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).
Former Housing Secretary Julián Castro announced he is dropping out of the race, and Pete Buttigieg, who declined to run for a third term as mayor of South Bend, Indiana, is back to being a private citizen.
Former Obama housing secretary Julián Castro on Thursday ended his run for president that pushed the 2020 field on immigration and swung hard at rivals on the debate stage but never found a foothold to climb from the back of the pack.
Lebanon's justice minister said Thursday that Lebanon has received an international wanted notice from Interpol for Nissan’s ex-chair Carlos Ghosn, four days after he fled Japan to Lebanon before a trial on financial misconduct charges.
From Sydney to New York City, concerns have crossed over into 2020 along with the celebrations.
The U.S. and China reached the deal after almost two years of an escalating trade war between the world’s largest economies.
This year was no slouch in providing plenty of material to blow up our feeds. Here’s a look at some of the most memorable political moments of 2019.
These are the headlines you Need 2 Know for Tuesday, December 31, 2019.
As a candidate for the White House, Donald Trump repeatedly promised that he would “immediately” replace President Barack Obama’s health care law with a plan of his own that would provide “insurance for everybody.” Nearly three years after taking office, Americans still are waiting for Trump’s big health insurance reveal.
A look at the events that are sure to make the market move next week — the final week of 2019!
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.
