House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There is a giant mismatch between what Americans want from government and what they’ll pay for with taxes.
Los republicanos de la cámara baja, que ahora están deliberando sobre el presupuesto de 2018, prometen eliminar los déficits en una década. Bien, buena suerte con eso. Debe ser obvio que los déficits crónicos reflejan un impasse político básico que puede ser interrumpido solo si las mayorías del Congreso hacen lo que se han negado a hacer: recortar los beneficios de seguridad social; aumentar los impuestos significativamente; controlar los gastos de salud. Hay una gran discordancia entre lo que los estadounidenses quieren del gobierno y lo que están dispuestos a pagar en impuestos.
The United States has made clear its position for a renegotiation of the North American Free Trade Agreement, trying to prevent a foreign exchange manipulation.
A report by the CBO, an independent government agency says the Senate Republican health-care bill would result in 22 million people losing their insurance over the next decade. That’s little improvement over the unpopular House version, though the bill’s deep spending cuts would reduce the deficit by $321 billion in the same period.
The Trump administration is determined to renegotiate the North American Free Trade Agreement (NAFTA) -- which created a single market from Mexico’s southern border to the Yukon -- but the main political appeal of this policy rests on a popular myth: that “fair” trade requires the United States to have a surplus or balanced trade with both Mexico and Canada.
Tucked down in some news coverage about the recent death of Manuel Noriega, the former dictator of Panama, were accounts of the 1989 U.S. invasion of that Central American country to arrest Noriega, a longtime CIA asset turned collaborator with mega drug dealers.
The healthcare reform proposed by President Donald Trump to "repeal and replace" ObamaCare, and which was narrowly approved by the Republican-controlled House of Representatives, would leave 23 million people without healthcare coverage over the next decade, the Congressional Budget Office said Wednesday.
The small southern Chinese city of Zunyi, an emblematic place where Mao Zedong took the reins of the Communist Party, is now a pioneer in implementing a new system of land distribution that has transformed the tea industry, an economic engine of this area.
Treasury Secretary Steven Mnuchin on Wednesday outlined President Donald Trump"s tax overhaul plan, which calls for slashing the corporate tax rate from 35 percent to 15 percent. Critics immediately called it “basically a huge tax cut for the rich”.
17 schools in Philadelphia at risk for losing state grant according to City Controller.