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.
Harley Rouda says he was a Republican and an independent before he sought to oust Congressman Dana Rohrabacher in Orange County, Calif., and win back control of Congress for Democrats. "There are a lot of people out there who would like to see this seat flipped," says Rouda, including many Republicans.
President Trump has proposed rolling back his predecessor's fuel efficiency standards. The move is effectively
an attack on states like California that set their own standards, says Dan Becker, director at Safe Climate Campaign.
PepsiCo CEO Indra Nooyi is stepping down after 12 years with the company. She helped push the soda giant into exploring healthier food and beverage options in light of changing preferences. Longtime Pepsi veteran Ramon Laguarta will replace Nooyi.
Disney, Fox, Snap, Dropbox, and others report earnings this week as earnings season winds down. Kristen Scholer and Nora Ali discuss what to expect from these quarterly results.
The trade war between the U.S. and China escalated even further after Chinese state media called out President Trump specifically, accusing him of extortion. Andrew Egger, reporter at The Weekly Standard, joins Cheddar to discuss.
The tech giants' decisions to block content by the conspiracy theorist Alex Jones may encourage other platforms to crackdown on his incendiary rhetoric, says Mashable's Heather Dockray. "The claims he's making have always been dangerous," Dockray says. "But they seem particularly paranoid as of late."
These are the headlines you Need2Know.
The Labor Department reported on Friday that the unemployment rate in the U.S. dropped to 3.9 percent and 157,000 new jobs were added in July. But while average hourly earnings rose 2.7 percent, Bankrate's Mark Hamrick points out that when inflation's factored in, workers are taking home less than a percent more in earnings.
These are the headlines you Need2Know.
Congressional candidate and former NFL linebacker Colin Allred says he received former President Barack Obama's endorsement in his bid to unseat the Republican incumbent Pete Sessions because he has run an inclusive campaign worthy of the Obama brand.
Mark Kaufman, science reporter at Mashable, discusses President Trump's surprising pick to lead the White House Office of Science and Technology Policy, atmospheric scientist Kelvin Droegemeier.
These are the headlines you Need2Know for Thursday.
