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Politics Kevin Brady

  • WASHINGTON— Speaker Paul Ryan is expressing support for a popular bill that would hit Iran and Russia with sanctions amid Democratic criticism that House Republicans are stalling for time to weaken the penalties at the Trump administration's request. The sanctions measure was written by the Senate, where it passed last week on a 98-2 vote.

  • WASHINGTON, June 22- The top Republican on tax policy in the House of Representatives rejected the possibility of cutting taxes without fundamental changes to the U.S. tax code on Thursday, as the main actors in the tax reform debate prepared to meet for a fourth time. With the window for tax reform narrowing, lobbyists and analysts say Congress could abandon...

  • Rep. Brady: We don't have to settle for 2% economy

    Rep. Kevin Brady (R-Texas) talks about the Republican agenda on tax reform legislation.

  • WASHINGTON, June 20- Legislation to impose new sanctions on Russia and Iran that passed the U.S. Senate nearly unanimously last week has run into a procedural problem that could prevent a quick vote in the House of Representatives, lawmakers said on Tuesday. The Countering Iran's Destabilizing Activities Act, which also includes new sanctions against Russia,...

  • WASHINGTON, June 18- President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries. A decision on how to handle these in tax legislation could come before Congress leaves town for its one-week July 4...

  • WASHINGTON— A key part of House Republicans' plan to overhaul the way corporations pay taxes is on life support, leaving lawmakers scrambling to save one of President Donald Trump's biggest priorities and increasing the chances the GOP will simply pass a tax cut instead of overhauling the tax code. A proposed tax on imports is central to the GOP plan to lower the...

  • Rep. Mark Meadows

    Rep. Meadows called the border adjustment tax the "one stumbling block" keeping tax reform from moving forward in Congress.

  • WASHINGTON, June 9- The Trump administration and top Republicans in U.S. Congress are within a few weeks of agreeing on central aspects of a tax overhaul plan that will determine the contours of legislation now expected in September, an administration official told Reuters this week. But after 20 weeks in power and numerous distractions, he has yet to offer a tax...

  • Speaker of the House Paul Ryan, R-Wis., conducts a news conference after a meeting of the House Republican Conference in the Capitol on June 7, 2017. House Majority Leader Kevin McCarthy, R-Calif., and Rep. Mia Love, R-Utah., also appear.

    The Treasury secretary wants a "clean" bill by August. House Republicans aren't saying much of substance in response.

  • WASHINGTON, June 6- About 60 small business owners and a representative from retailer Big Lots will hold meetings with members of Congress this week in an effort to oppose a proposed' border adjustment tax', organizers said. The meetings, which will begin on Tuesday and conclude on Thursday, will include lawmakers and staff from several states including Arizona,...

  • Congressman Jeb Hensarling (R-TX).

    Tax reform can happen without Obamacare repeal first, says the House Financial Services chairman.

  • WASHINGTON, June 6- About 60 small business owners and a representative from retailer Big Lots will hold meetings with members of Congress this week in an effort to oppose a proposed' border adjustment tax', organizers said. The meetings, which will begin on Tuesday and conclude on Thursday, will include lawmakers and staff from several states including Arizona,...

  • House Ways and Means Committee Chairman Kevin Brady (R-Texas).

    House Ways and Means Chairman Kevin Brady told CNBC that Republicans are working to allay concerns about the border adjustment tax.

  • Shoppers carry bags while walking through the Scottsdale Quarter shopping mall in Scottsdale, Arizona.

    The industry commissioned a new study ahead of Capitol Hill hearing showing how much more consumers could have to pay.

  • House Ways and Means Committee Chairman Kevin Brady

    The House Ways and Means Committee holds a hearing on how tax reform will affect the economy and job creation in the United States.

  • WASHINGTON, May 9- A 20 percent import tax, backed by Republican leaders in the House of Representatives, is unlikely to win enough support from the Senate Finance Committee to be part of any Senate tax reform bill, the panel's Republican chairman said on Tuesday. The comment by Senator Orrin Hatch of Utah is the strongest sign yet of the daunting legislative...

  • President Donald Trump (C) turns to House Speaker Paul Ryan (3rdL) as he gathers with Congressional Republicans in the Rose Garden of the White House after the House of Representatives approved the American Healthcare Act, to repeal major parts of Obamacare and replace it with the Republican healthcare plan, in Washington, U.S., May 4, 2017.

    The Republican-controlled U.S. House of Representatives plans to turn to tax reform in earnest, after concluding a lengthy health-care debate.

  • An AT&T advance-line technician parks his service truck as he prepares to troubleshoot an aerial cable in Des Plaines, Illinois.

    "Lower taxes drives more investment, drives more hiring, drives greater wages," Randall Stephenson tells CNBC. "All of this fits together."

  • With financial markets eagerly anticipating a White House tax plan, Trump will also call for a sharp cut in the top rate on pass-through businesses, including many small business partnerships and sole proprietorships, to 15 percent from 39.6 percent, an administration official said. "We're driving this a little bit more," a senior White House official told a...

  • Trump intends for his blueprint, which will fall short of the kind of comprehensive tax reform that Republicans have long discussed, to be a guidepost for lawmakers in the U.S. House of Representatives and Senate. "We're driving this a little bit more," a senior White House official told a group of reporters late on Tuesday. Mnuchin has been leading the...