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The GOP megabill is going to get a vote in the House
The US House of Representatives has passed a budget for the fiscal year 2020-21, which aims to lower the tax rate and cut taxes. It aims to decrease the corporate tax rate from 35% to 25% and cut personal tax rates by increasing the number of brackets from seven to nine. It also reduces taxes…
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Four types of House Republicans have been revealed by the fight for Speaker
The US House of Representatives will elect a new Speaker of the House on Tuesday after Republicans voted to oust current Speaker Kevin McCarthy. Republican Steve Scalise beat Jim Jordan by a margin of 114-99. This comes after Jordan dropped out of the race last week when Republicans voted to remove him after losing three…
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Kevin McCarthy is going to get a history lesson.
The US House of Representatives was last held to elect a Speaker in the 1850s, when Republican William Banks was elected speaker after 133 ballots were cast. Banks was defeated by South Carolina’s William Gist, Jr, who argued that a plurality resolution would once again capture the votes of competing factions. Banks became Speaker after…
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McCarthy keeps making compromises that could endanger his speakership.
US House Speaker-elect Nancy Pelosi on Monday won the races for the post of her party’s whip and the vice-speaker of the house. Pelosi defeated Wisconsin Representative Tom Emmer to become the first woman speaker of the US House of Representatives. The Democrats are currently in a tie with the Republicans for control of the…