By David Morgan WASHINGTON (Reuters) - Nearly $1 trillion of taxes imposed by the Affordable Care Act will remain in place if the Senate fails to adopt legislation to dismantle the law known as Obamacare, the top Republican on tax policy in the House of Representatives said on Monday. House Ways and Means Committee Chairman Kevin Brady told reporters there are no plans to use future tax reform legislation as a secondary route for abolishing the Obamacare levies, should the Senate healthcare effort stall. President Barack Obama's signature healthcare law is funded by a range of taxes on businesses, individuals and investments that Republicans have long sought to eliminate as part of their drive to demolish Obamacare.
CNN has retracted a story linking an ally of Donald Trump to a Russian bank, amid an FBI investigation into alleged ties between campaign aides and Moscow. The story of Trump campaign team executive Anthony Scaramucci's ties to the Kremlin-controlled Russian Direct Investment Fund was false, prompting many to accuse the outlet of "fake news". Mr Scaramucci, who founded investment firm SkyBridge Capital, responded via Twitter that the network did the "right thing".
By Andrea Shalal BERLIN (Reuters) - A list of 13 demands submitted by four Arab states to Qatar as a condition to lift their boycott on the Gulf country is "very provocative" because some items challenge Doha's sovereignty, German Foreign Minister Sigmar Gabriel said on Monday. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt imposed a boycott on Qatar three weeks ago, accusing it of backing militants - then issued an ultimatum, including demands that it shut down a Turkish military base in Doha.
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