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 Greenberg details just what happens when the individual mandate is repealed.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.
Witnesses testified Tuesday that onlookers grew increasingly angry as they begged Minneapolis Officer Derek Chauvin to take his knee off George Floyd’s neck.
Russian President Vladimir Putin has hailed the military’s performance during recent Arctic drills, part of Moscow’s efforts to expand its presence in the polar region.
What happens inside a warehouse in Bessemer, Alabama could have major implications not just for the country’s second-largest employer but the labor movement at large.
President Joe Biden and CDC Director Dr. Rochelle Walensky are making impassioned pleas to Americans not to let their guard down in the fight against COVID-19.
New York lawmakers have finalized an agreement to legalize recreational marijuana sales to adults over the age of 21.
A joint WHO-China study on the origins of COVID-19 says that transmission from bats to humans through another animal is the most likely scenario and that a lab leak of the coronavirus is “extremely unlikely.”
We have another Infrastructure Week on the schedule and if you had “the filibuster isn’t racist” on your 2021 BINGO card, you win a prize. Here’s more about what is and isn’t expected in the Washington Week Ahead.
New York lawmakers and Gov. Cuomo have reached a deal on legalizing adult-use marijuana in the state.
Rep. Jan Schakowsky (D-Ill. 9th District) and Rep. Bob Latta (R-Ohio 5th District) joined Cheddar to discuss what Congress might do about the Big Tech companies following the latest hearing on misinformation and disinformation online.
On Thursday, March 25, Congress will hold a remote hearing with testimony from Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and Google CEO Sundar Pichai on the "misinformation and disinformation" that some argue continue to plague online platforms.
