Americans. It is being sold by an unpopular president with unquestionably difficult circumstances ahead for this bill. Gop lawmakers will head home to start the sales their constituents. A lot of talk about the is it good, is it bad, who will it help or hurt . Have we heard anything about when it will be signed into law . Remember the president said he would sign it into law immediately after it passed. The white house now says theres a process in place. So no date has been set just yet. All right. Thank you. Live from washington. Despite the applause there, the tax bill did not do much for the stock market today. The dow lost 28 points. The nasdaq is that s p 500 were essentially flat. So what will the new tax bill mean for you . Well break it down for you coming up in ten minutes. Arrests have been made in corruption with a Home Invasion robbery. The santa clara five suspects. Reporter its the kind of quiet sell eye rural neighborhood where residents say they feel safe. But a residen
Speaker paul ryan wednesday on a procedural hiccup. The message to the hard working taxpayers of america is your tax relief is on its way. Democrats focused on the tax cuts for the rich. Tax cuts dont lead to job creation. They lead to big ceo salaries and money for the very, very wealthy. Now the republicans are taking their cool victory lap, toasting it with champagne, with their donors, and the wealthiest. But they didnt do what they promised. President trump now tasked with selling the plan to the people, recent polls showing it is unpopular with most americans. The white house says theres a process before it hits the president s desk. So no date has been set. Abc news, washington. Despite the bills passage, stocks dropped a bit. At t employees are getting an immediate boost from the bill. 200,000 work letters get a 1,000 bonus each. Thats nearly all the telecommunications companys 256,000 employees. San franciscobased Bank Wells Fargo says it will boost the minimum wage for employ
Good evening. The tax reform plan passed by the republican theres start affecting every american. Well look at some suggestions on actions to take now made by local accountants. First abc reporter kenneth begins our coverage from washington. President trumps first major legislative win, a sweeping tax overhaul. We are making America Great again. You havent heard that, have you . The president surrounded by gop lawmakers who helped with the rewrite of the. At a code. The largest in more than three decades. It means jobs, jobs, jobs. The Senate Passed the bill along party lines in the wee hours of the morning. Speaker paul ryan wednesday on a procedural hiccup. The message to the hard working taxpayers of america is your tax relief is on its way. Democrats focused on the tax cuts for the rich. Tax cuts dont lead to job creation. They lead to big ceo salaries and money for the very, very wealthy. Now the republicans are taking their cool victory lap, toasting it with champagne, with their
Coliseum. The fedex truck crashed with another car, and one of the drivers was killed. All lanes are closed. Cars are being forced off the freeway at the 66th avenue exit. Were trying to divert all traffic off and then they can get back on south of 66. If this is your commute i would highly recommend finding a different route. Reporter authorities havent released any information about the victim. They dont know the cause. I asked if alcohol was involved, they said it doesnt look that way. Speed may have been a factor this is all under investigation. At 4 30 we were told this would probably be shut down for a couple of hours. At least possibly more. Live in oakland, Amy Hollyfield, abc 7 news. Amy, thank you. All right, sue hall is tracking how to get around this, sue, is 580 an option here . Thats what were recommending this hour. No delays on 580 at all. Big rigs are also advised to use 580. The shutdown, lots of slow traffic here as the chp officer said they are diverting off and bri
Avoid. They could reopen it as early as 7 00 but not before that. It happened at 2 50 this morning. We are near the coliseum. Traffic is being forced to exit at 66th avenue. This was a fatal accident as a fedex truck crashed with a sedan and one of the drivers was killed. Our officers found paramedics were already on scene working on the driver of the overturned sedan. A person was pronounced dead on scene. The big rig driver was transported for injuries. Reporter they dont know the cause yet of the accident but are making progress as far as getting this cleared. The tow truck is here to get those cars uprighted and out of here, and the coroner has also arrived. They say at least theyll have an hour of work left to do here, maybe more. Live in oakland, Amy Hollyfield, abc 7 news. Amy, thank you. Still a long ways to go. We have just received a statement from fedex about the crash. The company says, quote, our thoughts and prayers are with everyone involved in this tragic accident. We a