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).
Julie Menin, director of New York City Census 2020, told Cheddar Wednesday that the pandemic is a stark reminder that the census is important.
Stocks charged higher around the world Wednesday following an encouraging report on a possible treatment for COVID-19.
President Donald Trump will take executive action Tuesday to order meat processing plants to stay open amid concerns over growing coronavirus cases and the impact on the nation’s food supply.
Stocks gave up an early gain on Wall Street and are mixed in afternoon trading Tuesday. The day’s leaderboard looks like nearly the mirror opposite of stocks’ performance through the market’s sell-off this year.
Because of the coronavirus pandemic the high court is, for the first time in its 230-year history, holding arguments by telephone.
Dr. Richard Besser, president and CEO of the non-profit healthcare organization, the Robert Wood Johnson Foundation, talks about how the pandemic has exposed the harsh inequalities driving poorer health outcomes in the U.S.
Banks trying to submit applications for thousands of small businesses seeking coronavirus relief loans have hit a bottleneck for a second day at the Small Business Administration.
Stocks gave up an early gain on Wall Street and were mixed in late morning trading Tuesday while the price of oil continued its wild ride.
Stocks are rising in early trading on Wall Street as nations and some U.S. states move toward reopening their economies from lockdowns made to restrict the spread of the coronavirus.
Secretary of Housing and Urban Development, Dr. Ben Carson said that the rest of the country will learn a lot from Georgia's experiment.
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