Wondering what the House vote on the Congressional Budget Resolution means for US tax reform? You’ve come to the right place. Basically, this: Republicans can come up with a budget-busting tax plan without having to work with the Democrats, sooner than they thought.
“America First” is taking on a whole new twist as Republicans in Washington develop a $1.5 trillion tax cut that will benefit foreign investors more than middling US earners.
There is an enormous, invisible clock that keeps ultra-precise time, can be checked from anywhere on earth, and is free for everyone to use. This technological gift to humanity was built by the US government. It is called the Global Positioning System (GPS), it lives in space, and you use it every time you check the map on your phone.
Behold six glorious seconds of the most powerful natural-gas powered rocket engine you’ve ever seen:
Two days ago, on Oct. 16, the Iraqi army seized oil fields near in northern Iraq that had been operated by the Kurdish Regional Government (KRG).
The biggest political problem with Donald Trump’s plan to dramatically cut corporate taxes is that most of the benefits will accrue to the wealthiest Americans while the costs are, well, ignored.
If Elon Musk has to make his big rocket smaller, he’s going to make sure it still has enormous ambitions.
The US doesn’t have the information it needs to stop an attack by North Korea. But it knows where to get it, thanks to a small unit within the Department of Defense that works like a Silicon Valley investment firm.
Will Donald Trump say “you’re fired” to one of the few real populists in his administration?
If you think of space exploration and the United States, you probably imagine NASA’s Apollo moon rockets and “one giant leap for mankind.”
Today marks the final chance for Republicans to enact a new US health care law that would cut coverage and reduce taxes for the wealthy. To do so, party leaders need to win over key holdouts like Alaska Senator Lisa Murkowski, and they are playing hardball.
As protestors shouting “shame” were hauled from the chamber, the US Senate voted this afternoon to open debate on a health-care law few of its members can explain.
As Democrats prepare a program to win the legislature in the 2018 legislative elections, one issue stands out as new: The idea of breaking up large tech companies.
We know there are tax havens. We just can’t agree on where they are.
David Kautter, president Donald Trump’s pick to run tax policy for the US Treasury, faced some awkward questions on July 18. Senators at his confirmation hearing wanted to know: Was he involved in a tax shelter scandal at his current employer, the global accounting services firm Ernst & Young?
When Rex Tillerson ran ExxonMobil, he made his name making deals in Russia, which in turn made Donald Trump’s decision to appoint him as secretary of State contentious. Skepticism about Vladimir Putin’s authoritarian state and its connections to the highest levels of the Trump administration dogged his confirmation hearings.
Robert Bigelow, the Los Angeles real estate baron who wants to be the first commercial landlord in space, has pitched his space venture using cartoons.
Just a few words demonstrate how retrograde US attorney-general Jeff Sessions’ view of criminal justice can be.
If you think big government is holding back economic growth today, it’s got nothing on the feudal system of France’s ancien regime. Historians record overlapping levels of nobles and Catholic church officials collecting taxes on everything from passing flocks of birds to the manufacture of doors and windows within city walls, not to mention the all-important growing, milling, and selling of grain.
“Our nation will return to the moon and we will put American boots on the face of Mars,” US vice president Mike Pence, newly ensconced as the head of the National Space Council, said last week in a speech at NASA’s Kennedy Space Center.
Don’t ever underestimate Donald Trump. When his team released its budget in May, it was off by $2 trillion thanks to ultra-rosy economic predictions and a bit of accounting magic that used the same pot of money twice—once to pay for a tax cut and once to reduce the deficit. Today, the Congressional Budget Office, which acts as an independent analyst for US lawmakers, released its analysis. It shows that Trump’s budget is actually even deeper in the hole: $3.7 trillion over the next 10 years:
A handful of US lawmakers are pushing for the creation of a new branch of the American military solely focused on deploying extra-terrestrial power.
One pro-Trump response to the “I’d love it” e-mail—in which Donald Trump, Jr. eagerly accepted an offer from the Russian government to get damning information about Hillary Clinton during his father’s election campaign—is that it’s just the normal dirt-digging political campaigns do on opposing candidates.
It’s a thesis that’s too good to check and a Black Mirror episode you’ve already seen: Video games are getting so compelling that they’re keeping young American men out of work.
