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).
Though FAANG stocks hit an all-time high last week, their gains could be undermined by the Trump administration's trade stand-off with China that could soon widen into the technology sector, says Jason Ware, chief investment officer at Albion Financial Group.
The country's highest court on Tuesday ruled in favor of the travel ban the Trump administration attempted to implement last year. The court rejected the argument that the policy exceeded the president's authority and that it discriminated against Muslims.
Letting women drive will make them "good workers and consumers," says Hiba Zayadin, the acting Saudi researcher at Human Rights Watch. But "the power structures and systems that keep women as second-class citizens" remain prevalent., she tells Cheddar.
Police shootings have persisted in America for the last several decades but now personal video footage is holding officers accountable, says O'Donnell. The MSNBC host is re-publishing his book "Deadly Force" that chronicles the 1975 police shooting of an unarmed black man that was criticized as "basically a murder".
The president's consistent attacks on media outlets like CNN is "very, very good for business." But Trump has avoided directing his wrath at MSNBC since taking the White House, because the network "is much higher rated" and "he would prefer people to watch CNN," which features many pro-Trump speakers, says O'Donnell.
The MSNBC host explains what happened leading up to the moment when his co-worker, Rachel Maddow, broke down in tears on air while covering the border crisis. O'Donnell tells Cheddar that if he had to report the story on tender age shelters, he might have cried too.
Markets plunged on Monday as President Trump escalated already-tense trade relations with China and investors saw the first sign of American manufacturers feeling the impact of the Trump administration’s increasingly protectionist stance.
Melania Trump received a lot of criticism for wearing a jacket with the phrase "I DON'T REALLY CARE, DO U?" scrawled across the back on her way to meet with migrant children at the Texas-Mexico border. The bizarre choice, at such a heated moment, may have been "a very calculated move," said Vox reporter Rebecca Jennings.
Citigroup CEO Michael Corbat weighs in on the backlash over family separation at the border and the need for immigration reform.
Image Credit: Shutterstock
The country's top court on Thursday ruled that states can force online retailers to charge sales taxes on purchases even if they don't have a physical presence in the state. D.A. Davidson's Tom Forte says Amazon may actually end up benefiting from that rule.
