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 Greenberg details just what happens when the individual mandate is repealed.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.
House Judiciary Committee Chair Jim Jordan is calling on the assistant U.S. attorney for Delaware, Lesley Wolf, to appear before the committee by Dec. 7 to respond to allegations that she interfered in the yearslong case into the president’s son.
Israel and Hamas have reached an agreement for a four-day halt to the devastating war in Gaza and the release of dozens of hostages held by the militant group as well as Palestinian prisoners.
New Jersey will prohibit the sale of new gasoline-powered vehicles by 2035 as part of an effort to improve air quality and reduce planet-warming pollutants, officials announced Tuesday.
The leader of Hamas said that a truce agreement is close and would reportedly include a multi-day ceasefire and the release of at least 50 hostages in exchange for Palestinian women and children detained in Israel.
A federal appeals court appeared inclined Monday to reimpose at least some restrictions on Donald Trump’s speech in his landmark election subversion case.
