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 Greenberg details just what happens when the individual mandate is repealed.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.
The law passed Thursday places new restrictions on voting by mail and greater legislative oversight of elections. Democrats and voting rights groups say the law will disproportionately disenfranchise voters of color.
President Joe Biden is leaving the door open to backing fundamental changes in Senate procedure to muscle key parts of his agenda past Republican opposition.
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.
Sen. John Hickenlooper (D-Colo.) spoke to Cheddar about how his GOP colleagues should back universal background checks for gun purchasers while avoiding taking a hard stance on changes to the filibuster.
More than three months into the U.S. vaccination drive, many of the numbers paint an increasingly encouraging picture.
Cheddar previews the Thursday, March 25, Congressional hearing to feature Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and Google CEO Sundar Pichai.
In an interview with Cheddar, New York State Senator Liz Krueger (D) said that there is now one bill on the table that is almost complete and is agreed upon by all legislative bodies in the state.
Prince Harry has joined the corporate world as employee coaching and mental health firm BetterUp Inc.’s Chief Impact Officer.
Democrats say they are pushing toward a vote on expanded gun control measures as the nation reels from it its second mass shooting in a week.
Rep. Andy Kim of New Jersey talked to Cheddar about his concern that once the news cycle moves on, Americans will forget about the threat that remains against Asian and Asian American people.
