Red Alert & Democratic Coalition Debate: From Michael Flynn to Tax Reform
Cheddar hosts Kristen Scholer and Tim Stenovec cover the breaking news that former Trump National Security Adviser Michael Flynn will plead guilty to lying to the FBI. Jarad Gelner, Senior Advisor, Democratic Coalition, and Peter Van Voorhis, Writer at Red Alert Politics, join in the conversation as well.
Plus, Senator John McCain has flipped his view on the tax reform bill and will now vote "yes." As the Senate rushes to vote the bill through, some Republicans are still pushing back on the lack of a plan to safeguard the deficit. The Joint Committee on Taxation says the Senate bill will add $1 trillion to the deficit over a decade.
In addition, Senator Ron Johnson of Wisconsin met with President Trump to express his concerns about pass-through entities. He's now expected to vote "yes" on the bill. The Republicans hope to have a version of the bill on President Trump's desk next week.
The Supreme Court on Wednesday said it will hear an appeal that could upend hundreds of charges stemming from the Capitol riot, including against former President Donald Trump.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Hunter Biden on Wednesday defied a congressional subpoena to appear privately for a deposition before Republican investigators who have been digging into his business dealings, insisting outside the U.S. Capitol that he will only testify in public.
The Supreme Court agreed on Wednesday to take up a dispute over a medication used in the most common method of abortion in the United States, its first abortion case since it overturned Roe v. Wade last year.
