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May 8, 2017
Warren Buffett on GOP health care bill: 'A huge tax cut for guys like me'
Billionaire Warren Buffett says the Republican plan to repeal and replace Obamacare would be a boon for the super-rich.
"It is a huge tax cut for guys like me," Buffett said Saturday at the annual shareholder meeting of Berkshire Hathaway (BRKA).
Buffett, speaking to a crowd of tens of thousands in Omaha, said the cost of health care hurts businesses way more than corporate taxes. And it's hurting the economy. More info...
May 2, 2017
Why Trump's coal promises are doomed
by Matt Egan
"Trump's efforts to roll back environmental regulations will not materially improve economic conditions in America's coal communities," was the blunt assessment of the authors.
Trump could still help coal country in other ways, including by funding worker retraining programs that could allow miners to learn the skills for today's jobs like computer coders.
The federal government could also help by safeguarding miners' health benefits, cleaning up the land where abandoned mines sit on and investing in infrastructure and broadband to bring new jobs. More info...
May 2, 2017
Trump says he will 'certainly consider' raising the gas tax
"It's something that I would certainly consider," Trump said Monday in an interview with Bloomberg News. He said the idea is favored by truckers, as long as the government "earmarked money toward the highways."
The current federal gasoline tax is 18.4 cents per gallon, according to the U.S. Energy Information Administration. The duty rises to 24.4 cents per gallon for diesel.
Congress has not raised the federal gas tax since 1993.
Press Secretary Sean Spicer told reporters Monday afternoon that the president is still weighing his options. More info...
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