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.
Ursula Perano, politics reporter at the Daily Beast, joins Cheddar Politics to discuss the wave of 30 House Democrats retiring or not seeking re-election in November.
Jimmy Hoover, Supreme Court editor-at-large for Law360, joins Cheddar Politics to discuss the high court's latest ruling in an Alabama gerrymandering case that could end up further chipping away at the Voting Rights Act.
GLAAD, the media watchdog for the LGBTQ community, released its “Where We Are on TV” report last week, with updated data on the entertainment industry. Rich Ferraro, chief communications officer for the non-profit organization, joined Cheddar News to talk about the progress that has been made on media representation and what's at stake in the process of humanizing queer people in popular culture as a recent backlash in legislative trends demonstrated. "We just saw the news yesterday in Texas, a move from Governor Abbott that would try to pull trans youth away from their parents for receiving gender-affirming care," Ferraro said. "And television and entertainment can be a frontline to preventing such anti-LGBTQ legislation from moving forward."
Russia's invasion of Ukraine has begun. Explosions and sirens were reported across the country early Thursday morning, as Russia launched a wide-ranging attack with shelling, tanks, and missile strikes. Lauren Baer, former State Department Senior Adviser and current Managing Partner at Arena, joined Cheddar to provide the latest update on the crisis.
A six-year battle over equal pay has finally come to an end-- as U.S. Soccer and The United States Women's Soccer Team have agreed to settle their lawsuit. Under the terms of the deal, the athletes will receive $24 million from U.S. Soccer, and a pledge from the federation to equalize pay for the men's and women's national teams. Lily Roberts, Managing Director of the Poverty to Prosperity Team at the Center for American Progress joined Cheddar's Opening Bell to discuss.
President Biden has hit back against Russia’s invasion of Ukraine, unleashing robust new sanctions, ordering the deployment of thousands of additional troops to NATO ally Germany, and declaring that America will stand up to Russia’s Vladimir Putin.
Grant Stark, Director of Research at CapWealth, joins Cheddar News' Closing Bell, where he says that his firm is closely monitoring oil prices amid the geopolitical conflict between Russia and Ukraine, and elaborates on how inflation will continue to be a problem across multiple sectors.
A private prison company plans to run a new pilot program that would place hundreds of migrants caught crossing the U.S.-Mexico border under house arrest. The "home curfew" pilot program is part of "impactful detention reforms," according to a spokesperson for the U.S. Department of Homeland Security. Jacinta Gonzalez, senior campaign organizer with Mijente, joins Cheddar News to discuss.