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).
With more similar services on the market, there are questions if TikTok can remain king especially as it chases after advertiser dollars.
Vineyard Wind CEO Lars Thaaning Pedersen spoke to Cheddar about beginning production of its wind power farm off the coast of Massachusetts.
President Joe Biden is set to announce that he's shaving about two weeks off his May 1 deadline for states to make all adults eligible for coronavirus vaccines.
U.S. Treasury Secretary Janet Yellen is urging the adoption of a minimum global corporate income tax.
Rep. Jake Auchincloss (D-Mass. 4th District), spoke to Cheddar on how Democrats were insistent on passing Joe Biden's American Jobs Plan even without bipartisan assistance.
Utah’s governor has signed a law requiring biological fathers to pay half of a woman’s out-of-pocket pregnancy costs.
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.
Heather Boushey, a member of the White House Council of Economic Advisors, spoke to Cheddar about the Biden administration's positive outlook on the future of U.S. jobs and the economy.
Major League Baseball has moved the All-Star Game from Atlanta’s Truist Park, a response to Georgia enacting a new law last month restricting voting rights.
A Capitol Police officer has been killed after a man rammed a car into two officers at a barricade outside the U.S. Capitol and then emerged wielding a knife.
