Rises

Saudi Arabia advised its nationals to leave Lebanon, further fueling fears of a heated confrontation with Iran in a country long known for being a battleground for proxy wars in the Middle East.
Ryan Backs Off Claim That ‘Everybody’ Would Get a Tax Cut in the GOP Plan

Ryan Backs Off Claim That ‘Everybody’ Would Get a Tax Cut in the GOP Plan

House Speaker Paul Ryan backed off his promise that everyone would get a tax cut in the GOP’s overhaul plan, as nonpartisan analyses showed that some people would pay more.
Abe Fell in Bunker During Golf Game With Trump, Japanese TV Station Says

Abe Fell in Bunker During Golf Game With Trump, Japanese TV Station Says

Trump apparently never noticed as he walked away, his back to the Japanese prime minister.

Brazilian Congressional Committee Votes to Ban All Abortions

A congressional committee has voted to make abortion illegal without exception in Brazil.