Democratic Congressman Hakeem Jeffries represents the eighth district of New York. He believes the Republican tax plan will protect millionaires and hurt middle-class Americans. The Congressman says that, despite an emphasis on reducing the federal deficit, the current plan will increase it by over a trillion dollars.
"This is really a smokescreen that has been put forth to pretend as if it's going to benefit everyday Americans," he says, "when the GOP tax proposal is really all about helping out millionaires, billionaires, and big corporations and showering them with a massive tax cut, exploding the deficit by about $1.5 trillion."
One of the key points of the GOP's policy is the elimination of state and local tax deductions for individual Americans, which could hit the constituents of high tax states like California and Jeffries' own New York. The White House argues that it's the states' decision to tax residents so much and that they shouldn't get a break because of it.
But Jeffries points out that the GOP's plan still allows corporations to deduct their state and local taxes. "The only reason it's being done, is because this is all about big business and wealthy Americans."
Democratic leaders Chuck Schumer and Nancy Pelosi declined an invitation by President Trump to meet with him at the White House and discuss tax reform. Congressman Jeffries believes that was a wise decision, because the President is not actually interested in reaching a bipartisan agreement.
Republicans also need to pass a short-term spending bill to fund the government, or it will shut down on December 8th. Congressman Jeffries says it would be unreasonable if Republicans try to blame a government shutdown on Democrats when the GOP holds both houses of Congress and the White House.
After scrutiny over the negative impact on the mental health of children, social media apps have begun adding stricter limitations to parental controls. Jim Steyer, CEO of Common Sense Media, a nonprofit organization focusing on recommendations for entertainment platforms, joined Cheddar News to talk about the changes, why they might not be enough, and what parents can do to help. "It's almost that the companies — whether they're Snapchat, Instagram, YouTube, or whatever — have to start the process from the beginning of designing the product," he said. "They have to be much more clear about age verification so that a 12-year-old and 11-year-old can't get on there." Steyer also pushed for federal legislation to reign in the issue.
As Big Tech companies from the U.S. like Google and Apple managed to build market dominance overseas, the European Union has decided to curb what it sees as monopolistic growth. Greg Martin, the co-founder of Rainmaker Securities, joined Cheddar News to talk about how the impact of the antitrust regulations being adopted. "I think there's a lot of great outcomes here, but those will be far down the road [because] I do think there's some interoperability things that need to be worked out technologically," he said. "But it's going to be really good ultimately for the consumer in my opinion."
Tenicka Boyd is a digital creator making content that reflects her two passions: activism and style. The TikTok star joined Cheddar News to talk about her platform and new looks this Spring. Boyd admitted that at first she wanted to remain anonymous on the social media platform before finding her passion. "I just joined TikTok hoping that no one would find me, and I started creating colorful content," she said. "I didn't know that you could monetize this and really do it full time, and I just followed my passion because I realized that you can have multiple different lives and do multiple different things."
Catching you up on what you need to know on March 25, 2022, with Ukrainian forces retaking Kyiv, 300 deaths reported from the bombing of a theater used as a shelter in Mariupol, U.S. regulators ditch a climate review of natural gas projects, the 94th Academy Awards, and more.
North Korea says it test-fired its biggest intercontinental ballistic missile under the orders of leader Kim Jong Un, who vowed to continue expanding his nuclear arsenal while preparing for a “long-standing confrontation” with the United States.
Ukrainian authorities in the besieged ruins of Mariupol say that about 300 people died when a Russian airstrike blew up a theater where hundreds of civilians were sheltering.
Survivors of the Parkland School Shooting along with activists from March For Our Lives set up on the National Mall on Thursday. Their demonstration displayed 1,100 bodybags that spelled out the phrase “Thoughts and Prayers” to remind lawmakers that condolences are not enough and to push for action on guns. Each bag represented 150 lives lost due to gun violence. Trevon Bosley, a board member of March For Our Lives, joined Cheddar News to discuss the organization's return to Washington, DC. "The main thing bringing us back is that we have not seen anything being done on the national level for gun violence.” Bosley said. “We’re not seeing anything changed, and we’re not seeing lives being saved”
UK's prince William and his wife were met by protesters during their visit to Jamaica. Cheddar News speaks with political strategist Dee Dawkins-Haigler, who explains why the country's path to independence is relevant to Americans.