Oct 20, 2017

Senate passes budget, clearing hurdle for tax overhaul

Photo: Pablo Martinez Monsivais / AP

The Senate passed a budget bill Thursday night, moving Republicans toward the big tax cuts they hope to pass through Congress late this year or early next year. Having cleared this hurdle, they'll only need a simple majority to pass the tax plan. Rand Paul was the lone Republican voting against the budget, contending it didn't include enough spending cuts.

What's next: It currently appears that the House (which already passed a budget) will vote on the Senate budget as a shortcut to the tax push, though that's not a done deal. If the House declines to do so, a compromise would have to be worked out in conference.

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Faith in government plummets around the world

People around the world have grown far more cynical about the idea their governments have their best interests at heart, according to polling from Pew.

By the numbers: When Pew last asked this question in 2002, majorities in nearly all countries polled believed their government was run to benefit all people. Amid the current populist wave, there is far more doubt.

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Israeli election: Netanyahu has momentum despite corruption case

Netanyahu campaigns with a friend behind him. Photo: Artur Widak/NurPhoto via Getty Images

Israeli Prime Minister Benjamin Netanyahu enters Israel's third elections in 10 months with momentum — and with his corruption trial looming just two weeks after the vote.

Why it matters: Israeli politics have been deadlocked for nearly a year as Netanyahu and his centrist rival, Benny Gantz, grapple for power. Monday's vote could provide the breakthrough, or set Israel on course for yet another election.

Go deeperArrow28 mins ago - World

Democrats lay out demands for coronavirus funding

Photo: Alex Wong/Getty Images

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer released a joint statement Thursday outlining their demands for coronavirus funding, including a guarantee that the eventual vaccine is affordable.

The big picture: Pelosi criticized the Trump administration's response to the coronavirus outbreak, calling it "chaotic" and chiding President Trump for "name-calling" and "playing politics." She added at a press conference that bipartisan congressional leaders are nearing an agreement on emergency funding.