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).
House Democrats are to carry the sole impeachment charge against former President Donald Trump of “incitement of insurrection ” across the Capitol.
Coronavirus deaths and cases in the U.S. have dropped markedly over the past couple of weeks but are still running at alarmingly high levels.
President Joe Biden has signed an executive order revoking a Pentagon policy that largely barred transgender individuals from joining the military.
With millions of Americans waiting for their chance to get the coronavirus vaccine, a fortunate few are getting bumped to the front of the line as clinics scramble to get rid of extra, perishable doses at the end of the day.
An improved economy overall would mean an uptick in mortgage rates, and with Biden committed to a $1.9 trillion stimulus package and a more robust coronavirus response, that's exactly what mortgage experts are anticipating.
The Supreme Court has brought an end to lawsuits over whether Donald Trump illegally profited off of his presidency.
President Joe Biden has directed his intelligence community to study the threat of domestic extremism in the United States.
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.
Rep. John Garamendi, a Democrat from California, praised President Biden's pic for heading the Department of Defense, Lloyd Austin.
Tom Price, former secretary of Health and Human Services under President Trump, talked to Cheddar about the new administration's plans for taking on COVID-19.
