The two plans . Well, mola lenghi shows us from capitol hill. Reporter Senate Republicans are unveiling their tax reform plan today. Of this plan is another critical step toward providing relief to the middle class. Reporter the Senate Version is expected to eliminate state and local deductions. Just like the house plan. It will also limit the amount of people who pay the estate tax. Whereas the house version eliminates the estate tax altogether. There are potentially seven tax brackets under the senates version as opposed to the four in the house and it will drop the Corporate Tax rate to 20 but not until 2019. We think weve got a strong bill that advances Economic Growth and higher wages and better jobs. Reporter with some of the provisions like the elimination of state and local Tax Deductions could make it hard to get the 50 votes needed to pass the bill. House republicans are revising their version because of an unfavorable review from the congressional budget office. The cbo revi
Severe thunderstorms going to be a very good possibility later this evening. I just want to say, though, were not going to see the exact same setup as the plains. In terms of seeing ef3 massive tornadoes, i dont think were going to see that exact same setup. Nonetheless, it only takes one strong storm to hit your house to cause damage. Lets talk about this yellow weather alert and what you can expect. You can see the showers and storms off to the west on first alert live doppler, and were zooming in and were not seeing much here right now. What youre noticing outside is its breezy. Its muggy, and youre starting to see some breaks in the clouds. This is going to be some fuel for thunderstorms that pop up a little bit later this afternoon. Storm prediction center, you see this orange color showing up i95 west, this is a category 3 out of 5 possibilities. Its an enhanced risk. The atmosphere is primed. Some of the storms that pop up later this afternoon and the evening will have the poten
You for joining us at noon. Im andrea roane. Right now Top White House officials are on capitol hill in an effort to convince house lawmakers to find Common Ground on health care legislation. Meg oliver shows us what theyre up against. Vice president mike pence is leading the lobbying effort on capitol hill for the latest Health Care Bill to replace obamacare. President trump says the newest version will protect patients with preexisting conditions and satisfy his supporters. These are the greatest people. Were either going to have a great plan or im not signing it. The white house is pushing for a house vote this week, but it is still unclear if there is enough support to pass it. An unofficial cbs news count finds if they were to hold the vote today it would likely fail. Republican leaders can only lose 22 of their own members. 20 have already confirmed to cbs news that they are against the current version of Health Care Bill and more are still undecided. I think were just a handful
You for joining us at noon. Im andrea roane and were covering two big stories. We hear from fbi director james comey was testimony before the Senate Committee about the investigation into the Trump Campaign and possible ties to russia in a minute. First, mixed reaction to the Justice Department decision not to bring charges against the two Louisiana Police officers involved in the deadly shooting of alton sterling. Police fatally shot him outside a baton rouge Convenience Store last year and David Begnaud spoke to the family with their out rage where they found out out out the decision on the news on social media. Reporter two baton rouge Police Officers will not face federal civil rights charges in the death of alton sterling last july 5. The dispatcher sent officers Blane Salamoni and how we like to the triple s coen with a gun and the officers tased, tackled and shot 37year old alton sterling while he appeared to be on his back. His autopsy showed multiple gunshot wounds to his back
Im andrea roane. House republican scheduled a vote for the plan to repeal and replace obamacare. After months of negotiations, gop lawmakers now said they have enough yes votes to push through the legislation. As weijia jiang explains, still, it faces an uphill battle in the senate. Reporter it ends today it will and today reporter lawmakers started debating on the house for the republican plan to repeal and replace obamacare. House leaders called for a vote after winning over lastminute holdouts. We will have the boat. This will pass. Reporter the bill would reduce subsidies for low income americans and eliminate taxes on the wealthy that pay for them. It would try to encourage young people to buy insurance by offering an agebased tax credit for people making less than 75,000 a year. States can choose to allow insurers for people with preexisting conditions, but only if the states set up high risk pools to help with the cost. It is still in there. The Insurance Company can charge what