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 Greenberg details just what happens when the individual mandate is repealed.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.
It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi’s party.
The Canadian government has designated the Proud Boys group as a terrorist entity.
Slain U.S. Capitol Police Officer Brian Sicknick lay in honor Wednesday in the building he died defending as colleagues and the lawmakers he protected paid their respects.
House Democrats say the Senate should convict former President Trump and bar him from office because he endangered the lives of all members of Congress when he aimed a mob of supporters “like a loaded cannon” at the U.S. Capitol last month.
The Reddit-fueled buying spree of GameStop stocks may be winding down, but regulators and legal experts are still only beginning to understand the implications of what just happened.
Philanthropist and former Democratic presidential candidate Tom Steyer wants President Biden to do more than just reverse Trump's policies on climate change.
Amazon is paying nearly $62 million to settle charges that it took tips from its delivery drivers.
Oregon became the first state in the U.S. to decriminalize drug possession after a new law, approved by voters in November, went into effect.
House Majority Whip, Jim Clyburn (D-S.C. 6th District) shares his expectations of President Joe Biden as his administration gets settled in.
Rep. Patrick McHenry (R-N.C. 10th District), spoke to Cheddar about the Reddit Revolt on GameStop's stock and what role Congress might play going forward.
Load More