On Tuesday the House passed the Republican Tax Plan by a 227-203 margin. Politico Tax Reporter Aaron Lorenzo explains the path forward for this legislation in the Senate, and how individuals and corporations will be impacted.
Lorenzo says he expects the GOP plan to pass the Senate, and signed by President Trump before the end of the year. The bill is a $1.5 Trillion tax cut which nearly doubles standard deduction, and cuts the corporate tax rate from 35 percent to 21 percent. Lorenzo says he expect retail to be a big winner, because they do not face a big margin.
According to a recent Gallup Poll, more than half of Americans say the proposed tax cuts would not help their families financial situation, and would not help the U.S. economy.
Tyler Pager, White House reporter at the Washington Post, and Reecie Colbert, founder of BlackWomenViews Media, join Cheddar Politics to discuss President Biden's Supreme Court nominee Judge Ketanji Brown Jackson. They break down how her nomination came to be and what comes next in her confirmation process.
Joel Rubin, former deputy assistant at Secretary of State & president of the Washington Strategy Group, joins Cheddar News to break down the latest between Russia and Ukraine.
Nicole Goodkind, business and politics reporter at Fortune Magazine, joins Cheddar Politics to break down President Biden's first State of the Union address.
Londoners are facing travel chaos after around 10,000 transport workers walked off their jobs for the second day this week, leaving almost all of the capital’s subway lines suspended or severely disrupted.
Rep. Carolyn Maloney joined Cheddar News after President Biden's State of the Union address to give her reaction and talk about the situation in Ukraine.
UN and Ukrainian officials say no radiation was released from a Russian attack at Europe’s biggest nuclear power plant in Ukraine and firefighters have extinguished a blaze at the facility..
Liz Landers Chief Political Correspondent at Vice News, breaks down the President's address including his stance on the Russian invasion and spotlights historic moments during his speech.
Markets opened higher on Thursday despite ongoing uncertainty amid the Russia-Ukraine conflict. John Petrides, Portfolio Manager, Tocqueville Asset Management joined Cheddar's Opening Bell to discuss early market activity.
Experts warn that social media is a root cause of mental health issues among many young adults. Sen. Tammy Baldwin (D-Wis.), who co-wrote a letter to TikTok demanding why its algorithms promote toxic content, joined Cheddar to discuss.
