Congress may be in recess, but the looming tax reform bill is still sitting on the president's desk. Lauren Cooley, Editor at Red Alert Politics, joins Cheddar to talk about what this new bill means for young adults in America. She talks about the possible elimination of deductions for student loans and homeownership. Republicans have only a few weeks to pass this bill before the year's up, so will it actually happen? Cooley believes it will. She's talked to small business owners and many are pretty excited about the bill. Additionally, Republicans need a win before the end of the year...seeing as they couldn't get health reform passed. This was a major push for President Trump on the campaign trail and it's a major reflection on his presidency. She talks about the simplicity of the tax system if this bill is passed. Having to just fill out a postcard is something that hasn't happened in many years.