Page 47 - 860 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cleared, passing the house but a lot of hurdles still ahead if they want this to become law later this year, poppy. >> manu raju, this is a win that republicans need. will they get it? >> who knows at this point. thank you very much. our chief business correspondent christine romans is here now with what this actually means for you at home. no political spin. no political spin for the next few minutes. just the facts. what do we know? >> the fact and numbers. there are two versions of the tax bill, the house and senate. it's judgment day for the house bill and the house plan cuts taxes signifi...

Minutes. great to see you. what actually is in the bill? phil lace out a little bit of where the sticking points are but what does it mean for you. that is where cnn's chief business correspondent christine romans comes in. please break it down. >> he has the politics. i've got the numbers for you. two versions of the tax bill, the house and senate, but it's judgment day for the house bill. the house plan cuts taxes significantly next year, but favors the wealthy over time. here's how. on average american incomes will rise 1.6%, or $1200 each. but by 2027, the average is going to shrink to 0...

Republicans ahead of the vote in the house. the president is counting on tax reform as he looks for the first major legislative accomplishment as we await the vote. let's take a look at the highlights from the house version of the legislation. it lowers the corporate tax rate here in the united states from 35% to 20%. reduces the number of tax brackets from seven to four and limits state and local tax deductions. it does not include the repeal of the obamacare individual mandate that is included in the senate bill right now. the average tax cut would be about $1200 next year and drops to $860 ...

Treated equally and with respect. >> reporter: and by the way, this week fox news did a poll about the alabama senate race and what they found was that jones, the democrat, was leading moore 50% to 42%. leading by eight points. but again whether the polling is accurate, we don't know. because it is based on what people were willing to share. they surveyed about 860 people. of course you know that election is a special election, it is coming up on december 12th, the middle of the holiday season. we'll see who has the greater turnout. >> and poll numbers sometime and the margin of error, m.o.e.,...

In the back. >> she could have died. >> the child is okay but the mother is charged with child endangerment. a harsh reminder just how serious this summer heat can be. >> so it all comes with warnings from authorities, you might think we don't have to say it but clearly they do. please check your cars make sure you haven't left your child inside. also check on your neighbors especially the elderly and stay hydrated if the you're going to be outside. that heat stroke can be a killer. >> absolutely. i'm shaking my head at the prospectch another child having been left in a car. okay. thank you so...