Click on the 'Listen' button above to hear this segmentThe GOP tax cut bill hit a miniature snag on the Senate floor final night. Aides have been trying write in final minute deals to the bill,which President Trump and Majority Leader Mitch McConnell hope will help propel the legislation forward in the House and the Senate. Meanwhile, residents of Puerto Rico are calling foul on a provision in the House bill, and which passed in mid-November."It puts an excise tax on products and services for Puerto Rico — 20 percent," San Juan Mayor Carmen Yulin Cruz told Rachel Maddow earlier this week. "This would be a much more devastating blow to our economy than Irma and Maria set aside together."Cate Long, founder of Puerto Rico Clearing House, or a research firm for bond holders, explains how the Republican tax bill could impact the U.
S. territory. This episode is hosted by Todd Zwillich
Source: thetakeaway.org