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.
A full transcript of President Trump's statement from the Diplomatic Reception Room at the White House on Monday morning addressing the mass shootings that took place over the weekend.
President Trump denounced white supremacy and called for a bipartisan effort to combat gun violence on Monday, two days after back-to-back mass shootings in El Paso, Texas and Dayton, Ohio killed nearly 30 people and shocked the nation. He did not propose any major overhaul to gun control legislation.
President Trump announced a deal with the European Union on Friday that will nearly triple the amount of U.S. beef exported to Europe in the coming years. The hike in U.S. beef exports to the EU will boost the industry’s sales in Europe from $150 million to an estimated $420 million annually.
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.
Stock markets worldwide tumbled on Friday following President Trump’s announcement that the U.S. will impose tariffs on $300 billion worth of Chinese imports. Trade groups across industries also came out in fierce opposition to the move, which is the latest escalation in the now years-long trade dispute between the U.S. and China.
The U.S. is escalating the enduring trade war with China with a new round of 10 percent tariffs that will be imposed on $300 billion worth of Chinese imports, President Trump announced Thursday.
The candidate from Hawaii doubled-down on her criticism of the California Senator regarding her record on criminal justice policies like the death penalty and marijuana prosecution.
On Thursday, four major progressive groups announced they will team up this month to use their collective force to put more pressure on lawmakers to open formal impeachment proceedings against President Trump.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
These are the headlines you Need 2 Know for Thursday, August 1, 2019.
