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Donald Trump is back from Asia. What do you think he'll be doing next?
A) Pardoning the Thanksgiving turkey.
B) Urging Congress to pass a clean, simple, middle-class-friendly tax bill.
C) Pardoning Sean Hannity.
The answer is A, obviously. Turkey gets a reprieve on Tuesday. And rumors that the president has ordered the execution of all turkeys previously pardoned by Barack Obama are not true. It was a joke on a website. Stop telling people that!
A Senate plan to overhaul taxes being released Thursday will delay for one year a cut in the top corporate tax rate from 35% to 20%, one of President Trump's top priorities, according to a Senate staff member who was familiar with the bill but not authorized to discuss it publicly.
The House Ways and Means Committee was working Thursday to release its tax changes, which would immediately drop the corporate rate. But lawmakers are struggling to keep the total cost of tax cuts under a $1.5 trillion limit they set in a budget resolution adopted earlier this year.