Trump reportedly plans to raise bottom tax rate to offset tax cuts for wealthy

With multiple failed attempts at repealing and replacing the Affordable Care Act, all eyes are on Republicans as they prepare to pass major tax reform measures that would effectively provide a hefty tax cut to the top tax bracket while lowering the corporate tax rate to around 20 percent from 35 percent.

As President Donald Trump prepares to announce his plan to “cut taxes tremendously for the middle-class” tomorrow, details about the tax reform plan, which was largely c...

Republicans concede their latest Trumpcare bill is dead

A hastily written health bill — with deep cuts to Medicaid and major hits to patient regulatory protections — ran into the same political problems as bills before it, and failed to garner enough support in the Senate.

Republicans announced Tuesday the party does not have the votes to pass their latest health care bill, known as the Graham-Cassidy bill, and will forgo a vote this week. Instead they will move on to tax reform, reaching for at least one legislative win befo...

Senate Republicans admit defeat in latest effort to repeal Affordable Care Act

Senate leaders admitted they did not have the votes to pass a bill, hours after Trump railed against ‘certain so-called Republicans’ for refusing to vote for it

The latest Republican attempt to repeal the Affordable Care Act died on Tuesday as Senate leaders admitted they did not have the votes to pass a bill which would rob millions of health insurance.

The admission of defeat came from Senate leader Mitch McConnell and the sponsors of the bill after party discussions over lunch on Capitol Hill left them in no doubt that their slim majority could not survive a revolt.

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Another ACA repeal bill is dead, but it was never about crafting policy

On Monday night, Sens. Bernie Sanders (I-VT), Amy Klobuchar (D-MN), Lindsay Graham (R-SC), and Bill Cassidy (R-LA) gathered for a CNN town hall debate over a health care bill spearheaded by Graham and Cassidy.

“This is a debate about who has the power, you or the federal government?” Cassidy said at one point. “I will tell you, if it’s a decision about you versus the federal government, we side with you…. Those who oppose us and those who want single-payer, they choose otherwise.”