The House of Representatives is expected to re-vote on the Republican Tax bill Wednesday, after procedural problems invalidated the previous votes.
Three portions of the bill reportedly violate the Senate’s Byrd rule, although congress members had already voted 227-203 in favor of the bill. The Senate is expected to continue reviewing its version and vote Tuesday night.
Rep Beto O'Rourke (D-TX), who voted “ no” in the first round of votes, spoke to Cheddar ahead of the most recent snafu, and said that the bill was “terrible”. O’Rourke says Congress had the opportunity to promote upward mobility for low-income and middle class Americans, but doesn’t think the current version does that. Instead, he argues that the plan transfers 86 percent of tax cuts to the wealthy, and knocks 13 million people off health insurance.
“This is the most massive restructuring of the tax code in more than 30 years, and unfortunately this was a blown opportunity,” Rep. Beto O'Rourke (D-TX), told Cheddar.
Before the voting glitch was revealed, President Donald Trump, Vice-President Mike Pence, and Speaker of the House Paul Ryan, all took to Twitter to celebrate the win. Notably, Speaker Ryan says that the bill is going to help struggling Americans who are living “paycheck-to-paycheck.”
“We said in 2016 that it will take real tax reforms for families and businesses to get the economy growing, and we were serious,” he said.
For full interview [click here](https://cheddar.com/videos/congressman-beto-orourke-d-tx-is-taking-on-texas-senator-ted-cruz).
Driven by a rare urgency, Senate Republicans are poised to unveil an extensive package of policing changes that includes new restrictions on police chokeholds and other practices.
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.
In its semi-annual monetary policy report to Congress, the central bank said that the COVID-19 outbreak was causing “tremendous human and economic hardship across the United States and around the world.”
New York Gov. Andrew Cuomo has signed into law a sweeping package of police accountability measures that received new backing following protests of George Floyd's killing.
Connecticut Attorney General William Tong joined Cheddar to discuss the details of the investigation into the price-fixing of generic drugs.
What exactly "defund" means in practice varies depending on who you're asking, but the broader goal is simple: funnel money away from law enforcement into other public programs.
The problem of homelessness continues to get worse in Los Angeles County. The number of homeless people counted over the past year jumped nearly 13% to more than 66,000 and officials fear another spike due to the impact of the coronavirus pandemic.
As Twitter waded into controversy for taking steps to fight misinformation and controversial remarks from perhaps its most famous tweeter, President Donald Trump, Facebook has taken the opposite tack, but with no less backlash.
Will Jawando, Montgomery County, Maryland councilmember, has introduced a resolution deeming racism a public health crisis. Jawando explains how systemic racism negatively impacts the black community beyond policing.
he Dow Jones industrials lost more than 1,800 points, nearly 7%, as increases in coronavirus cases deflated optimism that the economy could recover quickly from its worst crisis in decades.
Load More