Rubio Defection Threatens GOP’s Slim Majority On Tax Bill

By STEPHEN OHLEMACHER and MARCY GORDON, Associated Press WASHINGTON (AP) — The Republicans’ razor-thin margin for driving their sweeping tax package through the Senate was thrown into jeopardy Thursday when GOP Sen. Marco Rubio declared he will vote against it unless negotiators expand the tax credit that low-income Americans can claim for their children. Rubio’s potential…

President Trump Celebrates Committee Passage Of Tax Plan

WASHINGTON (AP) — The White House is celebrating the Senate Budget Committee’s passage of the Republican tax plan, which will advance the sweeping tax package to the full Senate. Press secretary Sarah Huckabee Sanders said in a statement Tuesday that President Donald Trump is applauding the committee for “taking an important step toward passing historic tax…

President Trump Outlines Tax Plan

WASHINGTON (AP) — Dismissing concerns about ballooning federal deficits, President Donald Trump on Wednesday proposed dramatic tax cuts for U.S. businesses and individuals — outlining an overhaul his administration promises will spur economic growth and simplify America’s tangle of tax code rules. His proposal, a one-page sketch short on detail, would reduce the top corporate…