Jon Greenberg, staff writer for Politifact, breaks down some of the rhetoric from the left and the right around the GOP tax reform bill.
Chris Ruddy of Newsmax claimed that the GOP bill would bring in $3 trillion of offshore funds back into the economy from large U.S. corporations receiving a tax cut overseas. But just how true is this? Politifact has rated the statement half true. Greenberg notes that while corporations are receiving a reduction in overseas taxes, 45% of the $3 trillion made overseas is already in the U.S.
Greenberg also weighs in on House Minority Leader Nancy Pelosi's statement that the GOP bill would "sabotage" the healthcare of 13 million Americans. Greenberg details just what happens when the individual mandate is repealed. He explains that the repeal of the individual mandate will cause healthy people to leave the marketplace, which will cause costs to go up for those that are sick. That means some of those people won't be able to afford health insurance anymore. Politifact's overall rating of Pelosi's statement: half true.
Officials from Ukraine and Russia have begun meeting along the Belarus border to discuss a potential end to the ongoing invasion, even as the fighting continues to drag on. Rep. Al Green (D-Texas 9th District) joined Cheddar's Opening Bell to discuss the conflict between Russia and Ukraine, what to expect from President Joe Biden's State of The Union Address, and the nomination of Ketanji Brown Jackson for the Supreme Court. "I'm still hopeful, and I hope that Mr. Putin will understand that he has united the world against him," Green said of the new round of peace talks.
Within hours of Russia's first attack on Ukraine, President Joe Biden addressed the nation by stating that the White House will impose wider sanctions on Russian banks. These sanctions could result in damage to the Russian economy. Host of "Oh My World" on Youtube and Former Spokesperson for the U. S. Mission to the U. N. Hagar Chemali, joined Cheddar to discuss more.
As we celebrate Black History Month, Cheddar is highlighting prominent Black Americans who are carving their own historic paths and trailblazing in their fields. Today we feature Ketanji Brown Jackson, the first Black woman SCOTUS nominee.
Russia's invasion of Ukraine went hand in hand with cyberattacks against Ukrainian government websites and financial institutions. Cheddar News speaks with cybersecurity expert Karim Hijazi, CEO of Prevaillon, on why the Russian cyberwarfare is concerning to other nations.
Florida legislation being called the 'Don't Say Gay' bill would restrict some discussion of sexual orientation and gender identity in classrooms with young students. Jon Harris Maurer, public policy director at Equality Florida, joins Cheddar News to discuss.
President Joe Biden promised during his campaign to focus on stable and ally-focused foreign policy, and the Russia-Ukraine crisis seems like an opportunity for him to focus on that tactic after last year's chaotic Afghanistan withdrawal. So far, Biden and western allies have banned together to sanction Russian banks, billionaires, and even President Vladimir Putin himself. Meanwhile, Biden has not deployed U.S. troops to intervene directly in Ukraine. Jack Detsch, national security reporter at Foreign Policy, joins Closing Bell to discuss why Biden is focusing on a sanctions-based, ally-focused strategy, what impact sanctions could have on Russia's economy, and more.
As Russia continues its attack on Ukraine, protests are popping up in major cities across the U.S., including across the street from the United Nations in New York City.. Chloe Aiello reports.
