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Trump says team working on tax cut for middle-income earners

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U.S. President Donald Trump said the administration was studying a tax cut for middle-income earners that could be rolled out some time around the beginning of November, just before pivotal congressional elections.

Trump mentioned the proposed tax cut in the same week the U.S. government ended the 2018 fiscal year with a $779 billion deficit, the Treasury Department said on Monday, as previous Republican-led tax cuts squeezed revenues. The deficit figure was the highest in six years.

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“We’re looking at putting in a very major tax cut for middle-income people,” Trump told reporters before boarding Air Force One following a rally in Elko, Nevada.

When asked about timing for the unveiling of the tax cuts, Trump said “sometime around the first of November, maybe a little before.”

Americans will vote Nov. 6 in elections in which Trump’s fellow Republicans will try to hold on to their majorities in the Senate and House of Representatives.

The median household income in the United States was about $55,000 in 2016, according to the U.S. Census Bureau.

In December, Trump signed into law the largest tax overhaul since the 1980s, which slashed the corporate rate from 35 percent to 21 percent and temporarily reduced the tax burden for most individuals as well.

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The administration is beginning to pull together plans for the president’s fiscal 2020 budget proposal, which Trump will present to Congress early next year.

Trump praises lawmaker who assaulted reporter

On Wednesday Trump told his Cabinet to come up with proposals to cut spending by their agencies by 5 percent but he suggested the military would be largely spared.

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Reporting by Jeff Mason in Elko, Nevada; Editing by Bill Trott


Report typos and corrections to: [email protected].
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Trump-loving pastor runs shady outreach program that literally gives black voters envelopes stuffed with cash

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Darrell Scott, a pastor from Cleveland who is a staunch ally of President Donald Trump, has been running a shady program to help win over black voters for the president that literally involves handing them envelopes stuffed with cash.

Politico reports that a Scott-run nonprofit organization called the Urban Revitalization Coalition has been holding events in black communities in which voters hear effusive praise about the president and then are given the opportunity to win cash prizes.

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Trump fan who claimed Yovanovitch surveillance introduced himself as DEA agent: report

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A Dutch superfan of President Donald Trump has been pretending to be a U.S. federal law enforcement officer and claimed to be starting up a tech surveillance company, according to newly revealed documents and interviews with associates.

Anthony de Caluwe first surfaced in the Ukraine saga after text messages released by House investigators showed him sending encrypted messages about former ambassador Marie Yovanovitch's movements in Kyiv, and NBC News has turned up new details about his shady past.

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Jim Jordan and Mark Meadows tutoring GOP senators on what to ask in Q&A phase of impeachment trial: report

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Congressmen Jim Jordan (R-OH) and Mark Meadows (R-NC), members of President Donald Trump's impeachment defense team, are reportedly coaching Republican senators ahead of the next portion of the Senate trial.

On Wednesday, the trial is expected to head into the question and answer phase. According CNN's Lauren Fox, Jordan and Meadows are helping to craft the questions that Republican senators will ask.

"Conservatives are starting to have a role in how conservative senators ask their questions," Fox explained. "There have been a couple of meetings between Mark Meadows and Jim Jordan, who are on the president's defense team, telling senators essentially, this is how you should go about the Q&A period."

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