Politics

North Korea carried out its first missile test in more than two months earlier this week, ending the longest stretch of calm since President Trump took office. But according to satellite images exclusively obtained by Fox News, the North Korean military is already constructing another launch pad at the Panghyon Airbase in North Pyongyang - the same site where it carried out its July 4 launch of an ICBM.

This suggests that the North is already preparing for its next missile test.

Following a report from the Joint Committee on Taxation, which unveiled late on Thursday afternoon that the Senate Tax bill would generate enough economic growth to lower its $1.4 trillion revenue cost by only about $458 billion over a decade - in other words it would still boost the deficit by roughly $1 trillion - in a dramatic showdown on the Senate floor, GOP leaders agreed to effectively increase taxes by $350 billion in response to a procedural ambush by deficit hawks led by Sen. Bob Corker that nearly killed the GOP tax reform bill.

Authored by Ryan McMaken via The Mises Institute,

The tax "reform" currently being discussed in Washington is mostly a political exercise for politicians who can use the process to extract more campaign contributions from supporters, and punish non-supporters. The actual tax burden imposed on Americans overall will change little.

Adam Schiff, the ranking member of the Intelligence Committee, has accused Attorney General Jeff Sessions of refusing to disclose information of vital importance to his committee’s probe into collusion between the Russians and the Trump campaign by relying on a loose interpretation of executive privilege.

It's deja vu all over again in Saudi Arabia. Al Arabiya reports that a ballistic missile from Yemen has been intercepted on Thursday by Saudi air defense forces in southern city of Khamis Mushait in the south western province of Assir.

The missile attack is the second this month since the November 4 missile intercepted near King khalid International Airport in Riyadh.

Notably, Huthi TV is claiming that the missile "hit the target"...