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.
Joe Biden blistered President Donald Trump a day after police drove back peaceful protesters near the White House so Trump could pose with a Bible before a damaged church.
Rep. Clarke spoke to Cheddar about the NYPD and Mayor De Blasio's handling on two NYPD squad cars driving into a crowd of protesters over the weekend.
As demonstrations across the country grow more violent by the day, Rashad Robinson says a lack of leadership in the White House is part of the issue.
The S&P 500 climbed 0.4% after wavering between small gains and losses in the early going.
An autopsy commissioned for George Floyd’s family found that Floyd died of asphyxiation due to neck and back compression when a Minneapolis police officer kneeled on his neck for several minutes and ignored his cries of distress, the Floyd family’s attorneys said Monday.
Facebook employees are using Twitter to register their frustration over CEO Mark Zuckerberg’s decision to leave up posts by President Donald Trump that suggested protesters in Minneapolis could be shot.
Federal health authorities have received reports of nearly 26,000 nursing home residents dying from COVID-19, according to materials prepared for the nation's governors. That number is partial and likely to go higher.
Leslie Ricard Chambers, deputy executive counsel for Louisiana Governor John Bel Edwards, talked to Cheddar Monday morning, as cities across the country woke up after another night of unrest.
President Donald Trump is deriding the nation’s governors as “weak” and demanding tougher crackdowns on protesters in the aftermath of more violent protests in dozens of American cities.
President Donald Trump spent time in a White House bunker during Friday night's protests outside the executive mansion. Secret Service agents rushed him there as some of the demonstrators were throwing rocks and tugging at police barricades.
