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).
The U.S. residential solar market posted its biggest quarter on record in Q3 2019, according to a report by Wood Mackenzie Power and Renewables.
The House Judiciary Committee launched a lively, marathon session Thursday ahead of voting on articles of impeachment against President Donald Trump, a historic step as the deeply partisan panel prepares to send the charges to the full House.
Federal Reserve Chairman Jerome Powell announced on Wednesday that interest rates will remain unchanged and could stay there for some time to come.
Greta Thunberg, the Swedish teenage climate activist, is Time's 2019 Person of the Year. The 16-year-old is the youngest person to ever receive the honor
Google's 'Year in Search' report is out, and it shows what we've all been looking for in 2019.
The New York State Department of Financial Services has proposed new guidance for licensed cryptocurrency firms that would make it easier for them to add new coins to their offerings, Superintendent Linda Lacewell announced Wednesday.
These are the headlines you Need 2 Know for Wednesday, December 11, 2019.
These are the headlines you Need 2 Know for Tuesday, December 10, 2019.
House Democrats handed the president one of his biggest legislative victories, the United States-Mexico-Canada Agreement (USMCA) to replace NAFTA, even as they announce articles of impeachment against him.
Stocks in the U.S. opened higher Tuesday, reversing pre-market losses after a report in the Wall Street Journal signified that American and Chinese negotiators were preparing to delay the next round of tariffs, scheduled to go into effect Sunday. The Journal cited sources close to the matter on both sides of the table.
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