President Donald Trump touting his tax bill over Twitter. Politifact Staff Writer Jon Greenberg fact-checks claims Trump made over the impact of tax reform. The GOP tax plan signed into law last week terminates the individual mandate for Obamacare. On Tuesday, Trump tweeted this provision "essentially repeals--over time--Obamacare."
Greenberg says its encouraging to see Trump modify this claim to "over time" but the statement still is not accurate. "Getting rid of the mandate doesn't get rid of (all) those elements so there's no repeal there," says Greenberg. Eliminating the mandate does undercut the Affordable Care Act, but Greenberg says it does not completely repeal it.
Greenberg says Trump's claim that Russia did not interfere in the 2016 U.S. election is Politifact's "Biggest Lie of 2017." "It may be a lot of things but it is not made up," says Greenberg. "He wants to see this whole thing just go away."
Cash-short banks have borrowed about $300 billion from the Federal Reserve in the past week, the central bank announced Thursday.
A total of 33 states and the District of Columbia now allow at least some form of sports wagering, but the prospects are mixed for expanding sports betting to additional states this year.
The National Oceanic and Atmospheric Administration has released its 2023 Spring outlook and the ongoing trend of unseasonable weather could be continuing.
Adam Bry, co-founder and CEO of drone manufacturer Skydio, joined Cheddar News to discuss the company's latest funding round and the Russia-US drone collision.
The San Francisco Board of Supervisors voiced support for the city's reparations committee's recommendation to pay eligible Black adult residents $5 million
The Federal Reserve on Wednesday evening said its long-awaited digital payment system, the FedNow Service, will start operating in July. The service is designed to provide a national platform for financial institutions to settle payments in real-time and at lower cost. That could include large banks, payment processors, and the U.S. Treasury.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
A federal judge in Texas raised questions Wednesday about a Christian group's effort to overturn the decades-old U.S. approval of a leading abortion drug, in a case that could threaten the country's most common method for ending pregnancies.
Texas Rep. Greg Casar spoke with Cheddar News to give his thoughts on abortion rights and union protection.
Texas officials have announced a takeover of Houston’s nearly 200,000-student school district.
