Beyond the succession sensationalism and constitutional conundrums, the fact remains that President Trump will nominate the next CFPB Director. NYT's Erica Green: "The House tax bill, approved this month along party lines, would eliminate the teacher spending deduction in its effort to clean up the tax code, close loopholes and secure bigger tax cuts for all. The Senate bill, which could come up for a vote in the coming days, would double it, to $500. The deduction — which reduces taxable income, rather than providing a dollar-for-dollar credit in a tax bill — does not yield a large return for its recipients. NYT's David Leonhardt: "All of the potential swing senators have a problem: This tax bill also contains provisions that betray their stated principles.

Source: Washington Post November 27, 2017 13:24 UTC