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).
Phumzile Mlambo-Ngcuka is launching a new global program called "Generation Equality: Realizing women's rights for an equal future," a partnership between UN Women, the World Economic Forum, the private sector, and Gates Foundation.
Republican Senator Mitt Romney from Utah told Cheddar he would be interested in hearing from John Bolton as the president's impeachment trial defense headed into its final day.
Speaking before Trump's attorneys begin their final day of defense arguments in the impeachment trial Schumer maintained Democrats would not bargain on witnesses.
U.S. officials say President Donald Trump's long-awaited Middle East peace plan calls for the creation of a State of Palestine with its capital in portions of east Jerusalem.
These are the headlines you Need 2 Know for Tuesday, January 28, 2020.
The Republican senator from Texas gave some indication that he was curious about the alleged bombshell manuscript by former national security advisor John Bolton that might further implicate President Trump in his trial.
Trump's lawyers on Monday brushed past the extraordinary allegations in the draft of a new book by his former national security adviser as the legal team made historical and legal arguments for acquittal.
GOP and Dem senators offered different reactions to a bombshell New York Times report that ex-National Security Advisor John Bolton wrote in a manuscript that President Trump told him that he froze aid to Ukraine in exchange for a Biden investigation.
U.S. stocks fell sharply Monday as investors worry about the potential economic impact of the outbreak of a new virus from China. The declines in the U.S. followed a sell-off in markets in Europe and Japan.
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.
