INTERNACIONAL
EXCLUSIVE: Trump tax cuts ‘top priority’ for Congress, says top House GOP leader
EXCLUSIVE – Following President Donald Trump’s «liberation day» tariffs announcement, a top House GOP leader is pushing for Congress to extend the president’s 2017 tax cuts, which he says is the next «top priority» for Republicans.
The passage of the 2017 Tax Cuts and Jobs Act (TCJA) was the first major legislative victory for the first Trump administration and represented one of the most significant achievements of his term.
Now, after the Senate passed a resolution Saturday night setting up a process known as reconciliation to bypass any potential Democratic filibuster, it’s up to the House to take the next step in making the cuts permanent.
Majority Whip Tom Emmer, who represents Minnesota and who holds one of the most influential roles in the House, told Fox News Digital that extending Trump’s 2017 tax cuts is one of the party’s major points of focus, both in Congress and in the White House.
Emmer is holding an «Invest in America» roundtable discussion with Trump Treasury Secretary Scott Bessent, National Association of Manufacturers (NAM) CEO Jay Timmons and other manufacturing leaders from across the country on Tuesday to discuss the importance of solidifying the cuts now.
According to Emmer’s office, the roundtable discussion will also highlight financial literacy month and emphasize the need to give all Americans the tools to succeed financially.
SENATE GOP PUSHES TRUMP BUDGET FRAMEWORK THROUGH AFTER MARATHON VOTE SERIES
A top House GOP leader is pushing for Congress to extend the president’s 2017 tax cuts, which he says is the next «top priority» for Republicans. (Kevin Dietsch/Getty Images | Vincent Alban/Bloomberg via Getty Images | Fox News Digital)
Emmer’s office told Fox News Digital that the roundtable will be centered on the importance of Congress preserving the 2017 tax cuts through reconciliation.
Reconciliation is a way to fast-track legislation on issues like taxes, the debt limit and federal spending by bypassing the Senate’s 60-vote threshold for passage, instead lowering it to a simple 51-vote majority.
«Following Liberation Day, there is a hunger for even more action to put American workers, businesses and production first,» a representative for Emmer said in a statement. «Continuing the Trump tax cuts does that, and this discussion will display the urgency and importance of getting it done.»
There are key aspects of the 2017 tax cuts related to manufacturing that are set to sunset at the end of the year. Emmer believes that if that happens it would result in the «largest tax hike in American history.»
SPEAKER JOHNSON MOVES ON SENATE’S TRUMP BUDGET BILL AS HOUSE GOP REBELS THREATEN TO DEFECT
Rep. Tom Emmer speaks during the Republican National Convention, July 16, 2024, in Milwaukee. (AP Photo/Charles Rex Arbogast)
«House Republicans and the Trump administration know the stakes are high for Americans regarding tax reform,» said the representative.
Emmer’s office pointed to a NAM study that found a sunset on these tax reforms at the end of 2025 would cost America 6 million jobs, including over 1.1 million manufacturing jobs, as well as $540 billion in lost wages and $1.089 trillion in lost GDP.
While Trump’s tariff policy centers on increasing American productivity and manufacturing, the study posits that if Congress fails to extend the cuts, the country would be placed back in an uncompetitive international tax regime that «disincentivizes investment in the U.S. and hampers manufacturers’ ability to compete on the world stage.»
NAM CEO Jay Timmons told Fox News Digital that he is calling on Congress to make the pro-manufacturing reforms in Trump’s 2017 tax cuts permanent, saying «every day without action harms manufacturers’ ability to invest in America and plan for the future.»
SENATE’S BUDGET PROPOSAL IS ‘WOEFULLY SHORT OF WHERE THEY NEED TO BE,’ GOP REP SAYS
President Donald Trump sits down with Fox News anchor Bret Baier for an interview. (Fox News/Special Report)
«Current economic conditions make renewal of the 2017 tax reforms even more urgent,» said Timmons. «Passage of the original law ignited job creation, wage growth and investment across the country. And as a result, manufacturers kept our promises by expanding operations, boosting wages and benefits and hiring at record levels. But now key provisions have already expired, and others are set to lapse at the end of this year.»
«It is past time to make these reforms permanent and more competitive,» he added. «When manufacturing wins, America wins.»
For his part, Emmer told Fox News Digital that extending the tax reforms is a «top priority for House Republicans, the Trump administration, and American manufacturers alike.»
«The American people are hungry for an economic boom that is already underway,» he said. «But [it] will only be fully realized if Congress acts to continue the 2017 Trump tax cuts through reconciliation.»
EXCLUSIVE: HOUSE FREEDOM CAUCUS CHAIR URGES JOHNSON TO CHANGE COURSE ON SENATE VERSION OF TRUMP BUDGET BILL
Treasury Secretary Scott Bessent departs following the tariff announcement in the Rose Garden of the White House on Wednesday, April 2, 2025. (Jim Lo Scalzo/EPA/Bloomberg via Getty Images)
Meanwhile, Bessent told Fox News Digital that «making President Trump’s Tax Cuts and Jobs Act permanent will help to secure the stable business environment that investors are seeking.»
CLICK HERE TO GET THE FOX NEWS APP
«Stability in tax policy fosters certainty, and extending the TCJA will drive growth and managements, investment, and hiring as we enter America’s new economic golden age,» he went on, adding, «I look forward to continuing this important conversation with Majority Whip Emmer and members of Congress to deliver on these important reforms for the American people.»
Trump’s First 100 Days,Congress,House Of Representatives,Republicans
INTERNACIONAL
Omar calls GOP probe into husband’s $30M business surge a ‘political stunt’ as records deadline passes
NEWYou can now listen to Fox News articles!
The office of Rep. Ilhan Omar, D-Minn., on Friday called a GOP-led investigation into her family’s finances a «stunt,» one day after a House deadline for her husband to turn over records tied to his companies’ rapid growth.
The House Oversight Committee had set Feb. 19 as a deadline for Tim Mynett, Omar’s husband, to provide information about the sudden success of two of his companies to the House Oversight Committee.
«This is all a political stunt. These sham accusations were referred to the Ethics Committee, and our office has not received any follow-up because this is a baseless, headline-generating speculation and a politically targeted attack on the Congresswoman,» a spokesperson for Omar told Fox News Digital.
Omar’s office declined to say whether it had submitted the business records as requested by lawmakers.
CONGRESS OPENS ‘INDUSTRIAL-SCALE FRAUD’ PROBE IN MINNESOTA, WARNS WALZ DEMANDS ARE ‘JUST THE BEGINNING’
Rep. Ilhan Omar, D-Minn., sits with husband Tim Mynett during the first day of the Democratic National Convention at the United Center on Aug. 19, 2024, in Chicago, Illinois. (Alex Wong/Getty Images)
eStCru LLC, a winery, and Rose Lake Capital LLC, a consulting firm, both owned partially by Mynett, increased sharply in reported value between 2023 and 2024, drawing questions from lawmakers about the source of the pair’s wealth.
In just one year, the two companies added roughly $30 million in combined value.
The Oversight Committee, led by Chairman James Comer, R-Ky., asked Mynett to produce communications regarding the companies’ latest audits and with the Securities and Exchange Commission (SEC), correspondence with any other federal agencies, and travel records to or from the United Arab Emirates, Somalia or Kenya.
Omar’s office called the probe a GOP-led distraction from other hot-topic issues.
«If Republicans were interested in real oversight, they would be looking at Trump and his family enriching their net worth by billions of dollars, as well as their connections to their pedophile friend, Jeffrey Epstein,» Omar’s spokesperson said.
MINNESOTA GOV WALZ, AG ELLISON TO TESTIFY IN HOUSE INVESTIGATION INTO ALLEGED $9B WELFARE FRAUD
President Donald Trump pushed for a financial investigation into Democrat Rep. Ilhan Omar in January. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
When asked if Omar and Mynett had turned in the requested documentation, a spokesperson for the House Oversight Committee told Fox News Digital that the committee has referred the matter to the House Ethics Committee, the body tasked with investigating financial disclosure statements and member misconduct.
«Americans have concerns about Rep. Omar’s skyrocketing wealth while in public office. The House Oversight Committee initiated a probe into these concerns and has asked the House Ethics Committee to do its job and review this matter,» a spokesperson for the House Oversight Committee told Fox News Digital.
In its letter to Mynett sent earlier this year, the Oversight Committee said it needed the business details to ensure Omar wasn’t being unduly influenced by her husband’s success.
MASSIVE MINNESOTA FRAUD CASE PUTS AG KEITH ELLISON UNDER MICROSCOPE AS CLIMATE TIES RESURFACE
Rep. James Comer, R-Ky., left, pictured alongside Rep. Ilhan Omar, D-Minn., right. (Kevin Dietsch/Getty Images; Brandon Bell/Getty Images)
«Financial disclosure forms, filed by your wife, Representative Ilhan Omar of Minnesota, show eStCru LLC and Rose Lake Capital LLC, which you hold ownership stakes in, went from being worth as much as $51,000 in 2023 to as much as $30 million in 2024,» the committee wrote.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
«Given that these companies do not publicly list their investors or where their money comes from, this sudden jump in value raises concerns that unknown individuals may be investing to gain influence with your wife,» the Oversight Committee added.
The House Ethics Committee declined to comment on whether it would open a probe into Omar or her husband.
congress,ilhan omar,politics
INTERNACIONAL
Trump gives Iran 10-day ultimatum, but experts signal talks may be buying time for strike
NEWYou can now listen to Fox News articles!
President Trump said in June he would decide «within the next two weeks» whether to strike Iran. He made the decision two days later.
On Thursday, he gave Tehran another clock, saying the Islamic Republic has 10 to 15 days to come to the negotiating table or face consequences.
The compressed timeline now sits at the center of a new round of high-stakes nuclear diplomacy. But with Trump, deadlines can serve as both warning and weapon.
Jason Brodsky, policy director at United Against Nuclear Iran, told Fox News Digital, «The Iranian regime has been operating under a grand delusion that they can turn President Trump into President Obama and President Trump has made it clear that that’s not happening.»
TRUMP MEETS NETANYAHU, SAYS HE WANTS IRAN DEAL BUT REMINDS TEHRAN OF ‘MIDNIGHT HAMMER’ OPERATION
Map of US naval ships in the Middle East. (Fox News )
Brodsky said there is little expectation inside the administration that diplomacy will produce a breakthrough. «I think there’s deep skepticism in the Trump administration that this negotiation is going to produce any acceptable outcome.»
Instead, he said, the talks may be serving a dual purpose. «They’re using the diplomatic process to sharpen the choices of the Iranian leadership and to buy time to make sure that we have the appropriate military assets in the region.»
A Middle Eastern source with knowledge of the negotiations told Fox News Digital that Tehran understands how close the risk of war feels and is unlikely to deliberately provoke Trump at this stage.
However, the source said Iran cannot accept limitations on its short-range missile program, describing the issue as a firm red line set by Supreme Leader Ali Khamenei. Iranian negotiators are not authorized to cross that boundary, and conceding on missiles would be viewed internally as equivalent to losing a war.
The source indicated there may be more flexibility around uranium enrichment parameters if sanctions relief is part of the equation.
According to Brodsky, Iran’s core positions remain unchanged. «They’re trying to engage in a lot of distraction… shiny objects, to distract from the fact that they’re not prepared to make the concessions that President Trump is requiring of them,» he said. «The Iranian positions do not change and have not changed fundamentally. They refuse to accept President Trump’s position on zero enrichment. They refuse to dismantle their nuclear infrastructure. They refuse limitations on Iran’s missile program, and they refuse to end support for terror groups.»
VANCE WARNS IRAN THAT ‘ANOTHER OPTION ON THE TABLE’ IF NUCLEAR DEAL NOT REACHED
USS Gerald R. Ford pictured in the Mediterranean Sea. (U.S Naval Forces Central Command / U.S. 6th Fleet / Handout via Reuters)
Behnam Taleblu, senior fellow at the Foundation for Defense of Democracies, warned that Tehran may be preparing a different kind of proposal altogether.
«The first kind of deal that we have to be worried about… they may pitch an agreement that is based more on transposing the current reality onto paper… these kinds of agreements are more like understandings,» Taleblu said.
«You take the present reality, and you transpose that onto paper, and then you make the U.S. pay for something it already achieved.»
Taleblu outlined what he sees as Tehran’s strategic objectives. «The Iranians want three things, essentially. The first is they want to deter and prevent a strike.»
«The second is that they are actually using negotiations… to take the wind out of the wings of Iranian dissidents. And then the third is… they actually do want some kind of foreign financial stabilization and sanctions relief.»
«What the Iranians want is to play for time… an agreement like this doesn’t really require the Iranians to offer anything.»
RETIRED GENERAL ARGUES MILITARY ACTION AGAINST IRAN IS ‘BEST OPTION’ AS TRUMP FACES ‘HISTORIC OPPORTUNITY’
Iran’s Supreme Leader, Ayatollah Ali Khamenei pictured sitting next to senior military official in Iran. (Getty Images)
At the same time, Taleblu said the administration’s intentions remain deliberately opaque. «It’s hard to read the tea leaves of the administration here. Obviously, they don’t want a nuclear Iran, but also obviously they don’t want a long war in the Middle East.»
«The military architecture they’re moving into the region is signaling that they’re prepared to engage in one anyway. The question that the administration has not resolved politically… is: What is the political end state of the strikes? That’s the cultivation of ambiguity that the president excels at.»
Jacob Olidort, Chief Research Officer and Director of American Security at the America First Policy Institute, told Fox News Digital, «The President has been clear that he wants to give diplomacy a chance. However, if, in his estimation, diplomatic efforts prove unsuccessful, he will almost certainly turn to military options. What is rightfully unpredictable is the specific objective and scope of military action the President may take.»
«Specifically, will military action serve as a new layer of diplomatic pressure towards creating a new opportunity to make Iran agree to our demands — military force as coercive diplomacy — or simply achieve the intended objectives that diplomacy could not? Regardless, the President has a record of taking bold action to protect the American people from Iran’s threats.»
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Iranians gather while blocking a street during a protest in Tehran, Iran on Jan. 9, 2026. (MAHSA / Middle East Images / AFP via Getty Images)
Public sentiment inside Iran remains deeply divided, Iranian sources told Fox News Digital. Many view a foreign military invasion as unacceptable, while anger over the killing of young protesters continues to fuel domestic tensions and uncertainty.
With a 10 to 15-day window ticking, Trump’s deadline may function less as a calendar marker and more as leverage.
iran,donald trump,wars,military,world protests
INTERNACIONAL
Trump desafía a la Corte Suprema de EE.UU. y anuncia un nuevo arancel general del 10% a las importaciones
El presidente estadounidense Donald Trump anunció la imposición de un nuevo arancel general del 10% sobre todas las importaciones y cuestionó con dureza a la Corte Suprema de EE.UU., luego de que el máximo tribunal del país declarara ilegal su política de gravámenes aplicada bajo una ley de emergencia nacional.
En una rueda de prensa, Trump calificó el fallo como “profundamente decepcionante” y afirmó sentirse “absolutamente avergonzado” por “ciertos miembros” de la Corte —de mayoría conservadora— que votaron en su contra.
Además, sostuvo que el alto tribunal está influido por “intereses extranjeros”, una acusación que elevó aún más la tensión institucional tras la sentencia.
Leé también: La Corte Suprema de EE.UU. falló en contra de los aranceles que impuso Donald Trump
Pese al revés judicial, el mandatario adelantó que avanzará con “alternativas” para sostener su estrategia comercial y defendió el uso de los aranceles como una herramienta clave de presión económica y diplomática. En ese marco, buscó llevar tranquilidad sobre el futuro de los acuerdos comerciales vigentes y aseguró que la decisión judicial no los invalida.
La sede de la Corte Suprema de Estados Unidos en Washington. (Foto: Rahmat Gul/AP/Archivo)
El fallo de la Corte Suprema, adoptado por seis votos contra tres, determinó que Trump excedió su autoridad al imponer gravámenes amparado en la Ley de Poderes Económicos de Emergencia Internacional. Según el tribunal, esa norma no autoriza al presidente a fijar derechos de aduana, una potestad que corresponde exclusivamente al Congreso.
“El presidente se arroga la facultad extraordinaria de imponer unilateralmente gravámenes de monto, duración y alcance ilimitados”, escribió el presidente del tribunal, John Roberts, al fundamentar la decisión. La Corte subrayó además que la administración Trump no logró señalar ninguna ley en la que el Congreso hubiera autorizado expresamente el uso de la IEEPA para ese fin.
La sentencia se refiere a los gravámenes presentados como “recíprocos”, aunque no alcanza a los aplicados a sectores específicos como el automotriz ni a los del acero y el aluminio.
Leé también: Juicio por YPF: un tribunal de EE.UU. rechazó frenar el proceso previo a los embargos
Durante su primer mandato (2017-2021), Trump ya había utilizado este tipo de medidas como palanca de negociación. Tras regresar al poder en enero de 2025, anunció que recurriría nuevamente a la IEEPA para imponer gravámenes generalizados a la mayoría de los socios comerciales de Estados Unidos, además de tarifas especiales a países como México, Canadá y China por cuestiones vinculadas al narcotráfico y la inmigración.
La decisión del máximo tribunal confirma fallos previos de instancias inferiores que habían declarado ilegales esas medidas. En mayo, un tribunal comercial de primera instancia ya había bloqueado la entrada en vigor de la mayoría de los gravámenes, aunque el fallo quedó en suspenso mientras avanzaba la apelación del gobierno.
Con la resolución definitiva, las empresas que pagaron esos gravámenes podrán solicitar reembolsos al Departamento del Tesoro. Según estimaciones de economistas de la Universidad de Pennsylvania-Wharton, más de 175.000 millones de dólares en ingresos podrían tener que ser devueltos, en medio de cientos de demandas ya iniciadas contra el Estado. Donald Trump, flanqueado por el secretario de Comercio de EE.UU., Howard Lutnick, el representante comercial Jamieson Greer y el fiscal general D. John Sauer, habló en una rueda de prensa este viernes en la Casa Blanca tras la sentencia de la Corte Suprema que dictaminó que Trump se había excedido en sus competencias al imponer aranceles. (Foto: Kevin Lamarque/REUTERS)
En paralelo, Trump sostuvo que la mayoría de los acuerdos comerciales negociados por Estados Unidos continúan vigentes pese al fallo judicial. “El acuerdo con India sigue siendo válido”, afirmó durante la conferencia de prensa, y remarcó que “todos los acuerdos” siguen en pie. “Simplemente lo haremos de otra manera”, añadió, tras reiterar que avanzará con el nuevo arancel general del 10%.
El presidente también aludió a la renegociación del tratado de libre comercio entre Estados Unidos, Canadá y México, que deberá concluir en julio de este año. El acuerdo —vigente desde 1994— fue escenario de fuertes tensiones en los últimos años a raíz de la política arancelaria impulsada por la Casa Blanca.
Washington, además, negoció un acuerdo provisional con la Unión Europea para desactivar una crisis comercial de gran escala provocada por la imposición de gravámenes entre ambos socios.
(Con información de AFP)
Donald Trump, Estados Unidos
Echaron a una funcionaria de Misiones por un polémico video en Cancún: “Fuera pobres”
Explosión de una carta bomba en Gendarmería: el juez solicitó a la SIDE que se involucre en la investigación
Omar calls GOP probe into husband’s $30M business surge a ‘political stunt’ as records deadline passes
Terremoto en Xbox. Phil Spencer y Sarah Bond dicen adiós a la división de Microsoft y ya hay una nueva CEO al mando
Los mercados globales reaccionaron en alza al fallo de la Corte de EEUU a los aranceles de Donald Trump
La estremecedora caída que protagonizó el esquiador que era candidato a ganar el oro en los Juegos Olímpicos de Invierno
Reforma laboral bomba: menos indemnización, más horas y despidos más fáciles — el cambio que puede sacudir el empleo en Argentina
Cristian Ritondo: “Vamos a apoyar la ley de modernización laboral, pero no el régimen de licencias por enfermedad”
Ayuda Escolar Anual: a cuánto asciende, donde se tramita y quien puede cobrarla
El presidente de Camarco habló tras el mensaje de Caputo a los empresarios: “Apoyamos fervientemente la reforma laboral”
POLITICA3 días agoReforma laboral bomba: menos indemnización, más horas y despidos más fáciles — el cambio que puede sacudir el empleo en Argentina
- ECONOMIA2 días ago
Ayuda Escolar Anual: a cuánto asciende, donde se tramita y quien puede cobrarla
- POLITICA3 días ago
El Gobierno endurece las medidas de seguridad y control en la marcha prevista contra la reforma laboral en el Congreso
