Perils Abroad, Full Plate At Home As Trump Opens 2nd Year - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Washington Wire RSS Get our newsletter
Order Prints
January 2, 2018 Washington Wire
Share
Share
Post
Email

Perils Abroad, Full Plate At Home As Trump Opens 2nd Year

Associated Press

WASHINGTON (AP) — The glamour of his holiday break behind him, President Donald Trump returned to the White House on Monday night to face a hefty legislative to-do list, critical midterm elections and perilous threats abroad.

Trump started his second year in Washington after a lengthy sojourn at his private club in Palm Beach, Florida, capped by a New Year's Eve bash. Before his departure for the capital, he fired angry tweets at Iran and Pakistan, slamming Islamabad for "lies & deceit" and saying the country had played U.S. leaders for "fools," a reference to frustrations that Pakistan isn't doing enough to control militants.

Pakistani Foreign Minister Khawaja Asif tweeted that his government was preparing a response that "will let the world know the truth."

Meantime, North Korean leader Kim Jong Un said Monday the United States should be aware that his country's nuclear forces are now a reality, not a future threat. To that, Trump only said: "We'll see."

The president is hoping for more legislative achievements after his pre-Christmas success on taxes. He plans to host Senate Majority Leader Mitch McConnell of Kentucky and House Speaker Paul Ryan of Wisconsin at Camp David next weekend to map out the 2018 legislative agenda.

Republicans are eager to make progress before attention shifts to the midterm elections. The GOP wants to hold House and Senate majorities in 2018, but must contend with Trump's historic unpopularity and some recent Democratic wins.

The president concluded 2017 with his first major legislative achievement — a law to cut taxes, beginning this year, for corporations and individuals at an estimated cost of $1.5 trillion added to the national debt over 10 years. The tax overhaul also will end the requirement, in 2019, that all Americans buy health insurance or pay a fine. That's a key component of the Obama-era health law that that Republicans have been unable to repeal; other features of the law remain intact.

The White House has said Trump will come forward with his long-awaited infrastructure plan in January. Trump has also said he wants to overhaul welfare and recently predicted Democrats and Republicans will "eventually come together" to develop a new health care plan.

Ryan has talked about overhauling Medicaid and Medicare and other safety-net programs, but McConnell has signaled an unwillingness to go that route unless there's Democratic support for any changes. Republicans will have just a 51-49 Senate majority — well shy of the 60 votes needed to pass most bills — giving leverage to Democrats.

Congress also has to deal with a backlog from 2017. It must agree on a spending bill by Jan. 19 to avert a partial government shutdown.

Lawmakers also have unfinished business on additional aid to for hurricane victims, lifting the debt ceiling, extending a children's health insurance program and extending protections for immigrants brought to the U.S. illegally as children. Trump has said he wants money for a border wall in exchange for protecting those immigrants.

Trump spent his last day in Florida as he spent most other days — visiting his golf course and tweeting.

On Pakistan, he said: "The United States has foolishly given Pakistan more than 33 billion dollars in aid over the last 15 years, and they have given us nothing but lies & deceit, thinking of our leaders as fools. They give safe haven to the terrorists we hunt in Afghanistan, with little help. No more!"

It was not immediately clear why the president decided to comment on Pakistan. The U.S. has long accused Islamabad of allowing militants to operate relatively freely in Pakistan's border regions to carry out operations in neighboring Afghanistan. In August, the United States said it would hold up $255 million in military assistance for Pakistan until it cracks down on extremists threatening Afghanistan.

On Iran, Trump kept up his drumbeat in support of widespread anti-government protests there. He tweeted Monday that Iran is "failing at every level" and it is "TIME FOR CHANGE."

While some Iranians have shared Trump's tweets, many distrust him as he's refused to re-certify the nuclear deal that eased sanctions on the country and because his travel bans have blocked Iranians from getting U.S. visas.

Older

Lawmakers drop objection to cuts in Medicaid reimbursement

Newer

Congress Set For Return To Busy Agenda That Includes Health Care Reform

Advisor News

  • How advisors can help frugal retirees finally enjoy their savings
  • Wealth planning vs. estate planning: Honoring your client’s wishes
  • What to discuss during the first retirement planning meeting
  • Inflation, competing priorities and uncertainty erode retirement security
  • As health premiums rise, 1 in 8 workers cut retirement savings
More Advisor News

Annuity News

  • Jackson Announces New Annuity Offering for AARP Members
  • National Life Group expands annuity portfolio
  • AM Best to Join Life/Annuity Insurance-Focused Panel Discussion at Capitol Forum Event
  • USAA Earns No. 1 Ranking in JD Power Individual Annuity Study for the Third Consecutive Year
  • How flexible annuities fit today’s retirement portfolios
More Annuity News

Health/Employee Benefits News

  • Enrollment is open for Affordable Care Act coverage. What do New Mexicans need to know?
  • A Smarter Approach to Employee Health Insurance Costs
  • Are GLP-1s Good for Business? The Jury Says …
  • Closing gaps in group disability coverage
  • STATE AUDITOR JAMES BROWN REMINDS MONTANANS TO UTILIZE ACA OPEN ENROLLMENT PERIOD, CAREFULLY REVIEW ANY LIMITED PARTNER' PLANS
More Health/Employee Benefits News

Life Insurance News

  • Corebridge Financial Announces Third Quarter 2026 Results
  • MassMutual announces record $3.3 billion policyowner dividend for 2027
  • Protective Completes Acquisition of Obsidian, Establishing Specialty Property and Casualty Business Line
  • Jackson Announces New Annuity Offering for AARP Members
  • Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.