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.
TJ Ducklo, National Press Sec. for Joe Biden talks Biden campaign strategy and August DNC.
Former Massachusetts governor and co-chair of American Bridge, Patrick Deval talks House police reform bill and need for republicans to stop governing out of fear.
A government watchdog says nearly 1.1 million relief payments totaling some $1.4 billion went to dead people in the government’s coronavirus aid program.
The daily U.S. count of new coronavirus cases stood near an all-time high Thursday.
The Supreme Court has ruled that the Trump administration can deport some people seeking asylum without allowing them to make their case to a federal judge.
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
As the coronavirus sweeps the globe, Youtube is a leading outlet for information regarding the virus. Youtube chief product officer talks prioritizing channels and videos with relevant information as well as weeding out fake news.
A prosecutor has announced that three men have been indicted on murder charges in the killing of a Black man in coastal Georgia, Ahmaud Arbery.
Coronavirus hospitalizations and caseloads have hit new highs in over a half-dozen U.S. states as signs of the virus' resurgence grow.
New York Gov. Andrew Cuomo said Wednesday that travelers to New York, Connecticut, and New Jersey from states with rising coronavirus rates must isolate for 14 days.
