Jon Miller, White House Correspondent for CRTV, discusses the GOP tax bill, which could be voted on as early as Tuesday. The Republican Party secured the number of votes needed to pass the bill on Friday, when Senators Marco Rubio and Bob Corker jumped on board.
Miller notes his surprise with Corker deciding to vote for the bill, given how bothered he was originally by the $1.4 trillion it would add to the deficit. We discuss how unfavorable the bill is polling with the American people. Miller adds that much of that is because he does not think the media is doing a good job of being honest about the bill. In addition to that, 45% of Americans don't actually pay taxes. Millers talks the overall good the bill will do for the economy and business-owners.
Cheddar News breaks down what to look for on The Day Ahead. Economic data, including Jan. home prices and consumer confidence, are slated to be released while the Senate Banking Committee has a hearing scheduled in the wake of the collapse of Silicon Valley Bank. Earnings from Walgreens, Lululemon and Micron are also expected.
Disney's first round of layoffs starts this week and will eventually to the loss of about 7,000 jobs after three rounds, according to a memo sent by CEO Bob Iger.
President Joe Biden’s choice to run the Federal Aviation Administration has withdrawn his nomination, a setback for the administration that comes after Denver International Airport CEO Phillip Washington appeared to lack enough support in the closely divided Senate.
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against Changpeng Zhao, CEO of Binance, one of the last remaining major crypto exchanges. The suit charges that the platform
The actor Jonathan Majors was arrested Saturday in New York on charges of strangulation, assault and harassment, authorities said. On Sunday, an attorney for Majors said there's evidence that he is “entirely innocent."
