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 Greenberg details just what happens when the individual mandate is repealed.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.
Rep. Eric Swalwell (D-Calif. 15th District)
Officer Kim Potter and Police Chief Tim Gannon both resigned two days after the death of 20-year-old Daunte Wright in Brooklyn Center.
Japan’s government has decided to start releasing treated radioactive water from the wrecked Fukushima nuclear plant into the Pacific Ocean in two years.
President Joe Biden and congressional leaders will pay their respects to Evans, who was struck by a car and killed while he manned a barricade near the Senate side of the building.
The U.S. government’s budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year.
Will Smith and director Antoine Fuqua have pulled production of their runaway slave drama “Emancipation” from Georgia over the state’s recently enacted law restricting voting access.
The chairman of the Federal Reserve says the U.S. economy is poised for an extended period of strong growth and hiring even though the coronavirus still poses some risk.
Arkansas Governor Asa Hutchinson told Cheddar he tried to stop a ban on transgender treatment for youth, as written, because of its broad language and failure to grandfather in patients already receiving hormonal treatment.
After a sleepy couple of weeks, by Washington standards, it’s back to business as usual with Congress back in town.
Mayor-Elect Tishaura Jones joined Cheddar to discuss her historic victory and what to expect of her priorities for the city of St. Louis going forward.
