Trump in tax meeting amid fight with Republican senatorWASHINGTON (Reuters) - President Donald Trump began talks with Republican senators on Tuesday to try to build consensus for proposed tax cuts in a meeting that was overshadowed by an exchange of insults between the president and one of the lawmakers. Trump has asked his fellow Republicans who control Congress to pass a package of tax cuts, including a deep reduction in the corporate income tax, by year’s end.  But hours before he was to promote the tax plan at a weekly lunch for Republican senators on Capitol Hill, Trump engaged in a distracting tussle with one of those lawmakers: Bob Corker, a leading fiscal hawk and the head of the Senate Foreign Relations Committee.  “Bob Corker, who ... couldn’t get elected dog catcher in Tennessee, is now fighting Tax Cuts,” Trump wrote on Twitter, later adding that the senator is “incompetent.” Trump arrived at the Capitol building with Senate Majority Leader Mitch McConnell for the lunch and gave a thumbs up to waiting reporters.  A protester threw a handful of small Russian flags toward Trump and shouted comments about accusations of collusion between his presidential campaign and Moscow. Both Trump and Russia deny colluding but a special counsel appointed by the U.S. Justice Department and congressional committees are looking into the matter. Alienating any members of his own party could be costly for Trump’s legislative initiatives in the Senate because Republicans control the chamber by just a slim 52-48 margin.     Corker warned Trump in television interviews against interfering in congressional efforts to finalize the legislation to cut taxes and called the president’s visit with Senate Republicans “a photo op.” “Hopefully, the White House will step aside and let that occur in a normal process,” the Tennessee Republican told NBC’s “Today” program. “That’s the best way for us to have success.” Corker also described Trump in a Twitter post as “an utterly untruthful president,” and in television interviews accused Trump of debasing the United States. House of Representatives Speaker Paul Ryan urged reporters to ignore the Trump-Corker spat and concentrate on the tax plan. “Put this Twitter dispute aside. The fact is we have an historic chance of fixing this tax code,” Ryan said. Ryan added that he knows Corker well and predicted that the senator is “going to vote for tax reform.” Ryan said he wants the House to pass the Republican tax cut bill by the Nov. 23 U.S. Thanksgiving holiday, echoing Trump’s call to speed up the party’s efforts to get the measure approved before year’s end. CNBC reported that Republicans plan to release their tax bill on Nov. 1 after an expected House vote on Thursday on a Senate-approved budget plan. House leaders are eager to get a tax bill voted on before the Dec. 8 deadline for a possible government shutdown comes into view, as it is likely to distract from the tax overhaul, financial firm Cowen and Co. said in a research note.  “The Senate time-frame on taxes remains much more of a mystery with a Senate Finance draft likely in the late November/early December time frame,” Cowen analyst Chris Krueger said.  Securing congressional passage of his tax plan is critically important to Trump, who has yet to get major legislation through Congress since taking office in January, including a healthcare overhaul he promised as a candidate last year. Tax cuts were another of Trump’s campaign pledges.  The White House argues that tax cuts are needed to boost economic growth and create jobs, but has shown sensitivity in recent weeks to arguments that it is endangering America’s long-term fiscal health.  Trump said he believed the tax overhaul would help bring in $4 trillion in foreign profits from U.S. companies. “It’s going to bring back, I would say, $4 trillion back into this country,” Trump told reporters in the Oval Office. “Nobody even knows the amount,” Trump said. Market analysts estimate that about $2.6 trillion in profits is being held offshore by U.S. multinationals to avoid the current 35 percent U.S. corporate income tax. Trump’s tax plan would require multinationals to bring in, or repatriate, those profits at a sharply reduced tax rate payable over several years. One of the key elements of the proposal is to slash the corporate income tax rate to 20 percent from 35 percent. While the broad parameters of the tax proposal have been made public, detailed legislation has not yet been unveiled. Democrats have painted Trump’s plan, with its $6 trillion in tax cuts, as a gift to the rich and corporate America that would balloon the federal deficit.  Trump promised on Monday to protect a popular retirement program as Republican lawmakers seek ways to pay for the proposed cuts.     politicsNews
trump tax meeting amid fight republican senatorwashington reuters president donald trump began talks republican senators tuesday try build consensus proposed tax cuts meeting overshadowed exchange insults president one lawmakers trump asked fellow republicans control congress pass package tax cuts including deep reduction corporate income tax year end but hours promote tax plan weekly lunch republican senators capitol hill trump engaged distracting muscle one lawmakers bob corner leading fiscal hawk head senate foreign relations committee bob corner get elected dog catcher tennessee fighting tax cuts trump wrote twitter later adding senator trump arrived capitol building senate majority leader mitch mcconnell lunch gave thumbs waiting reporters a protester threw handful small russian flags toward trump shouted comments accusations collusion presidential campaign moscow both trump russia deny colliding special counsel appointed justice department congressional committees looking matter alienating members party could costly trump legislative initiatives senate republicans control chamber slim margin corner warned trump television interviews interfering congressional efforts finalize legislation cut taxes called president visit senate republicans photo hopefully white house step aside let occur normal process tennessee republican told nbc today program that best way us corner also described trump twitter post utterly truthful president television interviews accused trump debating united states house representatives speaker paul ryan urged reporters ignore spat concentrate tax plan put twitter dispute aside the fact historic chance fixing tax code ryan said ryan added knows corner well predicted senator going vote tax ryan said wants house pass republican tax cut bill thanksgiving holiday echoing trump call speed party efforts get measure approved year end cnbc reported republicans plan release tax bill expected house vote thursday budget plan house leaders eager get tax bill voted deadline possible government shutdown comes view likely distract tax overhaul financial firm cohen said research note the senate taxes remains much mystery senate finance draft likely late december time frame cohen analyst chris krueger said securing congressional passage tax plan critically important trump yet get major legislation congress since taking office january including healthcare overhaul promised candidate last year tax cuts another trump campaign pledges the white house argues tax cuts needed boost economic growth create jobs shown sensitivity recent weeks arguments endangering america fiscal health trump said believed tax overhaul would help bring trillion foreign profits companies it going bring back i would say trillion back country trump told reporters oval office nobody even knows amount trump said market analysts estimate trillion profits held offshore multinational avoid current percent corporate income tax trump tax plan would require multinational bring repatriated profits sharply reduced tax rate payable several years one key elements proposal slash corporate income tax rate percent percent while broad parameters tax proposal made public detailed legislation yet unveiled democrats painted trump plan trillion tax cuts gift rich corporate america would balloon federal deficit trump promised monday protect popular retirement program republican lawmakers seek ways pay proposed cuts politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump in tax meeting amid fight with Republican senatorWASHINGTON (Reuters) - President Donald Trump began talks with Republican senators on Tuesday to try to build consensus for proposed tax cuts in a meeting that was overshadowed by an exchange of insults between the president and one of the lawmakers. Trump has asked his fellow Republicans who control Congress to pass a package of tax cuts, including a deep reduction in the corporate income tax, by year’s end.  But hours before he was to promote the tax plan at a weekly lunch for Republican senators on Capitol Hill, Trump engaged in a distracting tussle with one of those lawmakers: Bob Corker, a leading fiscal hawk and the head of the Senate Foreign Relations Committee.  “Bob Corker, who ... couldn’t get elected dog catcher in Tennessee, is now fighting Tax Cuts,” Trump wrote on Twitter, later adding that the senator is “incompetent.” Trump arrived at the Capitol building with Senate Majority Leader Mitch McConnell for the lunch and gave a thumbs up to waiting reporters.  A protester threw a handful of small Russian flags toward Trump and shouted comments about accusations of collusion between his presidential campaign and Moscow. Both Trump and Russia deny colluding but a special counsel appointed by the U.S. Justice Department and congressional committees are looking into the matter. Alienating any members of his own party could be costly for Trump’s legislative initiatives in the Senate because Republicans control the chamber by just a slim 52-48 margin.     Corker warned Trump in television interviews against interfering in congressional efforts to finalize the legislation to cut taxes and called the president’s visit with Senate Republicans “a photo op.” “Hopefully, the White House will step aside and let that occur in a normal process,” the Tennessee Republican told NBC’s “Today” program. “That’s the best way for us to have success.” Corker also described Trump in a Twitter post as “an utterly untruthful president,” and in television interviews accused Trump of debasing the United States. House of Representatives Speaker Paul Ryan urged reporters to ignore the Trump-Corker spat and concentrate on the tax plan. “Put this Twitter dispute aside. The fact is we have an historic chance of fixing this tax code,” Ryan said. Ryan added that he knows Corker well and predicted that the senator is “going to vote for tax reform.” Ryan said he wants the House to pass the Republican tax cut bill by the Nov. 23 U.S. Thanksgiving holiday, echoing Trump’s call to speed up the party’s efforts to get the measure approved before year’s end. CNBC reported that Republicans plan to release their tax bill on Nov. 1 after an expected House vote on Thursday on a Senate-approved budget plan. House leaders are eager to get a tax bill voted on before the Dec. 8 deadline for a possible government shutdown comes into view, as it is likely to distract from the tax overhaul, financial firm Cowen and Co. said in a research note.  “The Senate time-frame on taxes remains much more of a mystery with a Senate Finance draft likely in the late November/early December time frame,” Cowen analyst Chris Krueger said.  Securing congressional passage of his tax plan is critically important to Trump, who has yet to get major legislation through Congress since taking office in January, including a healthcare overhaul he promised as a candidate last year. Tax cuts were another of Trump’s campaign pledges.  The White House argues that tax cuts are needed to boost economic growth and create jobs, but has shown sensitivity in recent weeks to arguments that it is endangering America’s long-term fiscal health.  Trump said he believed the tax overhaul would help bring in $4 trillion in foreign profits from U.S. companies. “It’s going to bring back, I would say, $4 trillion back into this country,” Trump told reporters in the Oval Office. “Nobody even knows the amount,” Trump said. Market analysts estimate that about $2.6 trillion in profits is being held offshore by U.S. multinationals to avoid the current 35 percent U.S. corporate income tax. Trump’s tax plan would require multinationals to bring in, or repatriate, those profits at a sharply reduced tax rate payable over several years. One of the key elements of the proposal is to slash the corporate income tax rate to 20 percent from 35 percent. While the broad parameters of the tax proposal have been made public, detailed legislation has not yet been unveiled. Democrats have painted Trump’s plan, with its $6 trillion in tax cuts, as a gift to the rich and corporate America that would balloon the federal deficit.  Trump promised on Monday to protect a popular retirement program as Republican lawmakers seek ways to pay for the proposed cuts.     politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump tax meeting amid fight republican senatorwashington reuters president donald trump began talks republican senators tuesday try build consensus proposed tax cuts meeting overshadowed exchange insults president one lawmakers trump asked fellow republicans control congress pass package tax cuts including deep reduction corporate income tax year end but hours promote tax plan weekly lunch republican senators capitol hill trump engaged distracting muscle one lawmakers bob corner leading fiscal hawk head senate foreign relations committee bob corner get elected dog catcher tennessee fighting tax cuts trump wrote twitter later adding senator trump arrived capitol building senate majority leader mitch mcconnell lunch gave thumbs waiting reporters a protester threw handful small russian flags toward trump shouted comments accusations collusion presidential campaign moscow both trump russia deny colliding special counsel appointed justice department congressional committees looking matter alienating members party could costly trump legislative initiatives senate republicans control chamber slim margin corner warned trump television interviews interfering congressional efforts finalize legislation cut taxes called president visit senate republicans photo hopefully white house step aside let occur normal process tennessee republican told nbc today program that best way us corner also described trump twitter post utterly truthful president television interviews accused trump debating united states house representatives speaker paul ryan urged reporters ignore spat concentrate tax plan put twitter dispute aside the fact historic chance fixing tax code ryan said ryan added knows corner well predicted senator going vote tax ryan said wants house pass republican tax cut bill thanksgiving holiday echoing trump call speed party efforts get measure approved year end cnbc reported republicans plan release tax bill expected house vote thursday budget plan house leaders eager get tax bill voted deadline possible government shutdown comes view likely distract tax overhaul financial firm cohen said research note the senate taxes remains much mystery senate finance draft likely late december time frame cohen analyst chris krueger said securing congressional passage tax plan critically important trump yet get major legislation congress since taking office january including healthcare overhaul promised candidate last year tax cuts another trump campaign pledges the white house argues tax cuts needed boost economic growth create jobs shown sensitivity recent weeks arguments endangering america fiscal health trump said believed tax overhaul would help bring trillion foreign profits companies it going bring back i would say trillion back country trump told reporters oval office nobody even knows amount trump said market analysts estimate trillion profits held offshore multinational avoid current percent corporate income tax trump tax plan would require multinational bring repatriated profits sharply reduced tax rate payable several years one key elements proposal slash corporate income tax rate percent percent while broad parameters tax proposal made public detailed legislation yet unveiled democrats painted trump plan trillion tax cuts gift rich corporate america would balloon federal deficit trump promised monday protect popular retirement program republican lawmakers seek ways pay proposed cuts politicsnews