As 2020 presidential candidates prepare to take the stage at the fifth Democratic debate on Wednesday, the lower tier candidates continue their fight for a spot on the national stage. With a growing field of candidates, the ability to stand out in an already crowded field dwindles.
Former Congressman John Delaney was the first to throw his hat in the race in July of 2017, but that hasn't translated into a successful bid for the Democratic nomination.
Still, Delaney sees his moderate approach to universal healthcare as a way to stand out in a progressive field. "I'm more in the Warren and Sanders camp on the goal, which is to give everyone health care as a basic human right. I just have a very different way of implementing it," Delaney said.
Senator Michael Bennet's goal is to appeal to those in purple states by tackling issues such as healthcare with a more pragmatic approach.
"I don't want to fight a losing battle on Medicare for all over the next 10 years because it will strip from us the opportunity to deliver a better economic chance for most Americans," Bennet said.
The Colorado senator's ideals have not translated in polls, but Bennet has found a silver lining.
"My polling is never good except in one respect, which is that people that I expected to be 20 points ahead of me are like one point ahead of me or two points ahead of me," Bennet said.
Former Congressman Joe Sestak sees persistence as the key to winning over Iowa caucus-goers.
"It's tough to keep going at times, but that's what's most admired. I mean, in any kind of challenge," Sestak said.
Sestak has spent most of his time campaigning in early states, walking through New Hampshire and buying ads in Iowa.
Wednesday's debate marks the first time former HUD secretary Julián Castro will not be on the stage. Castro's campaign has consistently focused on marginalized communities in the U.S.
"I have been speaking up for the most vulnerable people in our country, whether it's people sleeping on the streets of Las Vegas or living in a trailer park in Iowa or in a D.C. jail serving time," Castro said.
With less than 100 days to go before the Iowa caucus and increasing requirements to qualify for the remaining primary debates, 2020 hopefuls remain optimistic that their tactics will prevail.
Updated November 20 to reflect that Bennet is not the only senator left in the race.
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.
