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 Senate Select Committee on Intelligence concluded its hearing on the massive SolarWinds hack.
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
Facebook says it will lift a ban on Australians viewing and sharing news on its platform after it struck a deal with the government on proposed legislation that would make digital giants pay for journalism.
Advertising analytics company DoubleVerify found in a report that there was a 21 percent increase in "inflammatory news and political content" on websites following January 6.
Sen. Mark Warner (D-Va.) discussed the need for stronger cybersecurity measures for the U.S. prior to the Senate Intelligence Committee hearing on the SolarWinds data breaches in 2020.
The COVID-19 death toll in the U.S. has topped 500,000, all but matching the number of Americans killed in World War II, Korea, and Vietnam combined.
The Celtics and Vistaprint have partnered on the #PowerForward campaign that sets out to provide small, Black-owned businesses in the Boston area $25,000 grants.
500K Covid Deaths, Texas Utility Bills & Arctic Milestone
In a significant defeat for former President Donald Trump, the Supreme Court is declining to step in to halt the turnover of his tax records to a New York state prosecutor.
The surge in pricing is hitting people who have chosen to pay wholesale prices for their power, which is typically cheaper than paying fixed rates during good weather, but can spike when there’s high demand for electricity.
