Sen. John McCain said this morning that he would vote in favor of the Republican tax bill. Grover Norquist is the founder and president of Americans for Tax Reform to explain why he's optimistic the bill will pass.
Norquist, who has been bullish on the bill all along, says the fact that McCain's made his announcement now, not later, means "we will have a signed bill for Christmas." He also points out how well the stock market has reacted to McCain's announcement.
Norquist also says that Americans shouldn't be concerned about the rapid passage of the legislation because "the Senate has had 70 hearings on this bill alone." During the vote, in fact, The anti-tax crusader thinks we may see a handful of Democrats who decide to associate themselves with the bill.
Senators Bob Corker (R-TN) and James Lankford (R-OK) want to add a trigger to the bill that would repeal certain tax cuts if growth is weaker than expected. Norquist says the danger of adding a trigger is, "it tells people, please invest $100, million in a new factory. And look at our shiny new tax code. Maybe. Sort of. It might change."
The vote is expected Thursday night or early Friday morning.
For full interview [click here](https://cheddar.com/videos/are-middle-class-americans-benefiting-from-president-trumps-tax-plan).
President Joe Biden and Vice President Kamala Harris will observe Monday's 60th anniversary of the March on Washington by meeting with organizers of the 1963 gathering and relatives of the Rev. Martin Luther King Jr., who delivered his “I Have a Dream” speech at the Lincoln Memorial.
A special session in the Tennessee Senate ended abruptly on Thursday without any action on gun control.
New York Gov. Kathy Hochul asked President Joe Biden to help the state absorb a surge of migrants.
The Pentagon said it will train Ukrainian pilots to fly F-16 fighter jets for its war against Russia.
Vice President Kamala Harris will visit Wisconsin to tout the Biden administration's broadband and affordable connectivity policies.
The Biden administration approved a $500 million weapons sale to Taiwan.
A pre-trial detention was extended for The Wall Street Journal journalist Evan Gershkovich until Nov. 30 by Moscow.
Eight Republican presidential candidates took to the stage on Wednesday in Milwaukee for the first Republican primary debate of the 2024 election season.
The bodies of Russian mercenary chief Yevgeny Prigozhin and some of his top lieutenants killed in a Russian jet crash on Wednesday were sent to a nearby facility for medical and forensic analysis, according to Russian media.
Political strategist Jonathan Harris breaks down the highlights from Wednesday's first Republican presidential primary debate and how Former President Donald Trump's absence affected the event.
