On Tuesday the House passed the Republican Tax Plan by a 227-203 margin. Politico Tax Reporter Aaron Lorenzo explains the path forward for this legislation in the Senate, and how individuals and corporations will be impacted.
Lorenzo says he expects the GOP plan to pass the Senate, and signed by President Trump before the end of the year. The bill is a $1.5 Trillion tax cut which nearly doubles standard deduction, and cuts the corporate tax rate from 35 percent to 21 percent. Lorenzo says he expect retail to be a big winner, because they do not face a big margin.
According to a recent Gallup Poll, more than half of Americans say the proposed tax cuts would not help their families financial situation, and would not help the U.S. economy.
President Joe Biden is outlining his plan to make all adult Americans eligible for vaccination by May 1 and get the nation back “closer to normal” by the Fourth of July.
Arkansas Gov. Asa Hutchinson defended his decision to keep much of the economy, including schools, open during the pandemic., as well as signing a near-total abortion ban bill.
When the World Health Organization declared a pandemic one year ago on Thursday, it did so only after weeks of resisting the term and maintaining the coronavirus could still be stopped.
Prince William says that his family is not racist, becoming the first British royal to speak out about accusations of bigotry made by Prince Harry and Meghan, his brother and sister-in-law.
Congress has sent President Joe Biden the landmark $1.9 trillion COVID-19 relief bill.
Eisenhower’s interstate system was the biggest infrastructure project of its time. What justified the cost was its potential to connect all corners of America, but the unforeseen impacts of the highway system seemed to do the opposite of the intention.
Dr. Anne Zink, chief medical officer for the state of Alaska, spoke to Cheddar about Alaska's remarkable task of getting COVID vaccines to a widespread populace even as the state opens up eligibility to nearly everyone.
Gov. Mike Dunleavy says Alaska has become the first state to drop eligibility requirements and allow anyone 16 or older who lives or works in the state to get a COVID-19 vaccination.
Buckingham Palace says allegations of racism made earlier this week by Prince Harry and Meghan were “concerning” and would be addressed privately by the royal family.
COVID infections are on the rise in U.S. prisons and are accounting for some of the largest outbreaks. Cheddar's Michelle Castillo reports.
