The Senate passed the final version of the tax bill early Wednesday morning. It overhauls the tax code and cuts corporate tax rates, but Democrats and critics say the plan will primarily benefit the wealthy and corporations.

The GOP has argued that by cutting taxes for corporations, businesses will reinvest their savings in their workers by raising wages. But Williams and Steinberg explain why the GOP numbers just don't add up. 

Also, will the CHIP program needs to be funded by Dec. 31st. The bi-partisan program provides health insurance coverage for just shy of nine million children whose families have too much income to qualify for Medicaid but not enough to afford the cost of insurance. It is increasingly used by families whose employer-provided insurance is too expensive.

CHIP is provided for free or the program's premiums are pegged to an amount based on a family's annual income.

CHIP has come into the news lately because Congress has not yet reauthorized its funding mechanism and, as a result, states are running out of money. Once the money runs out, potentially hundreds of thousands -- if not millions -- of low-income kids could lose their health insurance. That could be a dire situation for some families.

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