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.
This Changes Things: Advice for the executives and leaders of tomorrow, powered by American Express OPEN. On Between Bells: The year ahead in politics, the best cars of 2018, and why you should eat your feelings. With Salon, Cultura Colectiva, The Drive, and Fast Company.
With President Trump's tax reform bill now signed into law, some major U.S. corporations may now be prompted to bring back their cash from abroad. Raw Story Staff Writer Elizabeth Preza and CRTV Congressional Correspondent Nate Madden explain how people and businesses are reacting to the new tax policy.
Josh Silver, Founder and Director at anti-corruption organization Represent.US, says that gerrymandering and lobbying are the biggest U.S. government woes.
Between Bells brings you the biggest tech, business, and political headlines for December 22, 2017.
Congresswoman Bonnie Watson Coleman represents New Jersey's 12th district. She says a majority of people in the country, and her constituents, will see a tax increase under the new law. The Congresswoman points out that estate tax eliminations will benefit the richest Americans, including President Trump.
VF Hive + Between Bells: We’re joined by the crew at Vanity Fair’s Hive to discuss the latest in politics. Between Bells covers culture, tech, and business.
The Democratic Senator from Rhode Island told Cheddar that the bill was a byproduct of "donor maintenance."
VF Hive contributor Chris Smith joins The Hive to report on what might be the next shoe to drop in Robert Mueller's Russia probe. .
The New York Times Magazine's chief national correspondent Mark Leibovich joins The Hive to talk about House Speaker Paul Ryan's ambitions now that the tax reform bill has cleared Congress.
Congress passed the largest overhaul to the American tax code in over three decades. If and when President Trump signs it into law, will Republicans be able to defend the bill, given its low national approval ratings?
