Updated at 3:10 p.m. ET

House Republicans unveiled a draft tax bill on Thursday, calling for deep cuts in both individual and corporate tax rates.

"With this bill, we will grow our economy by delivering more jobs, fairer taxes, and bigger paychecks to Americans of all walks of life," said Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee.

Updated at 1:55 p.m. ET

As Republicans scrambled to assemble a tax overhaul bill, Americans weren't even sure that Congress should be focusing on reshaping the tax system.

Only about one-quarter of Americans believe that passing a tax overhaul should be "the top priority for the president and Congress," according to a CBS News poll released Wednesday; 70 percent said other things should be "addressed first." And even Republicans aren't particularly enthused: Only about half (51 percent) said an overhaul should be the top issue.

Nearly half of Connecticut’s high earners say they might leave the state in the next five years because of the state’s budget crisis and a ballooning cost of living. That’s according to a new survey from Sacred Heart University.

Updated at 10:24 a.m. ET

Marching down Pennsylvania Avenue to send a message to Congress is a classic move in presidential political theater, and Tuesday is President Trump's inaugural performance. Trump makes his first visit to Capitol Hill to meet with Senate Republicans at their weekly meeting and the message is clear: Pass a tax cut.

Updated at 4:11 p.m. ET.

The Dow Jones industrial average on Tuesday briefly topped 23,000 for the first time, crossing another milestone amid better-than-expected earnings reports and concerns that stocks are approaching another bubble.

But the 30-stock index ended the day at 22,997.44, up 40.48 points.

The Dow finished above 22,000 for the first time on Aug. 2.

Chion Wolf / WNPR

Coming up: We sit down with Chuck Collins, senior scholar at the Washington, D.C.-based Institute for Policy Studies.

But first: A look at how researchers are working to preserve the world's most endangered languages -- including locally-based efforts to expand fluency of the Mohegan language

creative commons

A feud between President Trump and "Liddle Bob Corker," Republican Senator from Tennessee, is creating tension between the president and the GOP. This is on top of reports that Secretary of State Rex Tillerson called Trump a "moron." 

Jonathan McNicol / WNPR

Note: This episode contains strong language.

There are 203 ballparks currently being used by affiliated, professional baseball teams in the United States: 30 in the Major Leagues, 23 spring training facilities used by the big league clubs and their Rookie League affiliates, and 150 Minor League stadiums spread over six levels of baseball.

The last three of those 203 parks opened this season: The Ballpark of the Palm Beaches, the new spring training facility for the Houston Astros and the Washington Nationals; SunTrust Park in Atlanta, where the Braves play.

Updated at 5:00 p.m. ET

President Trump and GOP congressional leaders have outlined their plan for the most sweeping overhaul of the federal tax code in more than three decades.

They're proposing deep cuts in both individual and corporate tax rates, saying that will help supercharge a slow-growing economy.

"We want tax reform that is pro-growth, pro-jobs, pro-worker, pro-family, and yes, tax reform that is pro-American," Trump said Wednesday during a rally at the Indiana State Fairgrounds.

Connecticut’s municipalities have blasted all sides in the ongoing state budget impasse. Town and city officials spoke out after Governor Dannel Malloy issued a report claiming that state aid to municipalities has grown more than 20 percent in the last five years. 

Debora Cartagena / CDC

The American Cancer Society has blasted Connecticut Democrats’ latest budget proposal, which would raise the state’s tobacco tax, but take away money to help people quit the habit. 

Dan Moyle / Creative Commons

A longtime observer of Connecticut’s economy says plans to cut education grants to towns as a way of balancing the state budget could end up damaging the housing market. 

As Connecticut approaches the end of the second month without a state budget, Democratic legislative leaders say they’ll present their revised final state budget plan this week. The proposal is expected to include a controversial sales tax increase.  

Siri Stafford/Digital Vision / Thinkstock

Connecticut’s sales tax-free week goes ahead from this Sunday, despite the state’s continuing fiscal crisis. The Department of Revenue Services has estimated it will forgo about $4 million in sales tax during the course of the week.

U.S. Representative John Larson, D-CT1, announced on Tuesday that he’ll be introducing a $1 trillion infrastructure proposal when Congress resumes in September. The lawmaker says the money would be raised from a carbon tax.