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).
A public petition for the British government not to go through with Brexit gained so many signatures that the Parliament website crashed on Thursday.
There's a phenomenon on the internet called the "Streisand Effect," whereby a person's attempt to suppress information ends up widely publicizing that very same information. It was named after a situation an incident when Barbra Streisand tried to keep images of her Malibu mansion off the web and inadvertently drew massive amounts of attention to it. And it's why Devin Nunes' mom was trending on Twitter Tuesday morning.
The Democratic National Committee stands by its decision not to allow Fox News to host a Democratic primary debate in the 2020 presidential election, a party official told Cheddar on Thursday. "Our role at the DNC is to make sure we have a fair process and we do not believe Fox News can have a fair debate,” the DNC communications director Xochitl Hinojosa said.
In a presidential field that's growing more crowded by the day, Hawaii Rep. Tulsi Gabbard is looking to stand out by making foreign policy central to her campaign while her fellow Democratic candidates tussle over progressive moonshots like the Green New Deal or Medicare for All. At a campaign event in Concord, N.H., during the Presidents Day weekend, Cheddar's J.D. Durkin spoke with Gabbard, who said her agenda is based on her belief that the U.S. is "addicted" to regime-change wars.
These are the headlines you Need 2 Know for Tuesday, Feb. 19, 2019.
While New York City is mired in finger-pointing over the loss of Amazon's HQ2, Senator Cory Booker of New Jersey urges the company to reconsider the bid that Newark made.
According to House Ways and Means Committee Member Judy Chu, the GOP "made false claims" about the tax bill that passed in December of 2017 and is taking effect this tax season. "They said things like the American public would get on the average a $4,000 per person increase. Well, that is certainly not the case," Chu, a California Democrat, told Cheddar.
Bradley Tusk, the founder and CEO of Tusk Strategies and former campaign manager of Mayor Michael Bloomberg, knows exactly why Amazon's HQ2 plans in New York City fell apart. "It's not that we didn't get it because of some geopolitical economic trend or something out of our control. We didn't get it because our own politicians and Amazon themselves were too incompetent and too arrogant and too tone deaf to get it right," Tusk told Cheddar.
Amazon's blog post announcing it will pull the plug on its New York City headquarters is nothing but a bluff to bring politicians back to the negotiating table, said D.A. Davidson Analyst Tom Forte. "Absolutely Amazon's bluffing," Forte told Cheddar Friday.
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.
