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Week In The News: Tax Plans, Government Funding, NAFTA

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Funding the government. An about-face on NAFTA. Tax plans. Sanctuary cities. Arkansas executions. Our weekly news roundtable goes behind the headlines.

President Donald Trump and Treasury Secretary Steven Mnuchin arrive at the Treasury Department in Washington, Friday, April 21, 2017, where the president was to sign an executive order to review tax regulations. (AP Photo/Susan Walsh)
President Donald Trump and Treasury Secretary Steven Mnuchin arrive at the Treasury Department in Washington, Friday, April 21, 2017, where the president was to sign an executive order to review tax regulations. (AP Photo/Susan Walsh)

Good cop, bad cop on North Korea this week and on the eve of Donald Trump’s 100th day in office. Rex Tillerson talks, talks. The president talks “major confrontation.” We’ll see. At home, the mother of all tax plans – on one page. Trump’s back and forth on NAFTA. Gen. Michael Flynn in trouble. No money yet for the wall. We’ve got a big French election, the pope in Egypt. Up next, On Point: Our weekly news roundtable goes behind the headlines. -- Tom Ashbrook

Guests

Kelly O’Donnell, Capitol Hill correspondent for NBC News. (@KellyO)

Naftali Bendavid, Washington editor for the Wall Street Journal. (@NaftaliBendavid)

Jack Beatty, On Point news analyst. (@jackbeattynpr)

From Tom's Reading List

New York Times: Democrats to Oppose Spending Bill if G.O.P. Moves Against Health Act — "House Democrats threatened on Thursday to withhold their support for a stopgap spending bill if Republicans pressed forward with a swift vote on their legislation to repeal and replace the Affordable Care Act. The threat by Democrats raised the possibility of a government shutdown this weekend, given that House Republicans have needed Democratic votes to pass spending measures in recent years."

CNN: Trump agrees 'not to terminate NAFTA at this time' — "As he approaches his 100th day in office, Trump and his advisers are hurriedly working to check off promises made during the campaign, one of which was to renegotiate or withdraw from NAFTA. Trump has already removed the US from another massive trade pact, the Trans Pacific Partnership, which was negotiated under President Barack Obama."

Washington Post: White House unveils dramatic plan to overhaul tax code in major test for Trump — "On Wednesday, Trump issued a one-page outline for changes to the tax code, pinpointing numerous changes he would make that would affect almost every American. He wants to replace the seven income tax brackets with three new ones, cut the corporate tax rate by more than 50 percent, abolish the alternative-minimum tax and estate tax, and create new incentives to simplify filing returns."

This program aired on April 28, 2017.

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