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).
Q&A with Senator Elizabeth Warren on coronavirus response, easing student debt as the economy crashes, and how to get through this difficult time.
If a measure for fossil fuels is included, the groups insist, similar support should be extended to clean energy and electric vehicles, insiders tell Cheddar.
New York Governor Andrew Cuomo said new projections from health officials suggest instead of flattening, "the curve is increasing" and lambasted the federal government for its lack of action on distributing ventilators and for refraining from using the Defense Production Act.
President Donald Trump is weighing how to refine nationwide social-distancing guidelines to put some workers back on the job amid the coronavirus outbreak.
The IOC announced a first-of-its-kind postponement of the Summer Olympics on Tuesday, bowing to the realities of a coronavirus pandemic that is shutting down daily life around the globe and making planning for a massive worldwide gathering in July a virtual impossibility.
Andrea Flores, the deputy director of policy for the Equality Division of the American Civil Liberties Union, said the virus is weighing on the immigrant population.
That federal emergency stimulus check could be delivered to Americans through a new digital wallet maintained by your friendly neighborhood Federal Reserve member bank.
New York Senator and former presidential candidate Kirsten Gillibrand spoke with Cheddar on Monday about why she joined fellow Democratic lawmakers in opposing the latest $2 trillion stimulus bill.
Despite localized reductions in emissions and pollution due to coronavirus-related shutdowns, it doesn't mean that the pandemic and ensuing economic crisis will somehow turbocharge the globe's glacial steps toward reducing humanity's impact on the environment.
Stocks are down more than 3 percent in tumultuous trading on Wall Street as investors wait to see if Democrats and Republicans can settle their differences on an economic rescue package.
Load More