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.
Sen. Bob Menendez (D-N.J.) joined Cheddar to discuss the first Presidential debate between President Trump and Joe Biden. Menendez called the event a disgrace largely in part because of the president's incessant attacks on Biden during his responses.
The Commission on Presidential Debates says it's adding new "tools to maintain order" to the upcoming debates.
Here are key takeaways from the first of three scheduled presidential debates between President DOnald Trump and Democratic nominee Joe Biden before Election Day on Nov. 3.
President Donald Trump and Democratic rival Joe Biden sparred Tuesday in their first of three debates, hoping to sway undecided voters planning to cast ballots by mail and in person in the final weeks leading up to the Nov. 3 election.
A look at how their statements from Cleveland stack up with the facts.
Stocks ended with moderate losses Tuesday as investors waited for the first debate between President Donald Trump and Democratic challenger Joe Biden.
Joey Bergstein, Seventh Generation CEO, joined Cheddar to discuss the climate crisis and the presidential debate.
Democratic presidential nominee Joe Biden paid nearly $288,000 in federal income taxes last year, according to returns he released just hours before his debate with President Donald Trump.
Activist, Erin Brockovich joined Cheddar to advocate for 911 operators to be classified as first responders and address problems plaguing the water supply in U.S. communities.
Supreme Court Justice Ruth Bader Ginsburg was buried Tuesday in a private ceremony at Arlington National Cemetery. She is the 14th justice to be buried at the cemetery.
The milestone, recorded by Johns Hopkins University, comes nine months into a crisis that has devastated the global economy, tested world leaders’ resolve, pitted science against politics and forced multitudes to change the way they live, learn and work.
