A pair of Senate Democrats have introduced a measure aimed at discouraging wealthy Americans from avoiding hefty tax bills by renouncing their citizenship.

The president complained that big American oil companies don’t need the extra money, as evidenced by their healthy profits.

Today, Sen. Charles Schumer went before the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) and proposed a one-year “deferred action” legal status to immigrants whose court removal cases have been administratively closed under new immigration initiatives. A long-time proponent of immigrant reform, Senator Schumer has…