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Business Kevin McCarthy

  • WASHINGTON, July 14- A bill that many lawmakers hoped would send a message to President Donald Trump to keep a strong line against Russia hit a new snag in the U.S. House of Representatives on Friday, as Republicans proposed combining it with sanctions on North Korea. The Russia sanctions bill passed the Senate on June 15 by 98-2, but it has not come up for a vote in the...

  • President Donald Trump talks with Tesla and SpaceX CEO Elon Musk at Trump Tower last February.

    Some of Silicon Valley's most prominent execs have already started donating to both parties ahead of the 2018 midterms, Recode reports.

  • Democratic candidate Jon Ossoff and and his fiancee, Alisha Kramer, exit after he gave a concession speech speak during his election night party being held at the Westin Atlanta Perimeter North Hotel after returns show him losing the race for Georgia's 6th Congressional District on June 20, 2017 in Atlanta, Georgia.

    Kevin McCarthy's comment comes after Republican Karen Handel won Georgia's special election against Democrat Jon Ossoff.

  • Rep. McCarthy: Tax reform will bring growth back to America

    House Majority Leader Kevin McCarthy (R-Calif.) talks about working through health-care reform to get to tax reform. Also Speaker McCarthy weighs in on a border adjustment tax and tax parity among states.

  • 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.

  • In a White House meeting, Trump welcomed indications by senior Republicans that the Senate might vote on a healthcare bill in July, before it breaks for the summer, after the House of Representatives passed its own version in May. The gathering included Senate Majority Leader Mitch McConnell, and his No. 2, Senator John Cornyn, along with House Speaker Paul Ryan...

  • In a White House meeting, Trump welcomed indications by senior Republicans that the Senate might vote on a healthcare bill in July, before it breaks for the summer, after the House of Representatives passed its own version in May. The gathering included Senate Majority Leader Mitch McConnell, and his No. 2, Senator John Cornyn, along with House Speaker Paul Ryan...

  • In a White House meeting, Trump welcomed indications by senior Republicans that the Senate might vote on a healthcare bill in July, before it breaks for the summer. The gathering included Senate Majority Leader Mitch McConnell, his No. 2, Senator John Cornyn along with House Speaker Paul Ryan and his deputies, Representatives Kevin McCarthy and Steve Scalise.

  • The biggest savings would come from cuts to the Medicaid healthcare program for the poor, which are embedded in a Republican healthcare bill passed by the House of Representatives. Trump wants lawmakers to cut at least $610 billion from Medicaid and more than $192 billion from food stamps over a decade. The White House said its proposed tax cuts would help fuel...

  • Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the role of government: a budget with radical cuts to government assistance to lower-income Americans. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the kind of budget he seeks: one with radical cuts to government assistance to lower-income Americans. The Pentagon would get a spending hike, and there would be a $1.6 billion down payment to begin building a wall along the border with Mexico, which was a central...

  • The Pentagon would get a spending hike, and there would be a $1.6 billion down payment to begin building a wall along the border with Mexico, which was a central promise of Trump's presidential campaign. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • The proposal in its current form is unlikely to be approved by lawmakers as they craft their own tax and spending plans but the document sets out Trump's budget priorities and lays down a marker with Congress. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid healthcare program for the poor and more than $192...

  • WH budget makes investment into the military: Rep. McCarthy

    Rep. Kevin McCarthy (R-Calif.) talks about the White House 2018 budget proposal, and the importance of reforming entitlement programs.

  • President Donald Trump congratulates House Speaker Paul Ryan (L) 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.

    After taking the first step to replace Obamacare on Thursday, top Republican congressmen aimed to cast their move as a victory for Americans.

  • WASHINGTON, May 4- The U.S. House of Representatives approved a bill on Thursday to repeal major parts of Obamacare and replace it with a Republican healthcare plan, handing President Donald Trump his biggest legislative victory but setting up a tough fight in the Senate. With the 217-213 vote, Republicans obtained just enough support to push the legislation...

  • *Asia stocks lower, after subdued Wall Street, Europe performance. *U.S. House expected to vote on Obamacare repeal bill on Thursday. SINGAPORE, May 4- Asian stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve's hawkish policy statement.

  • WASHINGTON, May 3- President Donald Trump's effort to roll back Obamacare gained momentum on Wednesday as Republican leaders scheduled a vote in the House of Representatives on Thursday on newly revised legislation. Even if a narrow majority in the House approves the bill, it still faces a steep climb in the Senate, where only a few defections could kill the...

  • WASHINGTON, May 3- President Donald Trump's effort to roll back Obamacare gained momentum on Wednesday as Republican leaders scheduled a vote in the House of Representatives on Thursday on a fresh version of legislation. The legislation's prospects brightened further after members of the Freedom Caucus, a faction of conservative lawmakers in the House who...