“Republicans Outline Biggest Tax Code Overhaul In A Generation”

Washington D.C. - President Trump and GOP (Republican) congressional leaders have outlined their plan for the most sweeping overhaul of the federal tax code in more than three decades. The nine-page framework was released on Wednesday. They're proposing deep cuts in both individual and corporate tax rates, saying that will help supercharge a slow-growing economy. "We want tax reform that is pro-growth, pro-jobs, pro-worker, pro-family, and yes, tax reform that is pro-American," Trump said Wednesday during a rally. While many of the details still have to be filled in, House and Senate GOP leaders have been meeting for months with the Treasury secretary and a top White House economic adviser to fashion a plan they can agree on. "Today we are taking the next step to liberate Americans from our broken tax code," said House Speaker Paul Ryan, R-Wis. “This is a once-in-a-generation opportunity, and I guess it’s probably something you could say I’m very good at,” Trump said. “I’ve been waiting for this for a long time.”

In Other News Roku is hoping investors tune in to its initial public offering. The streaming device company said late Wednesday that it intends to sell $219 million of shares, priced $14 each. That would value Roku  at $1.3 billion when it debuts in New York on Thursday. It will list on the Nasdaq under the ticker symbol "ROKU". The company is poised to capitalize on the popularity of streaming content. More than 60% of 18- to 29-year-olds say they watch TV primarily through online streaming, according to a survey released by the Pew Research Center this month. Gov. Jerry Brown has signed a bill to move California's primary elections in 2020 to the beginning of March, three months ahead of when they were held in 2016. It's a move designed to increase the influence of the country's most populous state in deciding presidential candidates. By the June California primary elections in 2016, Hillary Clinton and Donald Trump were already their parties' presumptive nominees. "Candidates will not be able to ignore the largest, most diverse state in the nation as they seek our country's highest office," California Secretary of State Alex Padilla said in a statement about the bill called the Prime Time Primary Act.