NEWS FLASH

House Of Representatives Approves Cantor’s $46 Billion Tax Giveaway | The Republican-controlled U.S. House passed a bill today, backed by House Majority Leader Eric Cantor (R-VA), that would supposedly grant small businesses a 20 percent tax cut. However, as we’ve noted over and over, the bill would actually be a $46 billion giveaway to the rich. The bill was approved on a 235-173 vote, with 18 Democrats voting in favor and 10 Republicans voting against. Today, CAP’s Seth Hanlon noted that, according to an analysis that Cantor himself was touting, the bill spends $1.1 million for every job it creates. Democrats today noted this salient fact while blasting the bill on the House floor. Watch it:

– Fatima Najiy