By David Morgan WASHINGTON (Reuters) - Koch Industries, the private conglomerate owned by billionaire conservatives Charles and David Koch, warned on Wednesday that a Republican tax reform proposal meant to encourage U.S. exports could have devastating effects on the economy and consumers. The proposal, known as border adjustability, is part of a larger tax reform plan backed by Republicans in the House of Representatives, including Speaker Paul Ryan. It has attracted the attention of advisers to President-elect Donald Trump as a potential tool for creating manufacturing jobs for blue-collar Americans.
HAGERSTOWN, Md. (AP) — The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway. But there's more coming down the road.
Prime Minister Shinzo Abe's visit to Pearl Harbor this month may not be the first by a sitting Japanese premier but will be the first with a U.S. president, his top government spokesman said on Thursday, trying to clarify confusion over the trip. Abe announced on Monday he would join President Barack Obama on a Dec. 26-27 visit to the site of the Japanese surprise attack 75 years ago that drew the United States into World War Two. A foreign ministry official said on Monday that Abe would be the first incumbent Japanese leader to visit.