Oct. 6, 2017
Happy Friday from Washington, where the debate on how strong a military we want is reignited by a Heritage Foundation study that rates both the Army and Marines as "weak." Rachel del Guidice reports on that and what House conservatives see in tax reform. President Trump is cutting lots of red tape, his regulatory czar says. Fred Lucas has details. Plus: Lucas on the vice president and faith during trials, Mary Clare Amselem on England's "free college" experience, and Sondra Clark on attracting dollars back to America. Do something fun this weekend.
When England instituted "free college," the results backfired. Rather than leveling the playing field, it created a system where wealthier students benefited and the poor were left behind.
"We have not been resourcing our military commensurate with our moral obligation to support the men and women who are risking their lives for us," Rep. Mac Thornberry says.
President Trump's regulatory chief says reining in the administrative state requires leadership from all three branches of government, but the president's team is making progress.
A proposed territorial system would allow all of a corporation’s foreign subsidiaries to bring their earnings back to the U.S. with a 100 percent deduction.
"No natural disaster, no act of violence, will ever diminish the strength and goodness of the American people," the vice president says.
"We can’t fail on this," Rep. Jeff Duncan, R-S.C., says. "There [are] so many in America that are relying on us to make this happen."
If tax reform is going to pass, it is going to have to benefit all working families, writes Sen. Mike Lee, R-Utah. And, he argues, the best way to do that is a big increase in the child tax credit.
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