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House Republicans are unveiling key details and the text behind their tax legislation Thursday, but not without some reservations from rank-and-file members.In advance of the bill's release -- which will be called the "Tax Cuts and Jobs Act," according to a source in a meeting with GOP members Thursday -- a source shared a summary of the plan, which permanently lowers the lowers the corporate tax rate to 20% and limits the home interest deduction to loans up to 0,000.The bill will also increase the standard deduction for individuals and households, repeals the alternative minimum tax and increased the child tax credit to ,600. The House GOP bill will also finally repeal the estate tax in 2024.Members will see the tax framework Thursday morning when the House ways and means committee releases its bill that is expected to expand the child tax credit, repeal the estate tax, lower the corporate tax rate and reduce the number of individual tax brackets from seven to four.But there are still key questions about what will be in the bill and whether the leadership can wrangle the votes they will need to deliver President Donald Trump a major legislative victory by the end of the year. 1208
Illinois authorities are investigating allegations of neglect after a fire in Chicago killed 10 children, officials said Tuesday.Eight bodies were discovered Sunday after the blaze broke out in the two-story building. The other two victims, both 14, died this week at John H. Stroger, Jr. Hospital, said Natalia Derevyanny, a spokeswoman with the Cook County Bureau of Administration.The investigation was opened after fire officials said there were no adults in the home, Illinois Department of Children and Family Services spokesperson Alissandra Calderon said in an email.A family member told CNN affiliate WGN the children were at the house for a sleepover. 669

However, it turns out that Hidalgo wasn't fired. According to Roman Stone Works, he returned to work two days after sharing the meme and then walked off the job on his own last Wednesday.Hidalgo confirms that happened, saying he went in after the text message because he wasn't entirely sure he was fired. However, he quit a few days after returning to work."With the bad blood, I didn't want to work there anymore," he said.Jan Jeffrey Rubenstein, a lawyer representing Roman Stone Works, says the company's owners have been receiving death threats at work and home. They say the backlash is unfair, especially when Hidalgo quit on his own."Roman Stoneworks and its owner and personnel have been subjected to significant monetary damage, as well as threats, profanity and harassment by phone and email," Rubenstein's statement read, in part. "Due to the backlash from these false claims, my client's webpage has had to be removed, and the individuals involved have been inundated with calls and emails.""I never meant for people to blow it up like that or spam their company or defame their name," Hidalgo explained.He might delete the post, but believes the "damage is done."Hidalgo is now waiting to hear if he will get a new job after an interview."Watch what you share sometimes because it could get you in trouble. It can look bad on you," Hidalgo added.Read the entire statement issued by Roman Stone Works' lawyer below. 1436
House Speaker Nancy Pelosi, D-Calif., filed a request with the Joint Committee on the Library on Wednesday to remove 11 statues of Confederate leaders from the US Capitol.The statues are held in Statuary Hall, and is a prominent spot for visitors of the US Capitol. The hall is frequently seen in the background of media interviews with members of Congress.Each state sends two statues to be viewed in Statuary Hall. States largely decide on the statues to be displayed in the hall. Among the statues in Statuary Hall include Confederacy president Jefferson Davis and Confederate commander Robert E. Lee.“The statues in the Capitol should embody our highest ideals as Americans, expressing who we are and who we aspire to be as a nation,” Pelosi said in a letter to formalize her request. “Monuments to men who advocated cruelty and barbarism to achieve such a plainly racist end are a grotesque affront to these ideals. Their statues pay homage to hate, not heritage. They must be removed.“While I believe it is imperative that we never forget our history lest we repeat it, I also believe that there is no room for celebrating the violent bigotry of the men of the Confederacy in the hallowed halls of the United States Capitol or in places of honor across the country.”Pelosi’s sent her letter around the same time NASCAR announced that it is banning Confederate flags from be displayed at its race tracks. There are also a number of Confederate statues that are in the process of being removed throughout the US in response to the unrest following the death of George Floyd two weeks ago. 1600
If you are still out of work, chances are the bonus unemployment check has helped you out. The 0 weekly bonus passed by Congress earlier this year helped millions of Americans who lost their job due to the pandemic. OUT OF TIMEThe benefit is set to expire on July 31, however because of payment schedules, this week will be the final week of the benefit. Congress is not expected to pass a new round of relief by next week although they could offer back-pay should relief legislation eventually pass. WHY IT MIGHT NOT BE EXTENDEDDemocrats have called for extending the benefit or at the very least enhancing current unemployment payouts. Republicans, however, are more skeptical, with some believing the incentive is stopping Americans from returning to work or looking for new work. THIS WEEK IS CRUCIALNegotiations are well underway and this week will be full of developments. That's because Congress is back from their Fourth of July recess. Senator Mitch McConnell and Rep. Kevin McCarthy, both GOP leaders in Congress, met with President Donald Trump at the White House today. On Tuesday, Trump Chief of Staff Mark Meadows and Treasury Secretary Steve Mnuchin will attend meetings on Capitol Hill. President Trump is even rumored to potentially make an in-person appearance on Capitol Hill this week. Everything from expanding small business loans to another stimulus check is expected to be included in the negotiations. 1438
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