Republicans are closing in on their first legislative victory of the year, after two GOP Senators previously opposed to the tax plan got on board this weekend. But Democrats still have concerns.
U.S. Congressman Ro Khanna (D-CA), who joined Cheddar before the most recent concessions were made, said the policies may benefit companies in his home district in the heart of Silicon Valley, but do little for Middle America.
“We should create technology opportunity zones across America,” he said. “I think that the federal government in partnership with the private industry could do so much to bring the new industry to many of these communities.”
Heading into the weekend, the future of tax reform seemed uncertain. Senator Marco Rubio (R-FL) was calling for a tax cut for working families. On Friday, though, he tweeted his support after the child tax credit was increased.
Senator Bob Corker also changed his position after the tax on real estate earnings was reduced, a move that could benefit his own wallet. The Tennessee Republican reportedly made $7 million off his property investments last year.
For full interview [click here](https://cheddar.com/videos/rep-ro-khanna-d-ca-congress-needs-to-step-up-to-spread-tech-development-across-the-u-s).
The U.S. government is starting to deposit child tax credit money into the accounts of more than 35 million families.
Democratic Senators Chuck Schumer, Cory Booker, and Ron Wyden unveiled the draft of a historic cannabis decriminalization bill on Wednesday, more than five months after originally announcing it.
While testifying before Congress on Wednesday, Federal Reserve Chairman Jerome Powell offered his most extensive comments yet on the possibility of a central bank digital currency.
President Joe Biden is stepping up his bid to push his multitrillion-dollar domestic agenda through Congress.
President Joe Biden is declaring that preserving voting rights is “a test of our time” as he urges passage of federal legislation to combat efforts by Republican-led state legislatures to restrict access to ballots.
"Uranium bulls," a small but devoted group of investors, see an opportunity in the metal commodity that makes nuclear power possible.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
U.S. health officials say vaccinated teachers and students don't need to wear masks inside school buildings.
For most aficionados, a sparkling wine can be called champagne only if it comes from the region of France with that name and is made under certain regulations.
President Joe Biden has signed an executive order that targets what he says are anticompetitive practices in tech, health care and other parts of the economy.
