5 things for August 31: Harvey, tax reform, sanctuary law, Russia probe, WWII bomb
(CNN)Families,and their pets, are being reunited after getting separated in Harvey.Here’s what elseyou need to know to Get Up to Speed and Out the Door. (You can also get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.)
And the misery is spreading. Communities to the east of Houston are hurting. Beaumont may be without drinking water because the city’s water pump station has failed. In Port Arthur, evacuees had to be evacuated again after flooding drove them from a shelter. There’s fear that a flooded chemical plant northeast of Houston could explode. And one of the largest pipelines between Houston and the East Coast had to be shut down.
Wall Street is in pretty good shape right now, so President Trump pitched his vision of tax reform as a chance to help out Main Street. Speaking in Springfield, Missouri, Trump laid out his goals in broad terms: simplify the tax code and make it more competitive, deliver tax relief for the middle class, and repatriate offshore profits. The President and GOP leaders in Congress plan to get together soon to work on the details, including the business tax rate. Trump wants it dropped to 15%, but congressional leaders think that’s too low. Democrats, who don’t exactly have much power in Washington right now, said Trump’s plan would just turn into a big ol’ tax cut for the rich.
Justice Department special counsel Robert Mueller is reportedly teaming up with New York Attorney General Eric Schneiderman to investigate Paul Manafort and his financial transactions. Since the US President is unable to pardon state crimes, the collaboration could also be seen as an effort to pressure Manafort to cooperate in the broader Russia investigation under Mueller, several people familiar with the matter told Politico. The move is another indication that Mueller is ramping up pressure on Manafort, who served for a time as chairman of President Trump’s campaign. Manafort has not been accused of any wrongdoing, but he is seen as a central figure in Mueller’s investigation into Russia’s 2016 election meddling.
Mueller subpoenas Manafort’s former attorney and spokesman
5. Frankfurt evacuation
World War II ended more than seven decades ago, but the war is still affecting everyday life. More than 60,000 people will have evacuate the center of Frankfurt, Germany, this weekend after a massive bomb from the war was found at a construction site. Police say while there’s no danger to the public, they don’t want to take any risks as the 1.4-ton British bomb is defused. This kind of thing isn’t unheard of: Parts of other German cities have been evacuated after World War II-era bombs were found.