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 Greenberg details just what happens when the individual mandate is repealed.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.
Fresh off a high-profile loss against Amazon in Bessemer, Alabama, the union movement in America is more fired up than it's been in a generation.
The headlines from President Biden's first speech to Congress, plus why he's got reason to be sounding optimistic about the state of the pandemic. And would you let a Walmart worker stock your fridge?
The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.
Federal Reserve Chair Jerome Powell stuck to his guns on Wednesday following a two-day policy meeting of the Federal Open Market Committee.
Former President Donald Trump is defending Rudy Giuliani, his longtime personal lawyer, after federal investigators executed search warrants at Rudy Giuliani’s Manhattan residence and office.
President Joe Biden declares “America is rising anew” as he calls for an expansion of federal programs to drive the economy past the coronavirus pandemic and broadly extend the social safety net on a scale not seen in decades.
Jill and Carlo discuss the CDC's updated mask guidance, a deeper dive into the catastrophe in India, what POTUS will pitch to Congress, and the biggest public health breakthrough of the decade that you haven't heard about.
India’s official death toll has passed 200,000, but the true number is likely far higher.
MindMed CEO J.R. Rahn spoke to Cheddar about the psychedelic mental health therapy company taking the big step forward going public on the Nasdaq exchange.
President Joe Biden spent his first 100 days in office encouraging Americans to mask up and stay home to slow the spread of COVID-19.
