Sahil Kapur is a national political reporter for Bloomberg Politics based in Washington, D.C. He can be reached at firstname.lastname@example.org or followed on Twitter at @sahilkapur.
House Ways and Means Chairman Kevin Brady said he’s open to repealing an Obamacare levy that affects top earners as part of a tax overhaul if efforts to repeal the 2010 health-care law fail.
House conservative leaders worry they’ll be forced to vote to advance a vehicle for a tax-code rewrite without knowing details of the plan, setting up a repeat of Congress’s troubled efforts on health-care legislation.
Republican Senator Ron Johnson accused Majority Leader Mitch McConnell of “a real breach of trust” by telling some Republicans privately that long-term cuts conservatives demanded to Medicaid provisions of the party’s embattled health-care bill are unlikely to ever take effect.
Senate Republicans dropped efforts to eliminate three Obamacare taxes on the wealthy in their latest health-care bill -- but the party may revive that push in a tax-overhaul plan later this year.
President Donald Trump’s proposed tax cuts would lower federal revenue by $7.8 trillion over a decade and mostly benefit the highest earners, according to a new study released Wednesday by the nonpartisan Tax Policy Center.
More than half a dozen Republican and Democratic senators have discussed alternatives to the embattled GOP health-care bill, even as Majority Leader Mitch McConnell said he plans a vote next week to muscle the Obamacare repeal measure through the Senate.
President Donald Trump’s top legislative aide said White House officials hope to have a unified plan for overhauling the U.S. tax code in place before Congress leaves Washington in August for a month-long recess -- adding a new element to an already complicated timeline.
Congress returns from its mid-summer break Monday for a crucial three-week stretch that will help determine whether President Donald Trump can deliver on his promise of a historic tax cut.
Senate Republican leaders are considering a proposal by Senator Ted Cruz that would allow insurers to sell cheaper, less robust plans as long as they also sell policies that meet coverage standards imposed by Obamacare.
An Obamacare fund that Republicans criticized as a "bailout" of insurance companies has resurfaced as a similar provision in the Senate GOP’s health-care plan -- though this time the objections are more muted.
Republican Senator Bob Corker said Thursday that he expects GOP leaders to scrap a provision in their health bill that would repeal a tax on investment income that affects high-income earners.
Congressional Republicans’ dash to undo Obamacare is about fulfilling a seven-year promise to voters. But it’s also about seizing what may be the party’s last chance to wipe out the 2010 law’s tax hikes on upper income earners.
A Republican senator is building support to change budget rules in order to make temporary tax cuts last for two decades or more, but he has yet to convince a critical figure -- House Speaker Paul Ryan.
The long-awaited Obamacare replacement plan from Senate Republicans wouldn’t do much to preserve coverage for millions of poor and working-class people, but it would deliver tax cuts to the wealthiest Americans.
House Republicans say they have proposed a way for the Senate to resolve a procedural dispute over a bill to impose sanctions on Russia and Iran, allowing the House to take up the measure passed by the Senate.
Senate Republican leaders will unveil a closely held plan to replace Obamacare on Thursday that includes a longer transition period than a House-passed bill, though there’s no indication they have enough support for it to pass in a vote that could come as early as next week.
House Republican leaders said Tuesday that the Senate has to amend a Russia and Iran sanctions bill it passed overwhelmingly before the House can take it up, prompting Democrats to accuse the GOP of delaying tactics.
Four days before the one-year anniversary of the release of his tax blueprint, House Speaker Paul Ryan delivered a pep talk seeking to assuage growing doubts about the prospects for a major tax overhaul.
House Speaker Paul Ryan said a tax overhaul must happen in 2017 to rebuild U.S. confidence and get the economy growing more robustly.
The condition of Steve Scalise, the third-ranking U.S. House Republican who was shot during a lawmakers’ baseball practice on June 14, was upgraded to serious by a Washington hospital after he underwent another surgery.
Steve Scalise, the third-ranking House Republican, remains in critical condition but has a chance for an “excellent recovery” after being shot on a baseball field in Virginia, said the chief trauma doctor at a Washington hospital.
A top Senate Republican threw his support behind a push to change congressional budget rules to relax time limits on tax cuts that increase the federal deficit.
Senator Marco Rubio has recruited Ivanka Trump to help promote his proposal for a new enhanced child tax credit.
House Ways and Means Chairman Kevin Brady on Tuesday floated a five-year phase-in for his controversial border-adjusted tax on domestic sales and imported goods as a way to ease its negative impact.
Republicans searching for consensus on how to pay for tax cuts are beginning to weigh attacking spending in potentially sensitive areas of the budget.
House Republicans are growing frustrated with the lack of any details about the Trump administration’s tax plan, as the slow pace leaves lawmakers in limbo in their negotiations over how to deliver on long promised tax cuts.
The House’s main tax-writing panel held its first hearing on how to overhaul the tax code Thursday, where Republican leaders continued to endorse far-reaching proposals that their Senate counterparts have rejected.
Republican leaders were still pitching their plans to overhaul the health-care system and tax code Wednesday, despite a steady stream of chaos from the White House. But markets weren’t buying it.
President Donald Trump claimed an “absolute right” to share information about terrorism with Russian officials, but some lawmakers in both parties expressed alarm over reports he had disclosed highly classified material in an Oval Office meeting last week and demanded a fuller accounting.
President Donald Trump is leaning toward preserving a trillion-dollar tax break for corporate borrowers -- a move that economists say could jeopardize his goal of robust economic growth.
Republican senators said it’s unclear whether their chamber will repeal all of the taxes imposed under Obamacare as they set aside the health-care bill passed by the House and prepare to write their own from scratch.
President Donald Trump faces many hurdles in delivering his promised tax cut, but none may be more formidable than the congressional calendar.
The Republican president of the United States said he’d be “honored” to meet with North Korea’s leader under the right conditions. That he thinks the country may need an economic “stimulus” package. Or possibly a gas-tax hike for better roads. Maybe even break up the big banks. And certainly a health care bill even more generous than Obamacare for people with pre-existing conditions.
President Donald Trump’s economic advisers pitched his new tax plan as a cut for the middle class and not the wealthy, but the opposite may be true. Tax policy experts say its current provisions would undoubtedly mean lower taxes for top earners, while the impact on middle incomes is less clear.
The House Ways and Means Committee plans to hold hearings in May on potential changes to the tax code, including on a border-adjusted tax, Chairman Kevin Brady said.
President Donald Trump’s pledge to repeal Obamacare ran into a Republican buzz saw. Now, his ambitious proposal to cut taxes is again encountering GOP opposition -- from lawmakers in Democratic-leaning states.
The conservative House Freedom Caucus that helped derail the GOP’s effort last month to repeal Obamacare has formally endorsed a revised measure, potentiality giving it a new lease on life.
President Donald Trump plans to propose a 10 percent tax on more than $2.6 trillion in earnings that U.S. companies have stockpiled offshore, said a White House official familiar with the president’s tax plans.
President Donald Trump’s plan to slash the corporate tax rate to 15 percent is setting up a showdown with House Speaker Paul Ryan, who has called for a tax plan to pay for itself.
President Donald Trump will call for cutting taxes for individuals and lowering the corporate rate to 15 percent to fulfill a promise he made during his campaign, according to a White House official.
Conservative activists and House Republican leaders want to eliminate a trillion-dollar tax break that mostly benefits wealthy filers in Democratic states, a push that could further imperil President Donald Trump’s hopes of winning bipartisan support for a tax overhaul.
Eight weeks ago President Donald Trump said he would be releasing a “phenomenal” tax plan within two or three weeks. But there’s no sign of a plan yet, and mixed signals from the White House are imperiling Republican promises of speedy action.
Senate Majority Whip John Cornyn said Thursday it’s uncertain whether Congress will offset the tax cuts that Republicans hope to deliver with new revenue, creating the chance that their tax-overhaul plan would be limited to 10 years.
House Republicans are considering making another run next week at passing the health-care bill they abruptly pulled from the floor in an embarrassing setback to their efforts to repeal Obamacare.
Donald Trump wants to start working with Democrats. He might start by picking up the phone.
Far-right Republicans who helped block House Speaker Paul Ryan’s goal of replacing Obamacare may also be in position to imperil his dreams of a comprehensive rewrite of the tax code.
Moments after their hopes of undoing Obamacare unraveled, President Donald Trump and top Republicans said in unison that they’re moving on to another ambitious goal -- overhauling the U.S. tax code.
The House is set to vote Friday afternoon on the troubled GOP health-care bill and leaders still don’t know whether they have the votes to pass it.
House GOP leaders aren’t confident they have enough votes to pass their embattled health-care bill, according to a senior congressional aide, and are already considering what to do if the measure is blocked before a do-or-die vote hours away.
House Republican leaders expect to vote Friday on their embattled health-care bill, moving on the legislation under pressure by Trump administration officials who voiced urgency during a closed-door meeting on the Capitol with conservative holdouts.
Top Republicans are warning their fellow party members that failing to repeal Obamacare could imperil the goal of a massive tax cut -- and perhaps more of President Donald Trump’s legislative agenda.
House Speaker Paul Ryan has told senior Republicans that he won’t change the main pillars of his plan to repeal and partially replace Obamacare, even as Republicans search for tweaks that can break their logjam over the legislation.
Republican leaders in Congress may scrap a provision in the House GOP’s Obamacare replacement bill that would require insurers to charge a 30 percent penalty to customers who go without coverage for at least 63 days.
New TV ads by Save My Care aim to kill the GOP’s replacement legislation for the Affordable Care Act, according to an adviser to the group. Ads go after Sens. Susan Collins, R-Maine; Lisa Murkowski, R-Alaska; Jeff Flake, R-Ariz.; Dean Heller, R-Nev.; Shelley Moore Capito, R-W.Va. Cost of ads in six figures, according to adviser Ads cite CBO score to warn that up to 24m people could lose coverage under Obamacare repeal, also cite opposition from AMA and seniors’ lobby AARP NOTE: Under current Sen
Ted Cruz is pushing a novel strategy to blow up Obamacare, but it just might blow up the Senate too.
Top Republican senators are signaling that they may not be able to complete a tax overhaul before August, even as House leaders and members of President Donald Trump’s administration say they’re committed to meeting that deadline.
Republicans in Congress have made cutting off funding to Planned Parenthood one of their top priorities, but the issue could stymie President Donald Trump’s Obamacare repeal plans and even trigger a government shutdown.
It’s Donald Trump’s party now, but activists at a gathering of conservatives outside Washington this week are still struggling over whether to fully embrace the president’s vision for what it means to be a Republican.
Ivanka Trump has urged lawmakers writing a tax overhaul to include a deduction for child care expenses, but with a price tag of as much as $500 billion over a decade she may have trouble finding support in Congress.
Susan Collins, Republican member of Senate Intelligence Cmte, says she’ll request Congress call on former National Security Adviser Michael Flynn to testify as part of panel’s probe of Russian meddling in U.S. elections. "We’re not going to exclude anyone from our review, and it will be thorough, accurate, bipartisan and in-depth," Collins tells Maine Public during interview Asked about potential subpoena of President Trump’s tax returns, Collins says, "I don’t know whether we will need to do th