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 what you need to know on March 30, 2022, with updates on what is happening in Kyiv, the FDA releases plans for a fourth dose of COVID vaccines, COVID subvariant BA.2 becomes dominant variant in the U.S., employees at Conde Nast form a union, and more.
Maine Sen. Susan Collins says she'll vote to confirm Judge Ketanji Brown Jackson, giving Democrats at least one Republican vote and all but assuring Jackson will become the first Black woman on the Supreme Court.
A NASA astronaut is back on Earth after a yearlong, record-setting spaceflight. He caught a Russian ride from the International Space Station on Wednesday with two cosmonauts.
Florida Governor Ron DeSantis has signed the controversial so-called ‘Don’t Say Gay' bill into law, banning classroom instruction on gender identity and sexual orientation in kindergarten through third grade. Gary Fineout, reporter at Politico, joins Cheddar News to discuss.
U.S. stocks closed Tuesday's session near session highs. The Dow Jones Industrial Average rose 350 points, after rising more than 400 points at its session high. Shares were also impacted positively by optimism around peace talks in Ukraine. Nancy Prial, Co-Chief Executive Officer & Senior Portfolio Manager of Essex Investment Management, joins Cheddar News' Closing Bell to discuss.
Sylvia Jablonski, CIO at Defiance ETFs, breaks down the factors leading to the market's strong start to the week and discusses what investors should be focusing on when it comes to the Russian invasion of Ukraine and inflation.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Cross-border payments are big business, and crypto companies want in on the action, which means challenging established remittance services such as Western Union and MoneyGram.
