House Passes Tax Reform Sending Bill To President Trump's Desk
After a procedural snafu last night, the House officially passed tax reform this morning. Now the bill goes to President Trump's desk to be signed into law.
Jack Hunter, Editor at Rare Politics, explains what happened that forced the House to vote on the bill for a second time. Since Congress is attempting to pass legislation using budget policy, there are a special set of rules that have to be followed. The Senate claimed that the House violated those rules in multiple ways.
President Trump could sign the bill into law as soon as tonight. However, even if it gets signed this week, Americans won't feel the effects of tax reform until next year. Hunter walks through some of the ways your taxes could be impacted.
Zach Montellaro, Deputy National Editor at Politico, joins Cheddar to discuss what you need to know ahead of the debate between Kamala Harris and Donald Trump.
Barron's Ideas Editor, Matt Peterson, joins Cheddar to talk about the current state of the election and how Trump and Harris are tackling economic issues.
