Despite the Senate quickly removing the controversial $15 federal minimum wage hike passed in the House version of the latest COVID stimulus bill, Republican lawmakers are still speaking out against other items included in the plan as Senate Democrats rush to finalize their version of the bill.
For Rep. Kat Cammack (R-Fla. 3rd District), the price tag, which includes checks for qualified Americans, is too high.
"As far as the stimulus, that is a temporary solution and, again, it just adds to the further debt that our nation is in. For us, as millennials, this is killer because this is on our shoulders. The generations before us, they're not going to have to deal with these problems of sequestration," she told Cheddar. "It's millennials and Gen Zs that are really footing the bill for this."
At 33 years old, Cammack is currently one of the youngest members serving in the House.
In a letter to President Joe Biden, Cammack said approving another trillion-dollar spending bill would be irresponsible, in part, because funds from previous relief bills still have not been allocated.
The cost of the COVID relief bill was not the only concern for Cammack, however. The Florida congresswoman described other measures in the bill as a "wish list of projects" that Democrats are trying to push through.
"It has nothing to do with rescuing America from this pandemic. It had nothing to do with COVID relief," she alleged. Cammack stressed the need to get vaccines for Americans interested in receiving it and reopening schools.
"What does an underground tunnel in Silicon Valley have to do with COVID relief? What does a bridge in New York have to do with COVID relief? This was just some of the garbage that was tucked into this bill," she protested.
While a new poll from Morning Consult and Politico showed more than 70 percent of voters -- including more than half of GOP voters -- support the bill as it stands, Cammack said her party isn't worried about efforts to strike down the relief plan backfiring.
"The previous bills in 2020 under President Trump were all bipartisan. There was Republican and Democrat support. In this bill that Nancy Pelosi just pushed through last week — actually at 2:30 in the morning — that not only had every single Republican vote against it but members of her own caucus," she said.
Instagram CEO Adam Mosseri faced a bipartisan Congressional grilling this week as the Senate inquired about safety practices for protecting the mental wellbeing of young people on the platform. Sen. Marsha Blackburn (R-Tenn.) joined Cheddar to talk about the hearing and how she was disappointed in Instagram coming unprepared with relevant information or documents. Blackburn also offered concern that the platform could continue with building a kids-only version despite having drawn significant opposition from the public.
The Great Resignation has shown some signs of slowing in October with the number of those who quit their jobs falling by 4.7 percent to 4.16 million. This comes as worker strikes and calls for unionization ramp up. Jane Oates, president at WorkingNation joined Cheddar's "Opening Bell" to discuss the implications.
U.S. markets opened lower despite positive jobs data, which saw weekly claims drop to a 52-year low. Kevin Nicholson, Co-CIO Global Fixed Income, RiverFront Investment Group joined Cheddar's Opening Bell to discuss the labor market, inflation, and the impact of the Omicron variant on global markets.
A packed Thursday pod: Carlo and Baker cover the latest developments in the Ghislaine Maxwell, Jussie Smollett and Elizabeth Holmes trials. Plus, Dems are losing the Hispanic vote, Boris Johnson in trouble again, and is it possible that Adele has peaked?
Jim Bruderman, Vice Chairman at 1879 Advisors, joins Cheddar News' Closing Bell, where he says investors experienced a 'panic attack' last week with the spread of the Omicron variant and the Fed's tapering plans. As a result, he says we're now seeing stocks climb due to a growing comfort level toward both developments.
Adam Mosseri, head of Instagram, faced withering questions on Capitol Hill about the reports the social media app was aware of the severe mental health impacts it was having on teenage girls. Karen Kornbluh, the director of digital innovation and democracy for the German Marshall Fund, joined Cheddar to discuss the rare show of bipartisan outrage on display at the Senate hearing. "The senators came really loaded for bear on both sides of the aisle," she said. Kornbluh explained how senators like Richard Blumenthal (D-Conn.) set up fake Instagram accounts with teen girl profiles in order to research the effects firsthand.
The Biden administration will not send an official U.S. delegation to the 2022 Winter Olympics in Beijing as a statement against China's "ongoing genocide and crimes against humanity in Xinjiang." Weifeng Zhong, senior research fellow at George Mason University's Mercatus Center, joins Cheddar News to discuss the boycott.
