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.
President Donald Trump appeared in public Friday evening for first time since testing positive for COVID-19 as he boarded Marine One for what was expected to be a stay of a “few days” at a military hospital.
Police said they knocked and announced themselves for a minute or more before bursting into Breonna Taylor’s apartment, but her boyfriend said he did not hear officers identify themselves, according to Kentucky grand jury recordings released Friday.
White House chief economist Joe LaVorgna joined Cheddar to discuss the economy's current standing.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The Democratic presidential nominee and his wife were tested earlier in the day after news of President Donald Trump's infection.
Actress Dasha Polanco joined Cheddar to discuss a voting initiative and partnership with Knorr.
Georgia Senate candidate, Matt Lieberman, joined Cheddar to discuss the mounting calls from fellow Democrats to drop out of the race and his commitment to advancing to a potential Senate runoff.
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill with a price tag above $1.5 trillion in last-ditch, pre-election negotiations.
One topic the 2020 presidential candidates were able to cover in the first debate was manufacturing. Wisconsin Rep. Mike Gallagher joined Cheddar to discuss whether the statements were true for his state.
A Kentucky judge has delayed until Friday the release of secret grand jury proceedings in Breonna Taylor’s killing by police.
