Early Wednesday morning the Senate passed its tax reform bill, hours after it was sent back to the House for a re-vote. Romina Boccia, Deputy Director at The Heritage Foundation, joins Cheddar to discuss how the bill will impact small companies and what she wishes was included in the legislation.
She predicts there will be more foreign direct investments into American companies, which will drive wages and create jobs in the U.S. It will encourage major corporations to move their headquarters to America. The corporate tax rate will drop from 35% to 21%, bringing American closer to the world's average, she says.
Plus, many are concerned about the removal of the state and city tax deduction. Boccia explains you can still deduct up to $10,000 with the cap now. She says only very wealthy individuals will feel an impact.
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."
A first-of-its-kind federal investigation has found two hospitals put a pregnant woman's life in jeopardy and violated federal law by refusing to provide an emergency abortion when she experienced premature labor at 17 weeks.
President Joe Biden is set to host President Ferdinand Marcos Jr. of the Philippines for White House talks Monday as concerns grow about the Chinese navy's harassment of Philippine vessels in the South China Sea.
While doctors fear the dangers of untrained people managing their own hormone replacement therapy, a growing number of transgender people say they see no other option for life-saving care.
Abortion bans in deeply conservative Nebraska and South Carolina each fell a single vote short of passing in their legislatures amid heated debates among Republicans.
Senate Republicans on Thursday blocked a Democratic measure to revive the Equal Rights Amendment, dealing yet another blow to supporters who have pushed for more than five decades to amend the Constitution to prohibit discrimination based on sex.
Former Vice President Mike Pence testified Thursday before a federal grand jury investigating efforts by then-President Donald Trump and his allies to overturn the results of the 2020 presidential election, according to a person familiar with the matter.
Iran reportedly seized another oil tanker in the Gulf of Oman, according to the U.S. Navy.
