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President Donald Trump once again referred to Massachusetts Senator Elizabeth Warren as “Pocahontas,” this time before a crowd at a convention for the National Rifle Association. “Only one candidate in the general election came to speak to you and that candidate is now the president of the United States standing before you again,” he said at Friday’s address, as he became the first sitting president in more than three decades to speak before the NRA. “I have...
The winding down of President Donald Trump’s first 100 days in office, a milestone he will reach on Saturday, has provided an occasion for observers to dissect how his presidency compares to past administrations so far. Though the history of his own administration is just beginning to be written, the President — though he has said that he does not read a lot of history books — has frequently turned to just that type of historical comparison, too. Here’s a sampling from...
At 44%, Trump’s approval ratings at the 100-days mark are the lowest of any newly-elected President on record, according to a recent survey. Nevertheless, Trump supporters remain firmly planted behind their man. At least those are the indications of a University of Virginia Center of Politics poll released Thursday, which show that 93% of Trump voters surveyed approve of the job he is doing compared to only 7% who do not, Politico reports. Those results — which have a margin of err...
Despite the hype, the death of the so-called death tax isn’t that big of a deal for the U.S. government. The repeal of the estate tax, which is one of the main provisions of the reform plan President Trump's administration is pushing, would certainly provide a big measure of relief for those who are rich enough for it to apply to. But for all the hype that the tax and its potential repeal have generated, its scope is overblown. The federal tax exemption for 2017 is $5.49 million, meaning t...
(WASHINGTON) — The senior U.S. Navy officer overseeing military operations in the Pacific said Thursday that the crisis with North Korea is at the worst point he’s ever seen, but he declined to compare the situation to the Cuban missile crisis decades ago. “It’s real,” Adm. Harry Harris Jr., commander of U.S. Pacific Command, said during testimony before the Senate Armed Services Committee. Harris said he has no doubt that North Korean leader Kim Jong Un intends t...
As President Donald Trump approached his 100th day in office, TIME History asked a variety of experts to weigh in on a single question: What will historians of the future say about President Trump’s first 100 days? Despite acknowledging that the question is impossible to answer with any certainty, they drew on the lessons of the past to hazard a guess as to which of Trump’s actions thus far will make it into the history books — and how they will be interpreted with the added ...
As President Donald Trump nears his 100th day in office — it falls this Saturday — pundits and voters alike are closely scrutinizing the early days of his term. Generations of presidents have faced the same treatment before him, but why? The concept of grading the president’s first 100 days was born of the Great Depression, when Franklin Delano Roosevelt knew just what he’d have to do to win the White House. Running for the White House in 1932, as the U.S. economy suffe...
(WASHINGTON) — President Donald Trump “has no intention” of releasing his tax returns to the public, Treasury Secretary Steve Mnuchin said Wednesday, asserting Americans have “plenty of information” about the president’s financial matters. For decades, presidents have released their tax returns. But Trump has so far refused, saying that he would share the tax documents only after the Internal Revenue Service completes an “audit” of them. He’...
(WASHINGTON) — President Donald Trump wants to simplify the personal tax code by cutting rates and eliminating deductions used by more affluent Americans. White House economic adviser Gary Cohn says the plan would cut the top income tax rate from 39.6 percent to 35 percent. It also would reduce the number of personal income tax brackets to three from seven. The new tax rates would be 10 percent, 25 percent and 35 percent. The plan would double the standard deduction for married couples to...
(WASHINGTON) — A draft executive order to withdraw the United States from the North American Free Trade Agreement is under consideration, a senior Trump administration official said on Wednesday, confirming an earlier report from Politico. It was unclear whether the order would be enacted by President Donald Trump, who has vowed to pull out from NAFTA — a U.S., Mexico and Canada trade pact — if he cannot win better terms for America. Trump has accused Mexico of destroying U.S....
(WASHINGTON) — Congressional negotiators on Tuesday inched toward a potential agreement on a catchall spending bill that would deny President Donald Trump’s request for immediate funding to construct a wall along the Mexico border. The emerging measure would increase the defense budget and eliminate the threat of a government shutdown on Trump’s 100th day in office this Saturday. Top Senate Democrat Chuck Schumer said Republican negotiators were following the lead of Trump, w...
(WASHINGTON) — The Senate on Monday confirmed former Georgia Gov. Sonny Perdue to be agriculture secretary in President Donald Trump’s administration as the farming industry looks to Washington for help amid a downturn in the market. Perdue won confirmation on a strong bipartisan vote of 87-11, as several Democrats backed a Trump nominee after razor-thin outcomes for his choices earlier this year. Perdue’s cousin, Sen. David Perdue, R-Ga., voted “present” but pres...
Work behind the scenes suggests that an executive order on cybersecurity could be signed by the end of the week
(WASHINGTON) — President Donald Trump is recalling the death and suffering of more than 1 million Armenians during the final years of the Ottoman Empire, without describing it as genocide. Such a declaration would anger Turkey, whose cooperation Trump seeks in Syria. Trump says in a statement that the World War I-era killing of Armenians represents one of the 20th century’s worst mass atrocities, and a “dark chapter” in history. He adds that remembering will “prev...
(WASHINGTON) — Nikki Haley, the U.S. ambassador to the United Nations, isn’t ruling out a U.S. strike against North Korea if Pyongyang tests another nuclear device. In several television interviews Monday, Haley praised China’s involvement in trying to pressure North Korea to cease missile testing and criticized its leader, Kim Jong Un, as unstable and paranoid. Haley told NBC’s “Today Show” that “we are not going to do something unless he gives us rea...
In another break with precedent, President Trump is not only declining to attend the White House Correspondents’ Dinner, he won’t even be in the nation’s Capitol while it’s taking place. Trump announced Saturday he will be holding a rally in Harrisburg, Pennsylvania to mark the first 100 days of his presidency on April 29. “Next Saturday night I will be holding a BIG rally in Pennsylvania. Look forward to it!” Trump tweeted. Next Saturday night I will be ...
(WASHINGTON) — President Donald Trump says businesses and individuals will receive a “massive tax cut” under a tax reform package he plans to unveil next week. In an interview with The Associated Press, Trump says the plan will result in tax cuts for both individuals and businesses. He would not provide details of the plan, saying only that the tax cuts will be “bigger I believe than any tax cut ever.” The president says the package will be released on “Wedne...
Shares of major steel manufactures are jumping since President Donald Trump officially ordered an investigation on Thursday that looks into the impact steel imports have on national security. The probe could give him the authority to ban imports from any country in the world, which would serve to raise the price of the metal since its supply would be cut. Steel Dynamics is up more than 7% since the close of trading Wednesday, while United States Steel is up 6% and AK Steel Holding is just behind...
And so it begins. As investors and the general public alike grow anxious for the tax cuts President Donald Trump promised on the campaign trail, the one-time businessman is making a move. The President is expected to issue a series of executive actions Friday. According to a White House official Thursday, one order will call for Treasury Secretary Steven Mnuchin to review his departments tax regulations in a bid to start lowering taxes. Another two memoranda will call for an examination of porti...
Amid massive protests, civil unrest, and financial collapse, the government in Venezuela donated $500,000 to President Donald Trump's inauguration fund. The money was given to the Trump inauguration by Citgo Petroleum, a United States-based subsidiary of Venezuela's state oil company, according to a report from the U.S. Federal Election Commission. The donation came in December amid food and medicine shortages and a suffering economy in Venezuela. The new findings come after thousands of protes...