In the wake of the Texas shooting that killed 26 people, last Sunday, gun control is a major topic in the halls of Capitol Hill. Congressman Steve Chabot, a Republican representing Ohio's first district, told Cheddar that new gun laws will not stop criminals from obtaining lethal weapons and committing crimes.
Meanwhile other politicians, have been advocating for tighter gun controls, as the nation has seen two deadly shootings in the span of a month.
The congressman is also Chairman of the Small Business Committee. He said on Tuesday that the republican's proposed tax plan will cut taxes for small businesses down to 25 percent.
The republican congressman, slammed fellow Ohio congresswoman Marcy Kaptur, who told Cheddar last week that lowering the corporate tax rate will ultimately lead to more outsourcing.
"I think that comment is just ludicrous," Chabot said.
The U.S. Treasury Department has changed the standard for what kind of electric vehicles qualify for a federal tax benefit under the Inflation Reduction Act.
New York Republican Rep. George Santos is temporarily stepping down from his congressional committee assignments amid ongoing investigations surrounding his fabrications.
British energy giant BP predicts that fossil fuels as a primary energy source will decline from 80 percent in 2019 to between 55 and 20 percent in 2050.
The costs of COVID-19 vaccines are expected to skyrocket once the government stops buying them, with Pfizer saying it will charge as much as $130 per dose, and millions of people are expected to be kicked off of Medicaid.
TikTok CEO Shou Zi Chew will testify before Congress in March about the app's security and its ties to China.
The House Speaker said he wants to address spending cuts along with raising the debt limit, even though the White House has ruled out linking those two issues together as the government tries to avoid a potentially devastating financial default.
The Federal Reserve's preferred gauge of inflation showed the pace of price increases is slowing.
Newly released video shows the husband of former U.S. House Speaker Nancy Pelosi fighting for control of a hammer with his assailant during a brutal attack in the couple’s San Francisco home last year.
The Biden administration released the "renters' bill of rights" as rent prices soar.
President Joe Biden touted the administration's economic achievements in a Virginia speech, while bashing Republicans for their handling of the nation's debt ceiling.
