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President Donald Trump couldn't get Obamacare repeal, an infrastructure plan or a border wall, but there's one big wish-list item he's succeeded in conjuring into reality: tax cuts.The greatest policy success of his first year in office was passing a landmark tax reform, something the Republican Party hadn't been able to do despite decades of trying.Now, with only two weeks left before voters go to the polls, he's promising middle-class voters another tax cut, with a plan coming before the midterms -- though his fellow Republicans in Congress, which is in recess through the election, have said they aren't aware of any such proposal already in the works.Speaking in the Oval Office on Tuesday, Trump said a "resolution" would be introduced in Congress next week outlining a "pure 10% tax cut" on top of what middle-class Americans received last year.His comments came a day after he promised at a rally in Texas that the top Republican tax-writer in Congress, House Ways and Means chair Kevin Brady, was already at work: "It's going to be put in next week. Ten percent tax cut. Kevin Brady is working on it. We have been working on it for a few months. That is in addition to the big tax cuts you have already gotten."Brady's office, after initially referring questions to the White House, said in a statement Tuesday that a plan is in development -- and suggested that it would be passed if the GOP can maintain control over both the House and Senate. "We will continue to work with the White House and Treasury over the coming weeks to develop an additional 10% tax cut focused specifically on middle-class families and workers, to be advanced as Republicans retain the House and Senate."So far, the White House has offered no concrete details on the fresh tax proposal or how it would be paid for amid a ballooning federal deficit as a result of last year's .5 trillion tax cut and a massive spending bill. Peter Navarro, one of the President's top trade advisers, told CNN chief business correspondent Christine Romans on Tuesday the White House is considering a proposal that would be "revenue neutral," adding a tax cut for the middle-class would be a "really good thing for this country."Trump's tax comments, starting over the weekend, sent Washington into a frenzy of trying to figure out what he was talking about.Aides on Capitol Hill scrambled to figure out what he meant -- and in the House, sent them scrambling to figure out if they could, or even needed to, draft something that would address what the President was promising. In the Senate, GOP officials said calls and e-mails were sent to their House counterparts for guidance this past weekend, only to find out there wasn't any -- nobody was sure what exactly the President was referencing.With both chambers still under Republican control, legislative proposals can move quickly if prioritized by leadership, including bypassing the committee process altogether. But there are currently no plans to do anything of the sort, the aides said -- primarily because nobody has pinned down what, exactly, the President wants."Your guess is as good as mine," said one senior House GOP aide. As to whether something could eventually happen? "I guess," the aide said. "But it's not like we don't have a lot on our plate after the election."The President's top economic adviser, Larry Kudlow, sought on Tuesday to temper expectations, suggesting a tax cut may not materialize for some time."It may not surface for a while," Kudlow told reporters in a driveway gaggle. "But that's his goal. That's his policy intent. I don't see anything wrong with that."Kudlow nevertheless stressed that Trump managed to get his first tax cut through, too, against expectations."Take him seriously when he comes out with these things," Kudlow said. "That's been his pattern for a long time. People should not underestimate that."The whole episode echoes almost note-for-note the origin of Trump's first tax bill, which originated with a promise by the president to unveil details of a historic tax overhaul plan in "one week" ahead of his 100-day mark in office.At the time, most people knew that staff at Treasury had yet to begin substantial work on anything. The 2017 tax reform was initially introduced as a one-page summary by Treasury Secretary Steven Mnuchin and then-National Economic Council Director Gary Cohn in a hasty April 2017 White House briefing room appearance -- but that document was written into the plan that ultimately passed Congress and landed on Trump's desk in December."Trump benefitted by a lot of work that was done already by the House GOP led by Kevin Brady and Paul Ryan," said Kyle Pomerleau, an economist at the Tax Foundation, a non-profit think tank in Washington. "I am not sure I can give this method credit. Tax reform had been on the minds of Hill staffers for a while by the time Trump announced the details were coming."The President's latest tax pitch appears strategically designed to rally Republican voters ahead of the midterm elections next month. GOP leaders have been increasingly frustrated that last year's tax cuts aren't resonating with Americans as much as they hoped.Messaging by Democrats that the administration's tax law was overly generous to the rich and big corporations appears to have won over public opinion, polls show."If the President had only talked about our actual tax cut for the last year, he wouldn't have to be proposing a fake one now and our members would be in far better shape," a senior Republican congressional aide told CNN late Monday night.Top administration officials have repeatedly tried to sell last year's tax cut as a lift for middle-class Americans' pocketbooks."You know, we've already given the middle class, with an income of ,000, you got about a ,000 tax hike, and you're going to get a wage increase," Council of Economic Advisers chairman Kevin Hassett said Tuesday in a call with reporters. "He's saying ... now, that after the election he's going to pursue giving people an additional 10% tax cut."But comments by Navarro in his CNN interview Tuesday underscored the sweep of the corporate elements in the package."For me, the beauty of the Trump tax cut was on the corporate side," said Navarro in an interview. "As somebody who watched with dismay over a decade have our jobs move off shore in part because of unfair trade practices but also in part because of a high corporate tax rate here, it was really great to get that corporate tax rate down to 21 percent."Trump has in recent days expressed his dissatisfaction that the fallout over dissident Saudi journalist Jamal Khashoggi's death has eclipsed his efforts on the campaign trail, multiple sources with knowledge of the situation told CNN.The tax idea surfaced publicly over the weekend, with Trump's initial comments on Saturday amplified by Treasury Secretary Steven Mnuchin in an interview with The New York Times in Israel. Mnuchin said he's been working on a tax plan with Brady that would be unveiled "shortly."He described the new initiative as "different" than a tax bill that that passed the House earlier in the September to make individual tax cuts permanent. They are currently set to expire in 2025.Tax policy analysts were left to surmise possible explanations of what the President meant, with the prevailing view being that Trump was referring to a 0 billion tax cut that would link capital gains taxes to inflation.Earlier this summer, Mnuchin said Treasury was looking into whether the agency could use its regulatory powers to make a unilateral change on capital gains, bypassing Congress.But Trump made clear on Monday, en route to the rally in Houston that he had no intention of bypassing Congress: "We're putting in a resolution sometime in the next week-and-a-half or two weeks." 7835
President Donald Trump has decided to nominate former attorney general William Barr to be the next permanent head of the Justice Department, the President told reporters Friday.Barr, a former attorney general under President George H.W. Bush, has been emerging this week as a consensus candidate to succeed Jeff Sessions as attorney general, two sources familiar with Trump's thinking told CNN on Thursday.Trump picked Matthew Whitaker to be acting attorney general after Sessions was fired last month.This story is breaking and will be updated.The-CNN-Wire 565
President Donald Trump on Thursday presented the Medal of Honor to Master Chief Special Warfare Operator Britt Slabinski, recalling the Navy SEAL's heroism in a 2002 combat mission during Operation Enduring Freedom in Afghanistan when his teammate was thrown out of a helicopter."Today we induct a new name into the world's most exclusive gathering of heroes," Trump said as he introduced Slabinski.Under Slabinski's leadership, the team returned to the enemy stronghold on a "steep, icy mountain" to rescue their teammate."Britt and his team didn't even hesitate for a moment ... they went back to that mountain ... they jumped out onto a furious onslaught of machine gun fire ... and charged uphill toward the enemy," Trump said.In the face of dangerous air fire and a "treacherous descent," Slabinski "tended to the wounded and coordinated their escape."Seven of the men who fought with Slabinski were in attendance Thursday, and Trump recognized each of them for their "unbelievable acts of bravery." He also named each of the men who gave their lives on the mountain that day and thanked their gold star families."These were incredible, incredible men and you can be proud that they were in your family, and they are looking down and are incredibly proud of you," he said. 1285
President Donald Trump has requested options for reducing the number of US troops in South Korea, The New York Times reported Thursday, citing several people briefed on the matter.The President's request of the Defense Department comes ahead of his highly anticipated sit-down with North Korean leader Kim Jong Un.North Korea and South Korea recently held their own historic summit, which included an agreement on holding talks over denuclearizing the Korean Peninsula and bringing a formal conclusion to the Korean War.If the peace talks continue among countries, it could decrease the need for a US presence in the region, the officials told The New York Times.When asked about the administration's current position on removing US troops from the Korean Peninsula, a source close to the White House told CNN that it is viewed as something that could possibly happen in the future but "not until long after the nukes are verifiably gone.""That is the position," the source said.The source, who is familiar with the administration's internal discussions, added that removing US troops is not something currently being considered as a bargaining chip but as a possibility should there be no need for them down the line.Chief Pentagon spokesperson Dana White said the department has "no information about any troop options being prepared for the President" on this issue.According to The New York Times report, the officials would not say if Trump was seeking options on a partial withdrawal or a full withdrawal, but said the latter was unlikely.CNN previously reported that South Korean President Moon Jae-in convinced Kim to hold the meeting with Trump at the demilitarized zone, according to a source.An official with deep knowledge of North Korea's thinking on the matter said there is a "strong possibility" the meeting will take place at the DMZ, with some events possibly scheduled on the northern side of the military demarcation line. 1970
President Donald Trump held a roundtable discussion in Dallas on Thursday, announcing that he plans on signing an executive order in the coming days to address police use of force and de-escalation. But the executive order will likely not fully satisfy those hoping to "Defund the Police."Trump’s announcement comes as a number of protesters are calling for a reduction in police funding, and to use funds for social and educational purposes, issues the president addressed during the roundtable.“We’ll encourage pilot programs that allow social workers to join certain law enforcement officers so that they work together,” Trump said.Trump also called for an expansion of school choice throughout the US, although such programs in the past have not received bipartisan support due to taking funds from public schools.“Access to education is the civil rights issue of our time,” Trump said.Expansion of school voucher programs has been part of Trump’s platform since the 2016 election, and one pushed by Education Secretary Betsy DeVos, who is a former charter school operator.But as far as reducing the size and scope of policing, it appears Trump will not give into those calls from protesters.Trump said he will “take care of our police” moving forward.“We’re not defunding police,” Trump said. “We’re going to go the other way.”A common call among protesters is to reduce the access to military-like equipment, but Trump said that he will give police the “best equipment.”Meanwhile, congressional Democrats are working toward a bill that would make it harder for local police forces to gain access to military-like vehicles as part of a sweeping police reform bill. The bill, however, does not go as far as proposing to defund the police. 1750