Jon Greenberg, Staff Writer for Politifact talks some of the rhetoric around tax reform, as the House takes the bill to the floor Tuesday for debate and a possible vote.
Greenberg talks statements President Trump has made about the bill. Is it the biggest tax cut ever? Does the president stand to lose "a fortune"?
We dig into Speaker Paul Ryan's comments about just how much of a cut will be given to Wisconsin families and Rep. Gwen Moore's remarks about how much millionaires and billionaires stand to gain versus what middle class Americans stand to lose.
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.
U.S. weekly jobless claims rose to 362,000 for the week ending September 25th, higher than the 335,000 economists had expected. This figure is also slightly higher than the 351,000 reported a week earlier. Louis Cordone, Senior Vice President of Data Strategy at AST joined Wake Up with Cheddar to discuss.
Former French President Nicolas Sarkozy has been found guilty of illegal campaign financing linked to his 2012 bid for reelection after $54 million was spent on fake invoices. Sarkozy was sentenced to one year in prison.
