Sen. John McCain said this morning that he would vote in favor of the Republican tax bill. Grover Norquist is the founder and president of Americans for Tax Reform to explain why he's optimistic the bill will pass.
Norquist, who has been bullish on the bill all along, says the fact that McCain's made his announcement now, not later, means "we will have a signed bill for Christmas." He also points out how well the stock market has reacted to McCain's announcement.
Norquist also says that Americans shouldn't be concerned about the rapid passage of the legislation because "the Senate has had 70 hearings on this bill alone." During the vote, in fact, The anti-tax crusader thinks we may see a handful of Democrats who decide to associate themselves with the bill. The vote is expected Thursday night or early Friday morning.
Jill and Carlo talk about the latest from Tokyo including Simone Biles plans to compete in the balance beam final, Dr. Fauci's dire Delta warning, high profile vaccine mandates from employers like Walmart and Disney, and Square's acquisition of Afterpay.
A shortage of ammunition in the U.S. is having an impact on law enforcement agencies, people seeking personal protection, recreational shooters and hunters.
Scientists who studied a big COVID-19 outbreak in Massachusetts concluded that vaccinated people who got so-called breakthrough infections carried about the same amount of the coronavirus as those who did not get the shots.
The Biden administration has announced sweeping new pandemic rules for federal workers and some contractors.
U.S. regulators have taken action that will make it easier to get a cheaper and similar version of a brand-name insulin at the drugstore.
A new interactive tracker from the Atlantic Council shows that 81 countries are at some stage of development with a central bank digital currency, but the U.S. is notably absent from its list of frontrunners.
Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in the clearest sign to date that the nation has achieved a sustained recovery from the pandemic recession.
The number of Americans collecting unemployment benefits slid last week, another sign that the job market continues to recover rapidly from the coronavirus recession.
Fed-watchers had their ears peeled after Wednesday's meeting of the Federal Reserve's Open Market Committee for any signal of when the central bank might start tapering its $120 billion in monthly assets purchases.
President Joe Biden and a bipartisan group of senators have reached a deal over major outstanding issues in a $1 trillion infrastructure bill.
