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 number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession.
Federal Reserve Chairman Jerome Powell once again doubled down on the easy money policies that have defined the central bank's response to the pandemic-fueled economic downturn.
Stop AAPI Hate co-founder Cynthia Choi joined Cheddar to discuss anti-Asian hate crime reporting and what Americans can do to combat incidents of racial discrimination against Asian and Pacific Islander Americans.
With COVID cases rising in many places, governments are facing the dilemma to push on with a vaccine that is known to save lives or suspend use of AstraZeneca over reports of dangerous blood clots in a few recipients.
The police break up of a weekend vigil for a young murder victim abducted in London has touched off a national debate in Britain.
As a worldwide semiconductor shortage hammers American industries, trade groups are reaching out to the Biden administration with pleas to boost production in the U.S.
Microsoft President Brad Smith will testify before a House Judiciary subcommittee on Friday.
The Vatican has decreed that the Catholic Church won't bless same-sex unions, saying that God “cannot bless sin.”
More than a dozen congressional Democrats from New York, as well as both senators, put out statements in what appeared to be a coordinated release Friday morning, calling on the state’s governor, Andrew Cuomo, to resign.
What is up next for the Biden administration now that it has clocked its first major legislative win? This is your Washington Week Ahead.
