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.
Rep. Sara Jacobs (D-Calif. 53rd District) spoke to Cheddar about how those accused of provoking the January 6 attack on Capitol Hill, such as Rep. Greene and former President Trump, need to be held accountable.
Smartmatic is suing Fox News, three of its top hosts, Rudy Giuliani and Sidney Powell for $2.7 billion, charging that the defendants conspired to spread false claims it helped steal the presidential election from Trump.
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party.
The Canadian government has designated the Proud Boys group as a terrorist entity.
Slain U.S. Capitol Police Officer Brian Sicknick lay in honor Wednesday in the building he died defending as colleagues and the lawmakers he protected paid their respects.
House Democrats say the Senate should convict former President Trump and bar him from office because he endangered the lives of all members of Congress when he aimed a mob of supporters “like a loaded cannon” at the U.S. Capitol last month.
The Reddit-fueled buying spree of GameStop stocks may be winding down, but regulators and legal experts are still only beginning to understand the implications of what just happened.
Philanthropist and former Democratic presidential candidate Tom Steyer wants President Biden to do more than just reverse Trump's policies on climate change.
Amazon is paying nearly $62 million to settle charges that it took tips from its delivery drivers.
