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Futures News - WSJ.com: Politics And Policy
From today, December 18, 2017
- GOP Tax Bill Would Set Up Years of Challenges
The GOP?s historic tax overhaul might usher in a new period of instability in the tax code, because the plan is advancing without bipartisan support and with expiration dates that guarantee it will be revisited for years.
- Sen. John McCain Returns Home to Arizona
Sen. John McCain, who has been battling an aggressive form of brain cancer, has returned to Arizona and will likely miss a tax vote in the Senate this week, President Donald Trump said.
- Deduction Rollback Hurts High-Tax States, But Exodus Isn't Assured
A key provision in the Republican tax plan could dim the appeal of living in high-tax states like New York in favor of low-tax states like Florida. But research on the subject suggests high-tax regions won?t see a sudden or mass exodus.
- Congress Faces Crunch Time on Spending, Immigration
Congress begins its likely final week of 2017 with lawmakers from both parties forced to grapple with tough questions they have deferred all year, including immigration and the federal budget.
- Mueller Probe Faces New Challenges
A lawyer for the Trump transition team said Robert Mueller?s investigators improperly reviewed some emails from transition officials, an allegation that comes amid charges of bias by the special counsel?s probe.
- Putin Thanks Trump for Intelligence About Planned Terror Attack
Russian President Vladimir Putin thanked U.S. President Donald Trump by telephone for intelligence that the Kremlin said had helped prevent a series of terrorist bombings in St. Petersburg.
- Mnuchin Defends GOP Tax Bill, Predicts Swift Passage
Treasury Secretary Steven Mnuchin said he has ?no doubt? that the GOP will pass its tax bill this week as he and congressional Republicans defended the plan from criticism.
- Voters Increasingly Favor Democrats for Congress, New Poll Shows
Asked which party they prefer to lead Congress after next year?s midterms, 50% said the Democrats and 39% said Republicans, according to a Wall Street Journal/NBC News poll that offers caution signs for the Republican Party.
- Government Shifts Gears on Fannie Mae, Freddie Mac
Lawmakers in both parties and the Trump administration are negotiating overhauls of the two companies that could keep them at the center of the U.S. mortgage market for years to come, abandoning long-stalled proposals to wind them down.
- Women Wonder If Washington Will Finally Learn Its Lesson
The U.S. capital has been grappling with sexual misconduct for decades. Although it learned some lessons from the Anita Hill episode a quarter-century ago, they didn?t stick. But now women are stepping forward like never before.
- Sen.-Elect Jones on Calls for Trump Resignation: 'We Need to Move On'
Alabama?s new senator Doug Jones said he doesn?t support calls for Trump?s resignation over a renewed focus on the sexual misconduct allegations against the president, and said he hoped to work with Republicans on some issues.
- In Alabama, a Tale of Two Turnouts
A highly motivated Democratic voting bloc lifted Doug Jones to victory over Roy Moore.
- The Trump Revolution
The Year in Politics: Donald Trump promised to upend Washington. He has cut regulations, seated conservative judges and oversaw a tax revamp. But he also alienated GOP leaders, faces multiple investigations and has made the nation more polarized.
- Nevada Democrat Kihuen Won't Seek Re-Election Amid Sexual-Harassment Allegations
The freshman Congressman denied harassment occurred but said the allegations would distract from a re-election campaign.
- Trump Administration Sets New Rules on Visa-Free Travel to U.S.
The Trump administration is putting new requirements on the 38 nations whose citizens are allowed to travel to the U.S. without visas, including better screening for potential terrorists.
- Trump Job Cuts at Education Department Worry Civil-Rights Advocates
The Trump administration?s Education Department is cutting staff at its Office for Civil Rights. Critics say the move will blunt the office?s response to issues like sexual assault on college campuses and racial discrimination in public schools.
- Fewer People Than Last Year Expected to Sign Up for Affordable Care Act
The end of open enrollment under the Affordable Care Act Friday saw an uptick in people selecting health plans, but with a shorter window this year?s sign-ups are still expected to fall short of last year?s, an outcome that could further imperil the fragile individual insurance market.
- What the GOP Tax Plan Means for Business
A look at how the compromise GOP tax plan, which lawmakers released late Friday, would affect companies, including so-called pass-through businesses.
- Small Investors Rejoice After Lawmakers Cut Tax Provision
The final tax bill doesn?t include the Senate?s provision that would have raised taxes on certain stock sales by removing investors? ability to choose which shares they could sell to reduce a position.
- GOP Is Poised to Pass Sweeping Tax Overhaul
Republicans stood on the verge of delivering the most significant changes to the U.S. tax code in more than three decades, after a series of last-minute deals appeared to clear the last big obstacles to passage next week.
- How Sen. Marco Rubio Won a Concession on the GOP Tax Bill
The gamesmanship around a more generous tax credit for people with children provided a window into last-minute dealing as Republicans tried to win needed votes.
- What the GOP Tax Plan Means for You
A look at how the compromise GOP tax plan, which lawmakers released late Friday, would affect individual filers, including those with a pass-through business.
- Boeing, Airbus Sales Imperiled as Trump Administration Formulates Iran Plan
The Trump administration is advancing a strategy that could derail efforts by Boeing and Airbus to sell hundreds of jetliners to Iranian airlines, U.S. officials said.
- Deutsche Bank Was Asked for Information on Transactions Potentially Linked to Michael Flynn
Deutsche Bank has been asked by U.S. government authorities to hand over information about transactions that could be linked to former national security adviser Michael Flynn or entities connected to him, according to people familiar with the matter.
- Fight Over Surveillance Law Complicates Congress's Christmas Plans
The looming expiration of a key surveillance law has revealed deep divisions on Capitol Hill over the right way to bolster privacy protections for Americans caught up in U.S. spying.
- In a Divided Nation, Caity Cronkhite Thought She Knew Where She Belonged
She graduated from high school a year early to chase opportunity far from Kingman, Ind. A decade later, she started to see what she left behind.
- Is FTC Up to the Task of Internet Regulation?
The rollback of Obama-era internet rules added fuel to a debate about which part of the government is better positioned to ensure consumer protection in a fast-moving technology sector. The move restores authority over internet providers that the Federal Trade Commission had before the 2015 net-neutrality rules.
- U.S. Army Finds Flaws With Assault on Mosul
American military units that participated in the decisive battle for Mosul against the Islamic State were hampered by difficulties in sharing battlefield imagery and often had different understandings of what was happening on the battlefield, according to a new study.
- Mueller Sought Emails of Trump Campaign Data Firm
Special Counsel Robert Mueller asked Cambridge Analytica, a data firm that worked for President Donald Trump?s campaign, to turn over documents as part of its investigation into Russian interference in the 2016 U.S. election, according to people familiar with the matter.
- Senators Rubio and Corker to Support Republican Tax Plan
Republican senators Marco Rubio and Bob Corker said they planned to support the GOP tax plan, bolstering the chances of passage as party leaders planned to release final details of the plan later Friday.
- Trump Says He Won't Talk About a Flynn Pardon 'Yet'
President Trump said he wouldn?t ?yet? discuss whether he would pardon his former national security adviser and took another swing at federal investigators probing Russian interference in the 2016 election.
- Republican Farenthold to Leave Congress Over Harassment Claims
Texas Republican Blake Farenthold, facing numerous allegations of sexual harassment, is leaving Congress at the end of his term.
- Several GOP Senators Press for Late Changes in Tax Bill
Several Republican senators, including Marco Rubio, expressed last-minute doubts about the tax plan in Congress, possibly an attempt to strengthen their negotiating positions before final votes planned for next week.
- New U.S.-Backed Force Leads Terrorism Fight in Bangladesh
The botched terror attack in New York this week has created a fresh test for a new counterterrorism force tackling a growing U.S. concern: international extremism in Bangladesh, home of the suspect.
- U.S. Displays Weaponry It Says Proves Iran's Influence
The U.S. for the first time publicly displayed what officials said were Iranian-made missiles, drones and other weaponry as proof of Tehran?s growing military influence in the Middle East.
- Where the American Dream Is Slipping
A new WSJ/NBC News poll digs into the widespread pessimism among poorer and rural Americans.