Republicans celebrated their first legislative win of the year Wednesday, after both houses of Congress passed a sweeping tax reform package.
But one Democratic congresswoman told Cheddar there’s still hope for constituents who remain opposed to the bill.
“Stay mobilized, let your voice be heard,” Representative Bonnie Watson Coleman (D-NJ) said Wednesday morning, after the Senate voted, but before the House reconvened. “Nothing is permanent but death and taxes, and we can do something about these taxes and we can do something about the makeup of this Congress.”
The president and his party leaders gathered Wednesday afternoon to praise the benefits of the tax system overhaul, which drops the corporate tax rate from 35 to 21 percent, nearly doubles the standard deduction for individuals, and lowers the tax rate for most income brackets.
While the GOP says the long-overdue changes will provide a boost to the economy, Democrats dispute that claim and say the bill will largely benefit the wealthiest Americans and balloon the deficit.
The bill does appear to be broadly unpopular. A recent CNN poll found that 55 percent of respondents opposed the legislation, a 10 percentage point increase since last month. Still, it passed the House by a vote of 224-201 Wednesday afternoon, with only 12 Republican naysayers.
Republicans also took to Twitter to cheer the victory. President Donald Trump posted a gif that read “Tax Cut for Christmas”.
For full interview [click here](https://cheddar.com/videos/rep-bonnie-watson-coleman-d-nj-says-voters-can-change-the-makeup-of-congress-in-2018).
House Democrats announced two articles of impeachment against President Donald Trump Tuesday morning: abuse of power and obstruction of Congress.
The lawyers for both parties on the Intelligence Committee where the initial public hearings were held last month, had the opportunity to present findings from their respective investigations.
The company confirmed late Friday that it will move 1,500 employees into 350,000 square feet of space in a new building in the Hudson Yards development on the far west side of Manhattan.
These are the headlines you Need 2 Know for Monday, December 9, 2019.
Rep. Debbie Mucarsel-Powell said the House Judiciary Committee could be drafting the articles as early as next week, but while abuse of power is sure to be included, she is unsure if other articles, like obstruction of justice and obstruction of Congress, will be drafted.
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.
Chris Walsh, founding editor and vice president, will take over at the start of 2020. Cheddar caught up with Walsh in advance of his new appointment to hear his thoughts on MJBizCon, vaping, cannabis politics, and the future of the industry.
The numbers crushed analyst expectations of 180,000. However, the strong numbers could make it unlikely the Federal Reserve will cut interest rates for a fourth time this year.
These are the headlines you Need 2 Know for Friday, December 6, 2019
House Speaker Nancy Pelosi said at a press conference on Thursday that she is formally asking the House Judiciary Committee to draft articles of impeachment against Trump over his actions toward Ukraine, saying "the president leaves us no choice but to act."
