President Trump pushed past his first tumultuous 100 days in office by calling for action Sunday on three of his administration’s top priorities — North Korea, healthcare and tax reform — but gave mixed signals on each of them.
Trump described North Korea's mercurial leader Kim Jong Un as a “pretty smart cookie.” Undercutting a key campaign pledge, Trump suggested possible cuts to Medicare by curbing “abuses." And he declared that the top Democrat in the Senate, who has derided Trump’s tax proposal as a boon for the wealthy, was “making a fool of himself."
Vice President Mike Pence separately acknowledged on NBC’s “Meet the Press" that a sweeping White House proposal to slash individual and corporate tax rates would increase the national debt “maybe in the short term."
The sweeping tax overhaul plans from President Trump and House Republicans attempt to address an enduring mystery of the economic recovery: Why are U.S. businesses, flush with cash, so unwilling to spend it?
By investing more in factories, stores, equipment and new employees, companies could provide a sorely-needed boost to the lackluster U.S. economy.
But many business owners have been hesitant to open their wallets. They are wary of another downturn, and some sectors are struggling against low oil prices and a rising dollar that makes exports more expensive.
President Trump made a puzzling claim about Andrew Jackson and the Civil War in an interview.
Speaking to the Washington Examiner, Trump wondered why issues that triggered the war “could not have been worked out” in order to prevent the bloody conflict. Trump praised the accomplishments of Jackson, the populist president he has cited as a role model.
He made the puzzling claim that Jackson “was really angry that he saw what was happening in regard to the Civil War.” But Jackson died in 1845, and the Civil War didn't begin until 16 years later, in 1861.
Note, Aug 20: This article was published May 1. Sebastian Gorka currently serves as a deputy assistant to President Trump.
An adviser to President Trump will be leaving the White House.
A senior administration official says Sebastian Gorka, a former counterterrorism analyst for Fox News who joined the administration as a counterterrorism adviser, will be leaving the White House in the coming days.
Congressional negotiators have reached a bipartisan deal to fund the federal government through September, easing the threat of a shutdown but denying President Trump several key priorities — including money for his promised border wall with Mexico.
The estimated $1-trillion omnibus package would provide $12.5 billion in increased military funding, about half the amount Trump requested from Congress. An additional $2.5 billion for defense would be available if the administration submits a counter-terrorism strategy to fight Islamic State.
But the deal does not include the big cuts to domestic non-defense accounts that Trump had been seeking, and thus is something of an embarrassment to the White House.