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).
These are the headlines you Need 2 Know for Tuesday, Jan. 12, 2019.
There's a dearth of research to back up the abundance of miraculous health claims tied to CBD ー but that won't stop celebrities from endorsing it. CBD, or cannabidiol, is a component of cannabis or hemp with little to no psychotropic effects. It is purported to have an array of applications to treat everything from epilepsy to anxiety, pain, depression, and sleeplessness. When Congress and President Trump signed the latest version of the Farm Bill into effect, they also legalized hemp, and thereby CBD derived from hemp.
President Trump and Chinese President Xi Jinping are reportedly considering a meeting at Trump's Mar-a-Lago Resort in March to resume trade talks. But whether or not any major developments will result is a toss-up, former State Department Senior Advisor Christian Whiton told Cheddar.
As a member of the House Intelligence Committee, Rep. Mike Quigley, a Democrat representing Illinois' 5th district ー who worked as a criminal defense attorney before his election to Congress ー said he's focused on the president's finances and foreign investments, like the Trump Tower Moscow project, and how that may have influenced the Trump campaign in 2016.
New York City Council Member Jimmy Van Bramer is owning his status as one of the so-called "job killers" trying to chase Amazon out of Queens. "We should fight for jobs, but we should fight for jobs on our terms, consistent with our values," said Van Bramer, who represents New York's 26th district, which includes the Queens neighborhoods of Long Island City, Astoria, Sunnyside, and Woodside.
Sen. Kamala Harris, weeks into her campaign for president, not only acknowledged that she has smoked pot, but said she isn't opposed to federal legalization of marijuana. "I think it gives a lot of people joy and we need more joy," Harris said, laughing, during an interview on the influential hip-hop radio show The Breakfast Club Monday morning.
These are the headlines you Need 2 Know for Monday, Feb. 11, 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.
Amazon is reportedly having second thoughts about setting up in New York, after growing backlash from local politicians. "They haven't changed their mind, but they are thinking of at least holding open the possibility that they might pull out and basically put the jobs somewhere else," Robert McCartney, senior regional correspondent at The Washington Post, told Cheddar Friday.
Gavin de Becker has been operating in elite, high-profile circles for nearly four decades, but very few knew his name before Jeff Bezos mentioned it on Thursday in his explosive allegations that a tabloid publisher attempted to blackmail him over explicit photos. De Becker, Bezos' longtime private security consigliere, has a star-studded pedigree that spans 40 years.
