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."
Catching you up on the stories you need to know this morning, the U.S. could soon get its first major gun safety law in years, the House Select Committee investigating the January 6th attack on the U.S. capitol holds its second hearing, and today might just be the day the Supreme Court overturns Roe v. Wade, and decides on new gun laws.
U.S. stocks closed Thursday at their lowest levels of the trading day, as investors continue to eye inflation ahead of the May CPI report out Friday. Art Hogan, Chief Market Strategist for National Holdings, joins Cheddar News' Closing Bell to discuss.
The PGA has suspended 17 golfers, including Phil Mickelson and Dustin Johnson, who are competing in a Saudi-backed golf event outside of London. In a memo, commissioner Jay Monahan said "these players have made their choice for their own financial-based reasons", announcing they are ineligible to participate on the PGA tour or any other tours it sanctions. Hugh Kellenberger, Senior Managing Editor at the Athletic, breaks down the controversy, and what might happen next.
