Cheddar's J.D. Durkin reports live from Capitol Hill about the big news surrounding the GOP Tax Reform Bill. After rectifying a procedural snafu in the House vote, President Trump will get one step closer to his first big legislative victory this afternoon.
The White House is planning a "major tax event" for later this afternoon. The administration stresses that this will not ber a formal signing of the bill.
J.D. also reports on the news out of Alabama. Eight days after the special election there, Judge Roy Moore has yet to concede, even though there is a 21,000-vote difference between himself and his challenger, Democrat Doug Jones. Jones is in the lead. Moore and supporters are mounting a $75,000 fundraising effort to launch an investigation into any possible voter fraud.
The U.S. Treasury Department has changed the standard for what kind of electric vehicles qualify for a federal tax benefit under the Inflation Reduction Act.
New York Republican Rep. George Santos is temporarily stepping down from his congressional committee assignments amid ongoing investigations surrounding his fabrications.
British energy giant BP predicts that fossil fuels as a primary energy source will decline from 80 percent in 2019 to between 55 and 20 percent in 2050.
The costs of COVID-19 vaccines are expected to skyrocket once the government stops buying them, with Pfizer saying it will charge as much as $130 per dose, and millions of people are expected to be kicked off of Medicaid.
TikTok CEO Shou Zi Chew will testify before Congress in March about the app's security and its ties to China.
The House Speaker said he wants to address spending cuts along with raising the debt limit, even though the White House has ruled out linking those two issues together as the government tries to avoid a potentially devastating financial default.
The Federal Reserve's preferred gauge of inflation showed the pace of price increases is slowing.
Newly released video shows the husband of former U.S. House Speaker Nancy Pelosi fighting for control of a hammer with his assailant during a brutal attack in the couple’s San Francisco home last year.
The Biden administration released the "renters' bill of rights" as rent prices soar.
President Joe Biden touted the administration's economic achievements in a Virginia speech, while bashing Republicans for their handling of the nation's debt ceiling.
