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."
Members of the House returned to Washington, DC, on Tuesday to vote on a short-term increase of the U.S. debt limit. The temporary measure will allow the federal government to pay its bills until December 3.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
