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).
The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of the government’s various pandemic rescue efforts.
Companies across a wide swath of industries have found ways to give back to communities in their time of need amid the COVID-19 pandemic.
It’s a morning of firsts for the Supreme Court: the first time audio of the court’s arguments is being heard live by the world and the first arguments by telephone. The changes are a result of the coronavirus pandemic, which has made holding courtroom sessions unsafe.
COVID-19 tests look for antibodies, which are proteins the body develops in response to toxic or foreign substances inside the bloodstream.
Utah's Lieutenant Governor Spencer Cox and Domo CEO Josh James joined Cheddar to discuss their partnership on testing for COVID-19.
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.
Stocks ended lower on Wall Street Friday, giving up their gains for the week, after Amazon and other big companies laid out how the coronavirus pandemic is hitting their bottom lines.
Prime Minister Justin Trudeau said Friday that Canada is banning the use and trade of assault-style weapons immediately.
House lawmakers investigating the market dominance of Big Tech are asking Amazon CEO Jeff Bezos to testify to address possible misleading statements by the company on its competition practices.
Democratic presidential candidate Joe Biden on Friday categorically denied allegations from a former Senate staffer that he sexually assaulted her in the early 1990s, saying “this never happened.”
