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).
Phumzile Mlambo-Ngcuka is launching a new global program called "Generation Equality: Realizing women's rights for an equal future," a partnership between UN Women, the World Economic Forum, the private sector, and Gates Foundation.
Republican Senator Mitt Romney from Utah told Cheddar he would be interested in hearing from John Bolton as the president's impeachment trial defense headed into its final day.
Speaking before Trump's attorneys begin their final day of defense arguments in the impeachment trial Schumer maintained Democrats would not bargain on witnesses.
U.S. officials say President Donald Trump's long-awaited Middle East peace plan calls for the creation of a State of Palestine with its capital in portions of east Jerusalem.
These are the headlines you Need 2 Know for Tuesday, January 28, 2020.
The Republican senator from Texas gave some indication that he was curious about the alleged bombshell manuscript by former national security advisor John Bolton that might further implicate President Trump in his trial.
Trump's lawyers on Monday brushed past the extraordinary allegations in the draft of a new book by his former national security adviser as the legal team made historical and legal arguments for acquittal.
GOP and Dem senators offered different reactions to a bombshell New York Times report that ex-National Security Advisor John Bolton wrote in a manuscript that President Trump told him that he froze aid to Ukraine in exchange for a Biden investigation.
U.S. stocks fell sharply Monday as investors worry about the potential economic impact of the outbreak of a new virus from China. The declines in the U.S. followed a sell-off in markets in Europe and Japan.
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.
