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 Republican-led Michigan House has refused to extend the state’s coronavirus emergency declaration. It also voted Thursday to authorize a lawsuit challenging Democratic Gov. Gretchen Whitmer’s authority and actions to combat the pandemic. The step came as hundreds of conservative activists returned to the Capitol to denounce Whitmer’s stay-at-home measure.
A crush of dismal data about the economy helped send markets lower Thursday, a meek ending to a historic, juggernaut month for stocks.
A shortage of personal protective equipment is a critical problem for frontline medical workers and one of the toughest issues the organization is facing, said Thomas Tighe, CEO of Direct Relief.
NYC Mayor Bill de Blasio, in partnership with the City Council, announced his commitment to closing off up to 100 miles of streets to make more space for city dwellers during the coronavirus pandemic.
Morgan Ortagus, a State Department spokesperson, said the purpose of demanding more information and access from China was to "answer fundamental questions" about the COVID-19 pandemic.
The Federal Reserve says it is expanding a major lending program to provide support for businesses struggling to cope with the economic slowdown caused by the coronavirus pandemic.
Sarah Cooper, the performer behind the viral video, talked to Cheddar Wednesday about why she chose to riff on the POTUS.
Stocks charged higher around the world Wednesday following an encouraging report on a possible treatment for COVID-19.
The Federal Reserve says it will keep its key short-term interest rate near zero for the foreseeable future as part of its extraordinary efforts to bolster an economy that is sinking into its worst crisis since the 1930s.
The National Institute of Allergy and Infectious Diseases (NIAID) on Wednesday announced the results of a study looking into a potential COVID-19 treatment that it says shows promise.
