Live Breaking News & Updates on Institute Taxation
Stay updated with breaking news from Institute taxation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Mr. President , the first motion the senate will vote on is a straightforward proposition. The motion says lets send this bill back to the senate on a bipartisan basis and come up with a plan that actually works for the middle class. I will wrap up just by recapping the republican rhetoric on his tax plan. First it was said to be a guaranteed middleclass tax cuts. Then it was merely focused on the middle class. Next it was an average tax cut across a variety of income cohort. But now, the numbers are actually in. Republicans want to run up enough red ink to threaten medicare and Social Security and still raise taxes on more than half of the middle class. The senate on a bipartisan basis can do better than this. I urge my colleagues to support this proposal, to send the bill back and come back h on a bipartisan basis with tax reform that actually works for the middle class. I yeild back. The question on motion. Nay. Is there a suf ....
The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal god, in this season of gladness and cheer when many celebrate your breakthrough at bethlehem, we pause to thank you for your mercy and grace. While we were sinners, you initiated the process of our redemption and restoration. Great is your faithfulness. Lord, make our lawmakers ambassadors of reconciliation for your kingdom, using them to demonstrate your precepts and represent your purposes. As they strive to bring the illumination of your wisdom to a dark world, may people see their labors and glorify your holy name. Because of our senators faithful service, may our nation experience the unity of your healing presence lord, let there be peace on earth and let it begin with us. We pray in your merciful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the fla ....
But the late then story. Here is our Ashley Johnson. Reporter all over this news, one huge bubble of mixed mess ago ins. Headlines stating trump tax plans speak for itself and it is lig. Trump reportedly telling friends you all just got a lot of reporter. Friday President Donald Trump signed the republican tax cut bill before leaning for christmas break in florida. The white house and republicans are calling it a boom for the middle class. But many people wanted to know how exactly the tax plan affect our pockets new York Governor Andrew Cuomo signed an executive order to make sure they complete pay fex years taxes. In new jersey, the city of Tax Collectors Office has been accepting prepayment payment of property tax. Will filing early hel ....