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 Greenberg details just what happens when the individual mandate is repealed.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.
President Joe Biden on Thursday is toughening COVID-19 vaccine requirements for federal workers and contractors as he aims to boost vaccinations and curb the surging delta variant that is killing thousands each week and jeopardizing the nation’s economic recovery.
A crowd erupted in cheers and song Wednesday as work crews hoisted an enormous statue of Confederate Gen. Robert E. Lee off the pedestal where it has towered over Virginia’s capital city for more than a century.
Gain-of-Function, Mexico Abortion Stunner & Album Wars
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Cheddar News' Michelle Castillo spoke to former Kipp alumni and Kipp Affirm Middle School principal Dominique Mejia about the precautions it is taking to keep everyone healthy and why it was so important to return back to in-person instruction.
America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
The number of Americans seeking unemployment benefits fell last week to 340,000, a pandemic low, another sign that the job market is steadily rebounding from the economic collapse caused by the coronavirus pandemic.
A group of Democratic senators quietly put forth a bill that could reshape domestic manufacturing in the United States.
The nation’s most far-reaching curb on abortions has taken effect in Texas, with the Supreme Court silent so far on an emergency appeal to put the law on hold.
Cheddar asked its Gen Z and Millennial-aged Facebook and Instagram users about several topics including how they use social media, buying cryptocurrency, and the future job market.
