After a procedural snafu last night, the House officially passed tax reform this morning. Now the bill goes to President Trump's desk to be signed into law.
Jack Hunter, Editor at Rare Politics, explains what happened that forced the House to vote on the bill for a second time. Since Congress is attempting to pass legislation using budget policy, there are a special set of rules that have to be followed. The Senate claimed that the House violated those rules in multiple ways.
President Trump could sign the bill into law as soon as tonight. However, even if it gets signed this week, Americans won't feel the effects of tax reform until next year. Hunter walks through some of the ways your taxes could be impacted.
Dr. Rick Bright is telling Congress that America faces the “darkest winter in modern history” unless its leaders act decisively to prevent a rebound of the coronavirus.
Sen. Richard Burr stepped aside as chairman of the Senate Intelligence Committee after the FBI served a search warrant for his phone as part of an ongoing insider-trading investigation tied to the coronavirus pandemic.
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Stocks are falling in early trading on Wall Street Wednesday, tacking on more losses to their end-of-day slide from a day before.
House Speaker Nancy Pelosi has unveiled a more than $3 trillion new coronavirus aid package. It would provide nearly $1 trillion for states, cities and tribal governments to avert layoffs and another $200 billion in “hazard pay” for essential workers.
Republican Senators Marsha Blackburn and Martha McSally have introduced legislation that would allow U.S. citizens to file lawsuits against the Chinese Communist Party over the COVID-19 pandemic.
Wall Street fell to its biggest loss since the start of the month on worries about the downside of reopening the economy too soon.
Gloria Guevara, World Travel and Tourism Council CEO and president, told Cheddar on Tuesday that travel-related businesses are very eager for people to start taking trips again, however, opening the industry will need to be done in a coordinated way.
Dr. Anthony Fauci, the nation’s top infectious disease expert, is warning Congress and the nation of what he calls "really serious” consequences of suffering, death and deeper economic damage if state and local officials lift stay-at-home orders too quickly.
Broward County Mayor Dale V.C. Holness told Cheddar Monday many of the counties in South Florida have been working together to decide on a reopening date for their communities.
