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 race to vaccinate millions of Americans is off to a slower, messier start than public health officials and leaders of the Trump administration’s Operation Warp Speed had expected.
Senate Majority Leader Mitch McConnell has shut the door on President Donald Trump’s push for $2,000 COVID-19 relief checks.
Luke Letlow, Louisiana's incoming Republican member of the U.S. House, died Tuesday night from complications related to COVID-19 only days before he would have been sworn into office.
Senate Majority Leader Mitch McConnell has blocked Democrats’ push to immediately bring President Donald Trump’s demand for bigger $2,000 COVID-19 relief checks up for a vote.
As 2020 winds to a close, the industry will head into 2021 propelled by titanic shifts in the perception of cannabis in the U.S. and unprecedented political tailwinds.
The House voted Monday to increase COVID-19 relief checks to $2,000, meeting President Donald Trump’s demand for bigger payments and sending the bill to the GOP-controlled Senate, where the outcome is uncertain.
Southwest Airlines says it's not going to furlough workers in 2021 after all. The airline's CEO says that with Washington's approval of $15 billion in new federal aid to airlines, furloughs or pay cuts aren't needed.
President Donald Trump’s last-minute demand for $2,000 checks for most Americans has thrown the yea-end COVID relief into chaos. House Republicans on Thursday swiftly rejected the demand.
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.
Following 2020's Hanukkah celebration, Cheddar's Jill Wagner looks into the often overlooked issue of antisemitism still plaguing the United States.
