While the GOP’s $1.5 trillion overhaul of the tax code is controversial, New Hampshire’s Governor says the bill fits the Granite State. “Middle-income America really takes the advantage of income benefit,” Governor Chris Sununu told Cheddar Monday. The Republican Governor says that he doesn’t agree with everything in the plan, such as the removal of student tax reduction, and will push for it to be included in the final bill. Sununu says it’s disheartening that the Democratic party is not contributing to the bill, as no Democrat voted in favor of the bill. “New Hampshire is a state where our students typically have a high level of debt,” he said. But, he adds, “it doesn’t mean that if we don’t get it, we are going to be against the entire bill.” Many Democrats argue that the tax plan will destroy the American middle class and have nicknamed the bill “the Republican Tax Scam.” Democratic Leader Nancy Pelosi released a statement that said that Congress should scrap the bill and start over. “In the middle of the night, Senate Republicans sealed their betrayal of the American middle class. Tens of millions of middle class families will be slapped with a tax hike, just so Republicans can give a handout to their billionaire and corporate donor friends,” Pelosi said. “Americans will face higher premiums or go uninsured, watch more good-paying jobs shipped overseas, and see crushing debt dumped onto their children’s future.” Despite the naysayers, the bill moved forward as the Senate voted 51-49 pro tax plan this past week, exactly a month after the bill was introduced to the House. Congress will now reconcile both bills via a committee tasked with negotiating differences. Sununu is happy with Congress moving the bill forward. “I’m very confident that what has been passed is good,” he said. “From here it can potentially only get better.” For full interview [click here.] ( https://cheddar.com/videos/how-millennials-are-helping-to-fight-the-opioid-epidemic-in-new-hampshire)

Share:
More In Politics
Trump administration appeals ruling blocking firing of Fed Governor
President Donald Trump's administration is appealing a ruling blocking him from immediately firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal was filed Wednesday, hours after U.S. District Judge Jia Cobb handed down the ruling. The White House insists the Republican president had the right to fire Cook over mortgage fraud allegations involving properties in Michigan and Georgia from before she joined the Fed. Cook's lawsuit denies the allegations and says the firing was unlawful. The case could soon reach the Supreme Court, which has allowed Trump to fire members of other independent agencies but suggested that power has limitations at the Fed.
Al Sharpton to lead pro-DEI march through Wall Street
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
Embattled Fed Gov. Lisa Cook says she’ll sue Trump to keep her job
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Load More