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.
In the plan called "A Welcoming and Safe America for All," Sanders said he will use executive action if Congress does not enact the "commonsense immigration reforms supported by the vast majority of Americans."
The Family Friendly Schools Act introduced by Sen. Harris (D-Calif.) would create a pilot program to provide schools the resources needed to stay open until 6 p.m. and provide additional care on many days that schools are otherwise closed.
The ordinance, which passed with roughly 70 percent of votes, puts limitations on the number of short-term rental units in residential buildings and mandates safety inspections and an array of other compliance measures.
While estimates vary, the IPO is expected to value Saudi Aramco at roughly $1.5 trillion, making it the most profitable company in the world. Shares are expected to begin trading on the Tadawul, the stock exchange in Riyadh, in the coming months.
These are the headlines you Need 2 Know for Monday, November 4, 2019.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
In its monthly jobs report released Friday, the Bureau of Labor Statistics (BLS) also reported that unemployment last month remained largely unchanged at 3.6 percent or 5.9 million people.
The leaders of both nations were set to ink the so-called "phase one" trade agreement at the Asia-Pacific Economic Cooperation (APEC) summit in Chile next month. However, the summit was canceled due to civil unrest in Santiago, Chile's capital.
These are the headlines you Need 2 Know for Thursday, October 31, 2019.
These are the headlines you Need 2 Know for Wednesday, October 30, 2019.
