GOP negotiators are still hammering out the final details of the party’s tax plan, in a reported effort to have the proposal on President Trump’s desk by next week. A CBS News poll from last week found that 53 percent of people nationwide disapprove of the GOP tax bill, while only 35 percent approve.
Democrats argue that the bill raises the national deficit over $1 trillion, hurts the middle class, and makes the rich richer. Rep. Donald McEachin (D-VA) added another woe to the mounting list: the proposed tax reform would actually hinder Trump’s aggressive military buildup promises.
“The American people are the losers under this bill,” he said, enumerating all of the issues he sees with the proposed legislation. “In addition, in a state like mine (Virginia), where military spending is so important, they’re robbing the military as well from buildup.”
For full interview [click here](https://cheddar.com/videos/rep-donald-mceachin-d-va-says-the-gop-tax-plan-has-caused-the-party-to-lose-all-credibility).
In President Joe Biden's first notable gun control measures, he has announced executive actions aimed at addressing what the White House calls a “gun violence public health epidemic.
Many hope that part of Biden’s latest $2 trillion infrastructure plan would help fund construction for a decades-old proposal for a 200 mph high-speed line that could take passengers from Boston to New York City in 100 minutes.
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
Treasury Secretary Janet Yellen called on the world's most powerful nations to pass a global minimum corporate tax of 21 percent to create "a more level playing field."
President Joe Biden is drawing a red line on his $2.3 trillion infrastructure plan. He says he is open to compromise on how to pay for the plan but inaction is unacceptable.
Lee Wong, West Chester Township Board of Trustees chairman from Ohio, made waves during an on-camera meeting when he lifted his shirt to display scars he received during his service in the U.S. Army.
Amazon founder and CEO Jeff Bezos is endorsing President Joe Biden’s focus on building up the country’s infrastructure and says the company even supports a corporate tax rate hike to help pay for it.
With more similar services on the market, there are questions if TikTok can remain king especially as it chases after advertiser dollars.
Vineyard Wind CEO Lars Thaaning Pedersen spoke to Cheddar about beginning production of its wind power farm off the coast of Massachusetts.
President Joe Biden is set to announce that he's shaving about two weeks off his May 1 deadline for states to make all adults eligible for coronavirus vaccines.
