New Airport Security Rules Issued by Trump Administration
October 30, 2017
GOP Chairman says he plans to include deduction for local property taxes in forthcoming legislation; Bipartisan group calls to reauthorize funding for community health centers; Trump Administration issues new airport security rules; U.S. consumer spending grows at fastest rate since 2009.
- GOP Chairman says he plans to include deduction for local property taxes in forthcoming legislation. House Ways and Means Committee Chairman Kevin Brady (R-Texas) announced on Saturday that he is planning to include a deduction for local property taxes in an upcoming tax bill, expected to be released by Wednesday. In recent weeks, Brady has met with GOP lawmakers from high-tax states to figure out how the bill would treat state and local taxes. Under current law, taxpayers who itemize can deduct their property taxes as well as their state and local income taxes on their sales taxes. The tax framework that Republicans released last month would repeal the full state and local tax deduction to raise revenue to pay for lowering tax rates. [The Hill]
- Bipartisan group calls to reauthorize funding for community health centers. A bipartisan group of more than 150 lawmakers is calling for Congress to reauthorize funding for community health centers. Community health centers serve more than 25 million people regardless of their ability to pay for medical services and serve some of the nation’s most vulnerable patients. The money accounts for 70 percent of federal grant funding for community health centers, and the dollars – reauthorized in 2015 – expired at the end of September. Without the fund’s renewal, the Department of Health and Human Services estimates that 2,800 health center sites would close, affecting the health care of about 9 million patients. The five bipartisan leaders of the letter have a standalone measure that would reauthorize the fund for five years, with steady increases each year. The House Energy and Commerce Committee also passed a measure to extend funding for two years. [The Hill]
- Trump Administration issues new airport security rules. U.S.-bound passengers are facing a new wave of stricter airline security measures, including tougher bag checks and questioning from ticket agents. Airlines were required to have the standards implemented by Thursday as part of the Trump administration’s effort to increase global aviation security and stay on top of evolving terrorism threats. The protocols, announced this summer, are designed to replace an unpopular ban restricting laptops in carry-on luggage. Passengers on U.S.-bound flights can expect short security interviews from air carriers, either during the check-in process at the ticket counter or before boarding their flight, tougher bag inspections especially on large electronics, extra canine teams, and longer wait times. The new policies will affect all individuals traveling to the United States, whether they are U.S. citizens or not, impacting an average of 2,100 commercial flights and 325,000 airline passengers arriving in the U.S. every day. [The Hill]
Economic Indicators & News
- U.S. consumer spending grows at fastest rate since 2009. U.S. consumer spending increased at the fastest pace in more than eight years in September, as households in Texas and Florida replaced flood-damaged motor vehicles, while underlying inflation did not change much. The Commerce Department reported on Monday that consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 1.0 percent last month after an unrevised 0.1 percent gain in August. The increase, which also included a boost from higher household spending on utilities, was the largest since August 2009. Households used their savings to fund purchase last month, with savings dropping to their lowest level since 2008 without substantial wage growth. Spending on long-lasting goods including autos surged 3.2 percent last month. Outlays on services rose 0.5 percent. [NYTimes]