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US Senator Johnson: We have enough votes to stop Trump’s tax cuts bill

Speaking to CNN News on Sunday, US Senator Ron Johnson said, "I think we have enough (votes) to stop the process until the president gets serious about spending reduction and reducing the deficit.”

“My primary focus now is spending. This is completely unacceptable. Current projections are $2.2 trillion per year deficit,” he said.

Johnson further noted, “there should be a goal of this Republican Senate to reduce the deficit, not increase it. We’re increasing it.”

US President Donald Trump’s sweeping tax cuts bill was passed in the lower house last week and will be voted on in the Senate this week.

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Fed’s Kashkari: Uncertainty is top of the mind for Fed, US businesses

Minneapolis Federal Reserve (Fed) President Neel Kashkari said in his speech in Tokyo early Monday that “uncertainty is top of the mind for Fed, US businesses.”
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