Jon Greenberg, staff writer for Politifact, breaks down some of the rhetoric from the left and the right around the GOP tax reform bill.
Chris Ruddy of Newsmax claimed that the GOP bill would bring in $3 trillion of offshore funds back into the economy from large U.S. corporations receiving a tax cut overseas. But just how true is this? Politifact has rated the statement half true. Greenberg notes that while corporations are receiving a reduction in overseas taxes, 45% of the $3 trillion made overseas is already in the U.S.
Greenberg also weighs in on House Minority Leader Nancy Pelosi's statement that the GOP bill would "sabotage" the healthcare of 13 million Americans. Greenberg details just what happens when the individual mandate is repealed. He explains that the repeal of the individual mandate will cause healthy people to leave the marketplace, which will cause costs to go up for those that are sick. That means some of those people won't be able to afford health insurance anymore. Politifact's overall rating of Pelosi's statement: half true.
Senate Democrats promised Tuesday to pursue stronger ethics rules for the Supreme Court in the wake of reports that Justice Clarence Thomas participated in luxury vacations and a real estate deal with a top GOP donor. Republicans made clear they strongly oppose the effort.
The Biden administration will send 1,500 troops to the U.S.-Mexico border amid an expected migrant surge following the end of coronavirus pandemic-era restrictions.
Major Changes to Drug Policies for Federal Job Applicants
The board of supervisors picked by Ron DeSantis voted to countersue Disney after the company filed a lawsuit against the Florida governor, alleging political retaliation.
The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring only as much as $250,000 in bank deposits.
A Missouri judge has blocked a unique rule that would restrict access to gender-affirming health care to children and adults.
Attorneys for Montana state Rep. Zooey Zephyr are asking a court to allow for her return to the House floor.
Members of the Central Florida Tourism Oversight District on Monday voted unanimously to sue Disney in state court in the Orlando area.
The annual White House Correspondents' dinner was held on Saturday, and this year's dinner was hosted by The Daily Show's Roy Wood Jr. President Joe Biden gave a speech and didn't hold back, poking fun at Fox News and his own approval ratings.
Appearing on CNN's "State of the Union," Sen. Bernie Sanders on Sunday said President Joe Biden is headed for a "landslide" victory in 2024, as long as Democrats remain "stronger on working-class issues."
