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Trump's plan to slash business taxes seen as 'guidepost' by congressional Republicans

WASHINGTON President Donald Trump unveiled a one-page plan on Wednesday proposing deep U.S. tax cuts, many for businesses, that would make the federal deficit balloon if enacted, drawing a cautious welcome from fiscal conservatives and financial markets. | Video

Recent Top News

Uber driver charged with raping California woman in car

LOS ANGELES An Uber driver accused by prosecutors of having sexually assaulted a female passenger after she sought a ride home from a gathering in the upscale seaside city of Newport Beach, California, was charged with rape on Wednesday.

U.S., Tech 9:19pm EDT

U.S. Congress may seek one-week funding extension to avert shutdown

WASHINGTON The U.S. Congress inched toward a deal to fund the government through September but was preparing to possibly extend a midnight Friday deadline in order to wrap up negotiations and avoid an imminent government shutdown. | Video

Politics, Election 2016 5:05pm EDT

Conservatives back latest U.S. healthcare bill, obstacles remain

WASHINGTON The conservative House Freedom Caucus came out in support of a reworked U.S. healthcare overhaul bill even though it would not fully repeal Democratic former President Barack Obama's signature healthcare law, the group said in a statement on Wednesday.

U.S. FCC chairman to propose reversing 'net neutrality' rules

WASHINGTON The head of the U.S. Federal Communications Commission on Wednesday proposed overturning the landmark 2015 Obama-era net neutrality rules that prohibit broadband providers from giving or selling access to certain internet services over others.

5:57pm EDT

U.S. chief justice alarmed at Trump administration immigration case stance

WASHINGTON U.S. Chief Justice John Roberts took issue on Wednesday with the Trump administration's stance in an immigration case, saying it could make it too easy for the government to strip people of citizenship for lying about minor infractions.

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Trump seeks to shrink federal role in education with new order

WASHINGTON President Donald Trump on Wednesday ordered Education Secretary Betsy DeVos to review the U.S. government's role in school policy, which supporters cheered as the first step in creating more local control in education and critics worried could lead to lower quality schools in poorer neighborhoods. | Video