Republicans are closing in on their first legislative victory of the year, after two GOP Senators previously opposed to the tax plan got on board this weekend. But Democrats still have concerns.
U.S. Congressman Ro Khanna (D-CA), who joined Cheddar before the most recent concessions were made, said the policies may benefit companies in his home district in the heart of Silicon Valley, but do little for Middle America.
“We should create technology opportunity zones across America,” he said. “I think that the federal government in partnership with the private industry could do so much to bring the new industry to many of these communities.”
Heading into the weekend, the future of tax reform seemed uncertain. Senator Marco Rubio (R-FL) was calling for a tax cut for working families. On Friday, though, he tweeted his support after the child tax credit was increased.
Senator Bob Corker also changed his position after the tax on real estate earnings was reduced, a move that could benefit his own wallet. The Tennessee Republican reportedly made $7 million off his property investments last year.
For full interview [click here](https://cheddar.com/videos/rep-ro-khanna-d-ca-congress-needs-to-step-up-to-spread-tech-development-across-the-u-s).
Allen Weisselberg was sentenced Tuesday to five months in jail for dodging taxes on $1.7 million in job perks.
The Justice Department is reviewing a batch of potentially classified documents found in the Washington office space of President Joe Biden’s former institute.
The House passed the chamber's rules package with all but one Republican vote while all GOP members voted for its first bill, which would strip funding from the IRS.
At the top of Kevin McCarthy’s to-do list as he begins his role as House Speaker is adopting a new rules package for the chamber when it convenes Monday evening.
Brazilian authorities were vowing to protect democracy and preparing to mete out punishment Monday after thousands of ex-President Jair Bolsonaro’s supporters stormed Congress, the Supreme Court and presidential palace then trashed the nation’s highest seats of power.
Normally routine, drafting and approving rules to govern the House is the new speaker's next showdown.
The president did not appear to meet with anyone who was attempting to migrate to the U.S.
The action comes a week after the inauguration of his leftist rival, President Luiz Inácio Lula da Silva.
Rep. Kevin McCarthy (R-Calif. 20th District) gained some momentum on Friday afternoon in his bid to become the House speaker, flipping more than a dozen votes in his favor.
The United Nations' global index for tracking food prices fell 1.9 percent in December after hitting an all-time high in 2022 amid drought, war, pandemic, and supply chain challenges.
Load More