Congresswoman Bonnie Watson Coleman represents New Jersey's 12th district. She says a majority of people in the country, and her constituents, will see a tax increase under the new law. The Congresswoman points out that estate tax eliminations will benefit the richest Americans, including President Trump.
New Jersey and New York are among the highest-taxed states in the country, which is why many Republicans from both voted "no" on the bill. The congresswoman says they are on the right side of history because the bill will hurt middle-class families in their states.
Watson Coleman had a message for constituents: stay awake, stay alert, stay mobilized. The 2018 midterm elections, she says, will be an opportunity for voters across the country who want to change the tax bill to be heard.
This morning on Cheddar Big News: President Trump says a pardon is "not off the table" for his former campaign chairman Paul Mananfort; families of victims of the Santa Fe, Tex. school shooting sue the parents of the gunman; and highlights from the National Tree Lighting in Washington, D.C.
These are the headlines you Need 2 Know for Thursday, Nov. 29, 2018.
Committees in the New Jersey state Senate and Assembly may have both approved a bill that would legalize recreational marijuana in the state, but the bill's success isn't certain, said Politico New Jersey Reporter Sam Sutton.
Facebook has failed to properly address its “black people problem,” a former employee told Cheddar Wednesday. Earlier this month, former partnerships manager Mark Luckie sent a searing memo criticizing the company’s lack of racial diversity to Facebook employees shortly before he left his post. He recently published the memo, which quickly went viral.
TOMS Founder Blake Mycoskie told Cheddar in an interview he decided after the recent shooting in Thousand Oaks, Calif., near his home, that it was incumbent on businesses to act where lawmakers could not.
Fed Chair Jerome Powell addressed a luncheon Tuesday with a tone that suggested interest rate hikes may slow. Investors loved what they heard, and markets soared in the wake of Powell's remarks.
Venezuela, once a vibrant economy with some of the richest oil reserves in the world, is now in economic crisis. Brian Price, executive producer of a new documentary "Venezuela: State of Disaster," explores how a country with so much promise devolved into utter economic disaster, where hospital patients are now told to "bring their own lightbulbs" to surgery so the doctor can see.
After General Motors announced it will be closing several plants and reducing its workforce significantly, there was bipartisan criticism from Americans and Congress. Democrat Debbie Dingell, a representative from a small suburb of Detroit, told Cheddar that she was backing out of her support for President Trump's trade policies if they meant GM jobs would be going to Mexico.
These are the headlines you Need 2 Know for Wednesday, Nov. 28. 2018.
Columbus, Ohio, may not have won the bid for Amazon's HQ2, but the city isn't ready to retire its proposal quite yet. Mayor Andrew Ginther said the city's leaders plan to use their application as a road map to transform Columbus from a Midwestern destination into a national one.
