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The Democratic Party is the party of the four S’s: slavery, secession, segregation and socialism (Quote By Author Michael Scheuer).
Wednesday, December 20, 2017
HISTORIC: Republicans in House and Senate Pass Tax Cut Bill!
President Trump is praising Republicans for passing
historic tax cuts Wednesday afternoon and will host lawmakers at the White
House for a celebration.
After the House voted and passed a revised Senate version
of the legislation, lawmakers who voted in favor congregated outside of the
Capitol to board buses down to Pennsylvania Avenue.
The bill will be signed by President Trump in the coming
days and will go into effect in February.
"We had a historic victory for the American people.
It will go through final passage today in the House. Then the
congressmen and women and the Senate will be coming over -- the Republican
Senate," Trump said at the White House earlier today. "We're going to
have the Republican senators come over, we're going to have the Republican
members of the House come over. And we're going to have a news
conference. And people are starting to see how great this historic
Schumer Attacks AT&T for Not Helping
Workers Immediately After Company Announces Widespread Bonuses
By Alex Griswold
AT&T to give $1,000 special bonuses to more than
200,000 U.S. employees because of GOP tax bill
Senate Minority Leader Chuck Schumer (D., N.Y.) on
Wednesday attacked AT&T by name for not passing along tax savings to its
employees immediately after the telecommunications giant announced that it
would do just that.
AT&T announced Wednesday that it will give
$1,000 special bonuses to more than 200,000 "union-represented,
non-management and front-line managers" and invest an additional $1
billion in the U.S., citing the House and Senate passage of the
sweeping Republican tax reform bill as its reason for doing so.
"Congress, working closely with the president, took
a monumental step to bring taxes paid by U.S. businesses in line with the rest
of the industrialized world," said Randall Stephenson, AT&T chairman
and CEO. "This tax reform will drive economic growth and create
good-paying jobs. In fact, we will increase our U.S. investment and pay a
special bonus to our U.S. employees."
"Since 2012, AT&T has invested more in the
United States than any other public company," the company added.
"Every $1 billion in capital invested in the telecom industry creates
about 7,000 jobs for American workers, research shows."
Almost simultaneously with the AT&T announcement,
Schumer gave a prepared speech attacking the notion of trickle-down economics
and arguing that companies receiving tax breaks would just pocket the
"I love the example of AT&T," he
said. "Over the last ten years, AT&T has paid an average tax rate of
eight percent a year. They have 80,000 fewer employees today than they had
"Tax breaks don't lead to job creation,"
Schumer continued. "They lead to big CEO salaries and money for the
very, very wealthy."