Tax Code

Trump Heads to Capitol Hill Tuesday Looking for a Legislative Win

Trump Plays to His Base Ahead of Obamacare, Tax Reform Showdowns

President Pivots Toward Democrats on Tax Bill — But It’s a Longshot

Obama Riposte to Trump: ‘America Is Great Right Now’

President Barack Obama didn’t call out Donald Trump by name, but took aim at the slogan on his hat.

“America is great right now,” the president told CEOs at the Business Roundtable Wednesday morning. That’s a riposte to Trump’s Make America Great Again slogan. Obama said there are things that can be done to make America even better.

McConnell Quiet on Length of Highway Bill

“There’s bipartisan enthusiasm for a multi-year highway bill,” McConnell said. "We’ve had some conversations inside our conference about a way to pay for that and I’ve also had conversations with prominent Democrats who are involved in this issue and we’re hoping to be able to come together behind some way to get a multi-year highway bill. I’m fairly optimistic that we can do that."

McConnell 'Skeptical' of Tax Overhaul Paying for Highway Bill

Reacting to an international tax-code overhaul proposed earlier Wednesday by Sens. Charles E. Schumer and Rob Portman, Majority Leader Mitch McConnell said he is “skeptical” of using part of an overhaul to pay for a long-term highway bill while emphasizing there would not be a gas tax increase.

"The best way to deal with the tax code in my view is comprehensive, an entire scrub — that’s what [Ronald] Reagan and Tip O’Neill did on a bipartisan basis some 30 years ago,” McConnell said. “We obviously can’t do that in two weeks, and even some component, some subset of that, that might be included in a larger comprehensive bill, is pretty hard to put together to meet the time constraints that we have on the highway bill."