Trump Promises ‘No Change’ To 401(k) Tax Incentives
The New York Times reported recently that Republican lawmakers were considering limiting the amount workers could save in 401(k) retirement accounts. But the president took to Twitter to calm everyone’s nerves, saying, “There will be NO change to your 401(k).”
House Republicans will be working to pass a budget this week so they can turn their attention to tax reform. Trump warned Sunday that action on tax reform is crucial to avoiding political failure in 2018. Read the story from The AP.
Director James Toback Accused of Harassment
Thirty-eight women have come forward accusing director James Toback, best-known for directing the film “Bugsy,” of sexual harassment. Toback denies the allegations. Read the story from The Los Angeles Times.
Hurricane Relief Concert
Democrats Barack Obama, Bill Clinton, and Jimmy Carter, and Republicans George H.W. and George W. Bush were on stage in College Station, Texas, to try to unite the country after the recent storms. Read the story from NPR.
Amazon’s Second Home
The online giant is seeking a home for its second headquarters, with proposals due last week for cities hoping to benefit from the 50,000 new jobs and $5 billion the new HQ would create. Amazon says it’s received 238 proposals. Read the story from The AP.
Astros Face Dodgers in World Series
The Houston Astros shut out the New York Yankees 4-0 on Saturday and head to the World Series to face the Los Angeles Dodgers. Game one starts Tuesday. Read the story from The Los Angeles Times.