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.
U.S. stocks close Monday's session slight higher Monday as investors continue to monitor whether the economy will successfully avoid a recession. For many, fears over inflation and rising interest rates. Tommy Mancuso, president and co-founder of the Bad Investment Company, joins Cheddar News' Closing Bell to discuss.
Bill Nye the Science Guy is back but on an even smaller screen. America’s favorite science teacher has racked up more than eight million followers on TikTok, and he joined Cheddar News to talk about his success on the platform, having fun but also being serious about scientific topics like tackling climate change, and his newest hosting project "The End is Nye," a streaming show on Peacock that examines disasters — both natural and manmade. "There are six episodes. We have big disasters. Things go terribly wrong, and then we show you how things could have gone right," he explained.
Cheddar Politics takes a look at the Biden Administration's effort to center inflation concerns in the White House's economic policies. Reuters White House reporter Jeff Mason joins Cheddar News to discuss what the White House is doing and what more it can do to help fix economic issues.
In another round of sweeping sanctions against Russia for its war on Ukraine, European Union leaders have agreed to ban the vast majority of Russian oil by the end of the year. But, the embargo covers only Russian oil brought in by sea, allowing an exemption for fuel imported via pipeline. Christine McDaniel, a senior fellow with the Mercatus Center, discusses just how significant this deal is, and what impact it might have on the global energy sector.
Catching you up on what you need to know on Monday, June 6, 2022, a string of mass shootings across the country this weekend, UK Prime Minister Boris Johnson faces a no-confidence vote this morning, and Tropical Storm Alex floods Miami.
U.S. stocks closed Friday's session near session to cap off the week in the red. The disappointing end to the day and week follows a lukewarm May jobs report from the Labor Department and comes as investors continue to eye future rate hikes from the Federal Reserve. Callie Cox, U.S. Investment Analyst for eToro, joins Cheddar News' Closing Bell to discuss.
While the United States struggles with mass shootings, other countries have had success with gun regulations - often after their own mass shootings. On this Gun Awareness Day, Cheddar's Shannon LaNier reports on steps some other countries have taken to stop gun violence.
Join Cheddar News as we break down the Need 2 Know headlines this morning including Gun Violence Awareness Day, how to prevent mass shootings, and the president's comments on gun control.
