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.
Senators Bob Corker (R-TN) and James Lankford (R-OK) want to add a trigger to the bill that would repeal certain tax cuts if growth is weaker than expected. Norquist says the danger of adding a trigger is, "it tells people, please invest $100, million in a new factory. And look at our shiny new tax code. Maybe. Sort of. It might change."
The vote is expected Thursday night or early Friday morning.
For full interview [click here](https://cheddar.com/videos/are-middle-class-americans-benefiting-from-president-trumps-tax-plan).
While Donald Trump stated he would be willing to pardon Capitol Hill insurrectionists should he return to the presidency, the January 6 Committee issued subpoenas to 14 individuals who cast bogus electoral votes for the former president in seven states won by Joe Biden in 2020. Molly Jong-Fast, editor-at-large at The Daily Beast, joined Cheddar News to discuss the ongoing congressional investigation. "It is kind of crazy that every time Trump speaks, he kind of confesses a little more of what he was up to, but you really have to have proof," said Jong-Fast.
Natalie Fertig, federal cannabis policy reporter at Politico Pro, joins Cheddar News to discuss a new YouGov poll that looks at how Americans feel about marijuana and politics.
Alex Ward, National Security Reporter at Politico, joined Wake Up With Cheddar to discuss the latest in a looming international threat as Russia continues aggression against Ukraine, in defiance of Western nations.
The recent Virginia and New Jersey elections are making one trend line pretty clear: voters in this climate will vote on education, and it could be a winning tactic for Republicans.
Virginia's race for governor was defined by, as the Republican candidate and eventual winner described it, "school-choice." Florida Governor Ron DeSantis is taking a page out of Governor Youngkin's playbook for his upcoming reelection bid, over-indexing on themes of education. John Kennedy, Florida capital reporter at Gannett, joins Cheddar News to discuss.
North Korea launched its sixth missile test this month, equaling the total number performed in all of 2021. Cheddar News speaks with Bruce Klinger of the Heritage Foundation on why the regime is suddenly ramping up its weapons testing program.
More than 80 lawmakers are calling for President Biden to release a memo outlining the legal pros and cons regarding the president's authority to cancel student loan debt, the total of which sits around $1.75 trillion. Senator Tina Smith (D-Minn.), joined Cheddar to discuss the memo and support the push to forgive student debt that could potentially have a massive positive impact on the U.S. economy. "I think that would be really helpful for all of us to be able to see as we figure out how we can go forward," she said. "It seems like a simple thing to do, and I hope that the administration will release this memo." For her part, Sen. Smith said she believes the president does have the authority to abolish student loan debt.
