Trump on tax reform
President Trump spoke to a crowd in Indianapolis on tax reform. He called for reducing corporate tax rates and said the biggest winners would be middle-class Americans. Watch his full remarks here.
President Trump spoke to a crowd in Indianapolis on tax reform. He called for reducing corporate tax rates and said the biggest winners would be middle-class Americans. Watch his full remarks here.
President Trump announced details of his tax plan Wednesday, calling for the corporate tax rate to be cut from 35% to 20% and for the number of individual tax brackets to be reduced from seven to three. Ken Kies from the Federal Policy Group joins CBSN to discuss the potential impact.
With health care dead, the administration is focusing on cutting taxes
The Trump administration is rolling out its plan to slash the corporate tax rate from 35% to 20%. President of the Committee for a Responsible Federal Budget Maya MacGuineas joins CBSN to break down her concerns about how the government will offset the cuts.
Framework leaves many of the finer details to House and Senate committees
The president said the people of Puerto Rico are "important to all of us"
Republican lawmakers are expected to unveil a tax reform plan, but many of the details are still under wraps. On Tuesday JPMorgan Chase CEO Jamie Dimon and IBM CEO Ginni Rometty sat down with "CBS This Morning" co-host Norah O'Donnell to talk tax reform, accelerating economic growth and solving DACA. Dimon also explains his comment earlier this year that being an American is "almost an embarrassment."
Republican Sens. Bob Corker and Pat Toomey agreed to a tax cut outline that would add $1.5 trillion to the debt over 10 years. They believe economic growth would offset the red ink. "CBS This Morning" co-host Norah O'Donnell spoke to two of the country's top CEOs, Jamie Dimon of JPMorgan Chase and IBM's Ginni Rometty, about tax reform.
Party leaders are keeping a tight wrap on the plan, to be revealed soon -- meantime, here's what's on experts' minds
President Trump is meeting with a bipartisan group of lawmakers Wednesday as the White House pushes for progress on tax reform. CBS News Radio's Steven Portnoy joins CBSN from the White House with details.
The bipartisan outreach on taxes and spending could yield nothing -- but it's already a change from the GOP's previous go-it-alone approach
President Trump says tax reform is "needed more than ever" given the devastation left by Hurricanes Irma and Harvey, and he's urging Congress to act fast. McClatchy White House correspondent Anita Kumar joins CBSN to discuss the challenges that lie ahead.
Ryan called the plan the "beginning of the process" to give middle class families a necessary break
President Trump bypassed Republicans for a deal on the debt ceiling, and now he's engaged in bipartisan talks on tax reform. Dana Milbank, syndicated columnist for the Washington Post, joins CBSN to break it all down.
The West Virginia Democrat says the administration is "very aggressive" on achieving tax reform
Underscoring the president's desire for tax legislation, Trump hosted a bipartisan group of senators for dinner at the White House, including a trio of Democrats
President Trump will host 6 senators for a bipartisan dinner at the White House this evening as he tries to build support for tax reform. Chief Washington correspondent at Politico, Edward-Isaac Dovere, joins CBSN to discuss.
The president may need Democrats as he tries to move ahead with this signature GOP issue
GOP leadership is set to meet with Mnuchin and Cohn to formulate concrete plans for tax reform
The American Action Network launched a $2.5 million television ad campaign highlighting the need for tax reform
The president blasted members of his own party on Twitter for not passing a plan to repeal and replace Obamacare after campaigning on that promise for seven years
President Trump laid out his plan for tax reform Wednesday in Mandan, North Dakota. Mr. Trump said the current tax code is a self-inflicted wound and that his administration was reducing the burdens of business. Watch a portion of Mr. Trump's speech.
"If the fight is fair, no one on Earth can beat the American worker or the American company," Mr. Trump said Wednesday
President heading there to sell the tax overhaul
Press Secretary Sarah Huckabee Sanders says the White House will make an announcement Tuesday on whether the president plans to end the DACA program. The program protects over 800,000 immigrants who came to the country illegally as children. See the full White House press briefing.
The Palisades, Eaton, Hurst and Lidia fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
The U.S. had filed an appeal to stop plea proceedings for alleged 9/11 architect Khalid Sheikh Mohammed and two others from moving forward Friday in the war court in Guantanamo Bay.
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."
President Biden honored former President Jimmy Carter in a eulogy at his funeral.
Ohio Gov. Mike DeWine will appoint Vice President-elect JD Vance's replacement.
Thousands of doctors are calling on the Senate to reject Trump's nomination of Robert F. Kennedy Jr., saying he is "actively dangerous."
The Senate advanced a bill aimed at addressing illegal immigration Thursday as the issue comes front and center under the new Congress.
Updating maps of Southern California show where wildfires, like the Palisades Fire and Eaton Fires, are burning across Los Angeles.
Democratic Sen. John Fetterman of Pennsylvania has accepted an invitation from President-elect Donald Trump to meet with him at his Mar-a-Lago estate, multiple sources said.
"Singledom has peaked," said Dr. Richard Fry, a labor economist at Pew Research Center who conducted the survey.
The U.S. had filed an appeal to stop plea proceedings for alleged 9/11 architect Khalid Sheikh Mohammed and two others from moving forward Friday in the war court in Guantanamo Bay.
Edgar Welch fired an assault rifle inside a Washington, D.C., restaurant in December 2016 while claiming to investigate the "pizzagate" hoax.
Los Angeles County Department of Animal Care and Control released a list of animal shelters for owners interested in evacuating animals to their facilities.
A judge has ruled that a Wisconsin woman who stabbed her sixth grade classmate to please the horror character Slender Man can be released from a psychiatric hospital.
Hundreds of incarcerated firefighters are working to extinguish the massive blaze scorching Los Angeles.
For those who have it, a standard homeowners' insurance policy does cover destruction caused by fire, including wildfires.
Some businesses are offering free emergency shelter and other services to residents who have been displaced by the Los Angeles fires.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The U.S. had filed an appeal to stop plea proceedings for alleged 9/11 architect Khalid Sheikh Mohammed and two others from moving forward Friday in the war court in Guantanamo Bay.
Ohio Gov. Mike DeWine will appoint Vice President-elect JD Vance's replacement.
The Senate advanced a bill aimed at addressing illegal immigration Thursday as the issue comes front and center under the new Congress.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."
In Dry January, people choose to give up alcohol for the month, but what happens if they have a drink? Here's what an expert says.
Thousands of doctors are calling on the Senate to reject Trump's nomination of Robert F. Kennedy Jr., saying he is "actively dangerous."
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.
"Inside Edition" correspondent Alison Hall opens up about her breast cancer battle and how Olivia Munn's own experience with early detection inspired her to take a life-saving risk assessment test.
Tens of thousands of people are evacuating Los Angeles as wildfires blaze across the region, emitting dangerous smoke. Here's how it impacts health.
Ninety-six percent of online pharmacies were found to violate the law, meaning they were operating without a license and selling medications without prescriptions.
Poland's president wants Benjamin Netanyahu to be able to attend events marking 80 years since the liberation of Auschwitz despite an ICC arrest warrant for the Israeli leader.
The German man has been identified after his bones, including part of a leg, were discovered in western Austria.
Ukraine's leader says partners sending ground troops would help "force Russia into peace," as America's European allies ponder Trump's next move.
"Christmas ended in the Canaries with the rescue of a baby born while crossing the sea," the coastguard said.
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
Harlan Coben joins CBS Mornings to talk about "Missing You," the global TV hit he executive produces. Based on his novel, the show follows Det. Kat Donovan as she investigates the case of a missing person.
The classic game show "Hollywood Squares" is getting a fresh update. Nate Burleson got a sneak peek.
"Inside Edition" correspondent Alison Hall opens up about her breast cancer battle and how Olivia Munn's own experience with early detection inspired her to take a life-saving risk assessment test.
Julia Michaels, a six-time Grammy nominee known for writing hits for artists like Dua Lipa and Justin Bieber, shares a first look at "Scissors," her upcoming collaboration with Maren Morris.
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on TikTok in the U.S.
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Fact-checking firms that teamed with Meta are refuting CEO Mark Zuckerberg's suggestion linking their work to censorship.
Nick Thompson, CEO of "The Atlantic" and former editor-in-chief of "Wired," discusses the consequences of Meta's decision to end its fact-checking program and the rise of self-policing in a "post-information" age.
The wildfires in California are the latest in a string of natural disasters made worse by climate change. Former President Jimmy Carter was one of the first U.S. officials to draw attention to man-made issues impacting the environment. Gus Speth, a member and chair of the Council on Environmental Quality during Carter's presidency, joins "The Daily Report."
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of President-elect Donald Trump's to-do list. CBS News environmental correspondent David Schecter joins "America Decides" to look at the outgoing president's record on the issue.
Multiple fires are burning in the Los Angeles area, forcing thousands to flee their homes and destroying hundreds of buildings. President Biden approved a major disaster declaration Wednesday afternoon to help California boost the ranks of those battling the blazes. CBS News correspondent Elise Preston has more from Malibu.
Female mosquitoes are targeted because only they bite and drink blood, thereby spreading diseases such as malaria and dengue fever.
As the U.S. Capitol prepares to honor former President Jimmy Carter, Rolling Stone climate reporter Jeff Goodell looks back on his environmental legacy.
Maj. Michael Stockin faced 52 charges involving claims of abusive sexual contact with 41 victims, the Army said.
Takeshi Ebisawa allegedly conspired to traffic uranium and plutonium from Myanmar in the belief that Iran would use it for nuclear weapons.
Police should reconsider reselling their used guns, the ATF said, pushing back against a policy linked to over 1,000 deaths between 2019 and 2023.
U.S. Capitol Police said they found the machete and other knives during a security screening.
Disgraced former Rep. George Santos had his February sentencing delayed until April so he can keep making new episodes of his podcast.
NASA hopes a revised plan will get Mars samples back to Earth faster and cost less than the agency's original plan.
A phenomenon called gravitational lensing turned a galaxy into a "hall of mirrors of cosmic proportions," allowing for the discovery.
NASA said scientists began receiving more detailed telemetry — or "housekeeping data" — from the spacecraft on New Year's Day.
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Los Angeles County Sheriff Robert Luna gives an update on the Eaton Fire from Pasadena on Thursday. He addressed the death toll, evacuations, a possible curfew and looting.
President Biden delivered remarks about the federal response to the Los Angeles wildfires on Thursday. He said he will send additional federal resources to battle wildfires ravaging Southern California. Norah O'Donnell anchored a CBS News Special Report.
Former President Jimmy Carter's casket has arrived in Georgia where his family members and staff from The Carter Center will say their final goodbyes. CBS News' Elizabeth Campbell reports.
Residents are slowly getting access to their communities in the Los Angeles area after several fires burned down hundreds of homes and businesses. One man is trying to locate any of his daughter's belongings. In Malibu, some are wondering what is left of their neighborhoods and near the Eaton Fire some are counting their blessings as their homes remain standing. CBS News Los Angeles has the stories and the latest weather forecast.
More than 200,000 people in Richmond, Virginia, are under a boil water advisory after a storm impacted a water facility. Greg Schneider, a writer for the Washington Post, joins CBS News with the latest news.