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.
As President Trump prepared to meet on Friday with seven U.S. oil and gas executives at the White House, he announced today that Saudi Arabia and Russia had agreed to enormous cutbacks in their countries' crude production.
New York Gov. Andrew Cuomo made a plea to manufacturers in the state to step up and produce supplies desperately needed to combat the coronavirus outbreak.
The Payroll Protection Program, the centerpiece of the three small business lending programs outlined in the CARES Act, is designed to help businesses keep their employees at a time when income is mostly on pause but expenses are not.
The Democratic National Committee is delaying its convention until the week of Aug. 17. The move comes after prospective nominee Joe Biden said he didn't think it was possible to hold a normal convention in July because of the coronavirus.
The automaker revealed that it will be able to produce 50,000 ventilators in the next 100 days. The ventilators' design has been simplified by the private medical company Airon for easy set-up and quick usage in emergency settings.
It’s April 1, and if you rent your home, chances are good that your rent is due today. But with millions of Americans out of work due to coronavirus, those regular bills are even harder to manage.
President Donald Trump is resisting calls to issue a national stay-at-home order to stem the spread of the new coronavirus. This is despite his administration's projections that tens of thousands of Americans are likely to be killed by the disease.
In a letter to CEOs of DoorDash, Grubhub, Instacart, and Uber, Senator Elizabeth Warren (D-Mass.) called on the employers to provide gig workers with "basic rights and protections" as they perform "essential delivery work."
Stocks are sinking again on Wall Street as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
Former White House communications director Anthony Scaramucci says he's bullish about financial markets, but he's less keen on the way his old boss is handling the coronavirus pandemic.
