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ARTICLE · 30 JUNE 2016

Fox On The Hill - June 27, 2016

Fox Rothschild LLP
Fox Rothschild LLP
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Speaker Paul Ryan (R-WI) rolled out the final two parts—taxes and health care—of the House GOP's "Confident America" agenda.

United StatesGovernment, Public Sector
Edward Eynon
Edward Eynon
Patrick Anderson
Patrick Anderson
Ana Schwab
Ana Schwab
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Democrats

Hillary Clinton is said to be getting to the final stages of vetting her Vice Presidential choices. Insiders say the top three candidates are Senator Tim Kaine (D-VA), Housing and Urban Development Secretary Julian Castro and Senator Elizabeth Warren (D-MA). Wall Street, however, has balked at the idea of Warren as the Vice Presidential choice and has started to withhold campaign dollars as a sign of its stance.

Republicans

Speaker Paul Ryan (R-WI) rolled out the final two parts—taxes and health care—of the House GOP's "Confident America" agenda. The tax portion is focused on providing a platform for fundamental tax reform. This includes establishing three individual income tax brackets and lowering the corporate tax rate to 20 percent from its current 35 percent. The tax plan differs significantly from Donald Trump's plan of a top tax rate of 25 percent for individuals and 15 percent for businesses.

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