Rep. Castro 'Dumbfounded' by Proposal to Arm Teachers
*By Philly Bubaris*
The failure to enact gun-control legislation after yet another deadly school shooting may be frustrating, but Representative Joaquin Castro said Tuesday he was dumbfounded by alternative proposals to arm teachers to prevent mass shootings.
"I don't think that the answer is to put a gun in every classroom," the Texas Democrat said in an interview with Cheddar. Castro said he consulted his own father, a teacher for 31 years, on the issue. "Like so many other teachers, they didn't sign up to be soldiers or police officers," Castro said. "I just don't see that as a solution."
Castro is one of many members on Congress and the general public upset by the slow ー often non-existent ー pace of gun control legislation after another mass shooting. The latest, at Santa Fe High School southeast of Houston, saw 10 people killed when the suspected shooter, 17-year-old Dimitrios Pagourtzis, went on a rampage with his father's shotgun and .38-caliber pistol.
Pagourtzis is being held without bond, on suicide watch, in the Galveston County Jail. His father told the Wall Street Journal that his son was a "good boy," and the bullying his son received caused him lash out.
Castro said all levels of government and all members of the community must take some action to help prevent future mass shootings.
He said it was parents' responsibility to lock up their weapons, and he said schools deserve increased resources to provide mental-health services. Castro also called on local and state officials to take action to limit the threat of guns in some public places.
"The state legislature has passed open carry and campus carry, which promote the carrying of guns on college campuses," Castro said. "I'm hopeful that the conversation is finally changing in Texas. The people of Texas understand that there's a problem, and something needs to be done."
Governor Greg Abbott, a Republican, will be hosting discussions with educators and local law enforcement officials in the coming weeks to figure out the best ways to make schools safer.
Representative Castro said it was encouraging that the governor is recognizing gun violence as a problem, but he was dismayed that more serious action had not been taken sooner. State and local officials need to do more, Castro said.
"You may never get the number of gun deaths to zero, but you can't use it as an excuse to be paralyzed and do nothing."
For the full interview, [click here](https://cheddar.com/videos/rep-joaquin-castro-hopeful-texas-stance-on-gun-control-is-changing).
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
2021 saw markets continue to be impacted by the onslaught of the coronavirus pandemic -most recently in the form of the Omicron variant- in addition to the global supply chain shortage, and increased inflation. But it wasn't all bad news, as crypto soared throughout the year, and meme stocks continued to have a moment. With the year coming to a close, investors are keeping an eye out to see if they should expect more of the same in the new year. Chris Vecchio, Senior Analyst, at DailyFX tells us what market trends to be on the watch for in 2022.