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).
A new bill in Illinois would require potential gun buyers to reveal their public social media accounts to state police. The ACLU is now speaking out against the idea, citing privacy and bias concerns. "The things that social media would show are one's political views, perhaps one's religion, and even in some instances someone's race," Edwin Yohnka, director of communications and public policy at ACLU of Illinois, told Cheddar.
For veteran congresswoman and cancer survivor Gwen Moore of Wisconsin, the issue of healthcare is both political and personal. She discussed President Trump's vow "to protect patients with pre-existing conditions" with Cheddar.
These are the headlines you Need 2 Know for Friday, Feb. 8, 2019.
President Trump's economic adviser Larry Kudlow slammed Democratic tax and banking proposals as un-American in an interview with Cheddar's J.D. Durkin on Thursday. "I'm afraid some of my Democratic friends are going back to a war on business," Kudlow said.
It's a topic that has evaded recent political campaigns, but thanks to a superstar representative from New York, tax and bank reform could be one of the biggest campaign issues leading into 2020. Rep. Alexandria Ocasio-Cortez (D-NY) has used her Twitter feed to call out the big banks. Pete Schroeder, who covers finance for Reuters, talked to Cheddar about how the big banks are getting ready.
These are the headlines you Need 2 Know for Thursday, Feb. 7, 2019.
If there's one issue on which President Trump and Congress can work together, it's infrastructure. That's according to Henry Cisneros, a veteran private equity investor and former HUD Secretary under President Bill Clinton.
President Trump laid out his vision and for the second half of his term and took a victory lap in his annual address to the nation Tuesday night, saying "the state of our union is strong."
These are the headlines you Need 2 Know for Wednesday, Feb, 6, 2019.
President Trump delivered his State of the Union address from the floor of the House Chamber of the U.S. Capitol on Tuesday night. In his speech, Trump touted the strength of the U.S. economy -- including gains for women, which were cheered by those on the chamber floor -- and called again for a border wall to prevent illegal immigration.
