tax plan
A Senate Republican tax plan that would repeal the Obamacare mandate and give permanent tax cuts only to U.S. corporations drew fire from 2 Republican lawmakers.
The U.S. dollar climbed on Friday, on track for its first weekly rise in two, as progress of the U.S. tax plan through the Senate raised hopes of boost to the economy.
Some three-quarters of Americans believe the wealthiest should pay more, Reuters/Ipsos polling shows.
The dollar and global borrowing costs rose on Thursday after President Donald Trump proposed the biggest shake-up of the U.S. tax system in three decades.
Trump said he would not negotiate on the Republicans' tax framework proposal to lower the corporate tax rate to 20 percent.