While the first presidential debate has been widely deemed a disaster and raised questions about the remaining scheduled political bouts, Senator Bob Menendez (D-N.J.) said that former Vice President Joe Biden should still gear up for the long haul.
However, Menendez called on the Commission on Presidential Debates to make some serious changes before the next scheduled rounds. Wednesday afternoon, the Commission announced it will rethink conditions of debates moving forward.
"I think there should be debates but there has to be a different system in which the moderator has to have some control because otherwise the American people get nothing and the nation is further humiliated," he told Cheddar.
"I thought the debate was a national disgrace," Menendez added, placing most of the blame on Trump's incessant interruptions during Biden's responses.
The Democratic senator has long been critical of the president but more so recently, taking him to task on the Senate floor over his reported tax payments of $750 in 2016 and 2017. Menendez said it is absolutely an issue that the American people are concerned about.
"I think no one is happy to pay taxes but they are certainly extremely unhappy when the president of the country pays nothing and they pay more than their fair share," he said.
Menendez also raised questions about the vast amount of debt the president reportedly holds and whether the lenders are foreign entities. "The American people deserve to know that. Several national security experts say that raises a serious national security question."
Like many of his fellow Democrats, Menedez also opposes Trump's nomination of Judge Amy Coney Barrett to the U.S. Supreme Court, calling it a direct threat to the election and an unfair process to the American people.
"Millions of people are voting already. They should have a say in who nominates the next Supreme Court justice by virtue of being elected as president," he explained.
As more people use mail-in ballots in light of the coronavirus pandemic, Trump continues to undermine the legitimacy of the process, potentially setting up a Supreme Court battle that could decide the outcome of the election, but Menedez said that in America, "the people decide the election, not some justice on the Supreme Court."
"If this, in fact, nomination does come up for a vote, which it should not before the election, then I certainly would not be voting for her," Menedez said.
He also pointed to Barrett's position critical of the Supreme Court decision that upheld the Affordable Care Act and her potential ability to dismantle the national health care law as reasons to consider voting against her appointment to the bench.
While there wasn't much to celebrate following last night's debate, Menendez said currently he is enjoying Hispanic Heritage Month.
"Hispanic Heritage Month is important because it is a celebration of the contributions of a community that has had a history in our country since before the founding of the nation," he noted. "The largest minority, fastest-growing in the nation, a trillion-dollar domestic marketplace that comes from the community; and so, these are all the elements that we celebrate at this time every year."
Born to Cuban immigrant parents, who fled to New York City and later relocated to Union City, N.J. in the 1950s, Menendez said the values instilled in him as a young man by his parents carved the path he's currently on, ultimately leading him to become just the sixth Latino person to be elected to the U.S. Senate.
The tax deadline in the U.S. is on April 18 this year, and some filers may still not be able to complete their return by then. Cheddar has partnered with Jackson Hewitt to let you know what you can do should you blow the deadline.
With tax day just five days away, David Ragland, Certified Financial Planner, Certified Divorce Financial Analyst and Chief Executive Officer of IRC Wealth joined Cheddar's Opening Bell to break down everything you need to know ahead of the upcoming tax deadline.
Russia has defaulted on some of its foreign debt as a tidal wave of western sanctions threatens its economy. The credit ratings agency S&P has placed Russia under "selective default" after it tried to pay its latest obligations in rubles. Russia now has a 30-day grace period to resolve the issue, but Moscow is threatening to take legal action. George Seay, Annandale Capital's CEO, joined Cheddar to break down what this means, and how Russia defaulting on its debt might impact the global economy.
China's zero-covid policy may pose a wide-ranging threat to the local, and overseas economy. Analysts voicing concern on the strict lockdown in Shanghai as businesses and ports remain shuttered, potentially threatening the global supply chain. Shehzad H. Qazi, Managing Director, China Beige Book International joined Cheddar's Opening Bell to discuss.
The consumer price index in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate. The rise in prices is driven by strong consumer demand, supply-chain disruptions and skyrocketing energy costs related to Russia's invasion of Ukraine. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar's Opening Bell to give her reaction to the latest inflation numbers.
As China faces backlash from its response to Russia's invasion of Ukraine, the U.S. is strengthening its relationship with India. India is expected to become one of the top three economic powers in the world over the next 10 to 15 years, bolstered by technological advances and the manufacturing sector. Samir Kapadia, CEO and Principal of The Vogel Group, joined Cheddar to discuss the state of India's economy, and how it can only grow from here.
With the midterms just a few months away, record-setting inflation is weighing on the minds of voters. According to a recent CNN poll, a majority of voters said the state of the economy will play a key role in how they cast their ballot, and 55% said the same of inflation. Joseph Zeballos-Roig, Economic Policy Reporter for Insider, joined Cheddar to discuss how inflation could shape the 2022 midterms, and ultimately determine the balance of power in Congress.
The Brooklyn subway attack is the latest in a string of high-profile crimes that have plagued New York City. The surge in crime comes as cities across the country are trying to recover from the pandemic and bring life back to a sense of normal. Joseph Giacalone, professor at John Jay College and retired NYPD sergeant, joined Cheddar's Opening Bell to explain what's behind the rise in crime, and what can be done about it.
After failing to take control of northern and western Ukraine, Russia is shifting its focus to the east. As both sides continue to pour reinforcements into the region, officials are expecting more conventional combat involving tanks, artillery, and aircraft that could shape the war's biggest battles yet. Doug Collins, a former Georgia congressman, joined Cheddar to discuss the change in Russia's tactics.
Catching you up on what you need to know on Apr 14, 2022, with the U.S. sending $800M to Ukraine, updates on the subway shooting in Brooklyn, Gov. Abbott putting a pause on his southern border truck inspections, migrants being bused from Texas to Washington, DC, the travel mask mandate extending until May 3, and more.
