Can Republicans Defend Tax Reform After It Becomes Law?
Congress passed the largest overhaul to the American tax code in over three decades. If and when President Trump signs it into law, will Republicans be able to defend the bill, given its low national approval ratings?
Nick Givas, Media Reporter at The Daily Caller, and Nate Lerner, Executive Director at the Democratic Coalition, discuss the uphill battle Republicans face selling tax reform in time for the 2018 midterm elections. Lerner says it's the same problem that Democrats faced after passing passing the Affordable Health Care Act.
Givas and Lerner also discuss whether President Trump signs the tax bill into law before the New Year. If the bill is signed before the holidays, then it will cause immediate cuts to programs like Medicare thanks to the Reagan-era Paygo law. It forces the federal government to make major cuts to programs when Congress passes a law that will cause national debt to rise.
Liana Guzmán, CEO of FOLX Health, joins Cheddar News to discuss the company launching billboards across the country in response to anti-LGBTQ+ legislation.
President Biden has announced an additional $800 million in military assistance to Ukraine, including artillery, armored personnel carriers, and helicopters. It comes as Russian forces appear to be preparing for a new, aggressive offensive in the eastern part of Ukraine. Paul McLeary, defense reporter for Politico, joined Cheddar to discuss this new round of aid and what it means for the U.S. commitment to arming the embattled country.
Catching you up on what you need to know on April 18, 2022, with Russian missile attacks on the Ukrainian city of Lviv killing seven, mass shootings in South Carolina and Pittsburgh, Lucky Charms cereal under official investigation by the FDA, and more.
Activism is growing around the country in response to school boards banning books from shelves that focus on sexuality, gender, identity, or race. Jen Cousins, co-founder of The Florida Freedom to Read Project, joins Cheddar News to discuss.
As the Russian invasion of Ukraine intensifies, President Biden has announced a ban on importing Russian oil, gas, and energy. To discuss how this ban will impact the war and Americans, Amir Handjani, non-resident fellow at Quincy Institute, joins Cheddar News.
Thousands of protesters around the world are expressing their solidarity with Ukraine against Russia's invasion.
Jason Beardsley, national executive director of the Association of the U.S. Navy and national security expert, joins Cheddar News to discuss.
As gas prices surge amid the Russian invasion of Ukraine, other nations could potentially transition faster to using clean energy than previously expected. Philip K. Verleger, a senior fellow at the Niskanen Center, joined Cheddar News to explain how this could be a possibility in the near future. "Part of the reason I think we have this invasion and the tantrum that's being thrown by Russia, terrible tantrum, is because the Russians were trying to slow down the transition," he said. "Ironically they speeded it up."
Following the invasion of Ukraine, a multitude of Western companies have paused doing business with Russia. PepsiCo, Coca-Cola, McDonald's, and Starbucks are the most recent companies to temporarily cease operations in Russia. Dean of Miami Herbert Business School at the University of Miami, John Quelch, joined Cheddar News to discuss what message this sends to Russia and the Russian consumer. “I would not underestimate the collective strength of all of these multinational companies, essentially coming together to make their collective statement in support of the political statements that have come out of Washington," he said.
The war in Ukraine continues to reveal heartbreaking gut-wrenching stories. The war in itself is not only devastating but also expensive. Experts estimate that Russia is draining nearly $20 million dollars each day to continue occupying and invading Ukraine. All this could force the country to turn to cryptocurrencies. It's a major turn for the country that briefly considered outlined digital assets entirely, but it could also have serious implications for cryptos. Managing Director at Quantum Fintech Group, Harry Yeh, joined Cheddar to discuss more.
