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Kasich: Bipartisan healthcare plan could come in a week
Govs. John Kasich of Ohio (R) and John Hickenlooper of Colorado (D) are working on a bipartisan proposal to stabilize ObamaCare that they say could be unveiled as soon as a week from now.
“We’re getting very close,” Kasich said in a joint interview with Hickenlooper on Colorado Public Radio. “I just talked to my guys today, and men and women who are working on this with John’s people, and we think we’ll have some specifics here. John, I actually think we could have it within a week.”
Kasich and Hickenlooper, governors of opposing parties, have been doing a series of interviews calling for a bipartisan approach on healthcare to stabilize insurance markets.
Trump rejects plea to help coal plants
The Trump administration has denied a coal company’s request to invoke a little-used authority to stop coal-fired power plants from closing.
Murray Energy Corp. CEO Bob Murray, an outspoken advocate for coal and close Trump ally, had asked for a federal order to stop a major utility from closing any plants, even if it goes bankrupt.
Such an order from the Energy Department would have, among other effects, exempted FirstEnergy Solutions Corp.’s plants from numerous environmental standards.
Trump’s team and lawmakers making strides on tax reform plan
President Donald Trump’s top aides and congressional leaders have made significant strides in shaping a tax overhaul, moving far beyond the six-paragraph framework pushed out in July that stoked fears about their ability to deliver on one of the GOP’s top priorities.
There is broad consensus, according to five sources familiar with the behind-the-scenes talks, on some of the best ways to pay for cutting both the individual and corporate tax rates.
The options include capping the mortgage interest deduction for homeowners; scrapping people’s ability to deduct state and local taxes; and eliminating businesses’ ability to deduct interest, while also phasing in so-called full expensing for small businesses that allows them to immediately deduct investments like new equipment or facilities.
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