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).
Congressman Barry Loudermilk (R-Ga. 11th District) supports the Georgia Gov. Brian Kemp's plan and says the state is prepared to deal with a possible resurgence.
Stocks are pushing higher Thursday, even though the government said 4.4 million more workers filed for unemployment benefits last week.
The oldest brother of Sen. Elizabeth Warren, Donald Reed Herring, has died from the coronavirus. The former Democratic presidential candidate said Thursday that her brother died Tuesday evening.
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
Stocks opened slightly higher Thursday, even after the government said 4.4 million more workers filed for unemployment benefits last week as layoffs sweep the economy.
For weeks, the Trump administration played up the dangers of the coronavirus as it sought to convince Americans to disrupt their lives and stay home. Now, as President Donald Trump aims for a swift nationwide reopening, he faces a new challenge: Convincing people it’s safe to come out and resume their normal lives.
A new survey finds Americans remain overwhelmingly in favor of stay-at-home orders and other efforts to slow the spread of the coronavirus. A majority say it won’t be safe to lift such restrictions anytime soon. T
Stocks are closing higher on Wall Street after two days of losses, and the price of oil burst higher a day after a historic plunge.
Stocks around the world are clawing higher on Wednesday, and the S&P 500 climbed toward its first gain of what’s been a dismal week. Even the oil market turned higher.
Ben Midgley, CEO of Crunch Fitness Franchise, told Cheddar Wednesday that the company will take a close look at its approach to reopening its facilities.
