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).
Political spectators are readying themselves for a midterm fight to the finish, but Gov. John Carney of Delaware thinks they would do well to focus on the issues ー not just winning the race. "It seems like we get bogged down in the politics of our own teams," Carney said of the divisive state of politics during an interview with Cheddar Monday. "It gets in the way of improving things that are important."
Amazon, Alphabet, Twiter, and other big tech companies are set to report quarterly earnings this week. Elon Musk says The Boring Company's high-speed transit tunnel will be open to the public on December 10. And Zane Holtz, star of the upcoming film 'Hunter Killer,' joins Cheddar to discuss what it's like working with big-name talent such as Gary Oldman and Gerard Butler in this new movie.
Valerie Plame Wilson says a movie about the George W. Bush White House's exposure of her covert role as a CIA agent is more relevant than ever in the Trump era of "lies and deception." Plame spoke to Cheddar Monday alongside director Doug Liman on the occasion of the re-release of Liman's 2010 film "Fair Game."
The Massachusetts Senator has urged the Fed once again to put pressure on Wells Fargo for its fake bank account scandal. Pete Schroeder, a financial correspondent at Reuters, said this rhetoric is in line with Warren's politics and does not necessarily signal a 2020 presidential run.
These are the headlines you Need 2 Know.
Arianna Huffington, the CEO of Thrive, is one of many business execs to pull out of the "Davos in the Desert" business summit in Saudi Arabia after the controversy surrounding a missing and presumed-dead Washington Post journalist. Huffington said she was "surprised" by the Trump administration's handling of the situation.
Deepa Seetharaman, tech reporter for the Wall Street Journal, said the company is still unsure of who's responsible for the most recent hack, in which 30 million user accounts were compromised. And perhaps more importantly, it still doesn't know where all the data went.
These are the headlines you Need 2 Know.
Cannabis may have just been made legal in Canada, but Canopy Growth has been getting ready for this moment for years. Cheddar's Baker Machado went to the company's headquarters in eastern Ontario to talk to the company's execs about the budding cannabis market.
Derek Riedle, the CEO of cannabis culture publisher Civilized, spoke with Cheddar about what is next in the changing landscape of pot in Canada and what breaking down the stigma surrounding marijuana could do for the industry and country as a whole.
