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 outcome of contests in Georgia, North Carolina, Pennsylvania, and Nevada will determine whether Democrat Joe Biden or President Donald Trump wins.
Former Missouri Secretary of State, Robin Carnahan, joined Cheddar to discuss the 'Count Every Vote' initiative that was started by the National Council on Election Integrity. Carnahan also talks about the record vote-by-mail numbers this year.
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.
Despite uncertainty on who exactly will be in the White House, the Senate in GOP control, and the House in Democratic hands, Wall Street is riding high.
President Trump won support from about 8 in 10 white evangelical Protestant voters, according to the AP VoteCast. But Catholic voters split almost evenly between him and Joe Biden.
Election officials in key battlegrounds are pressing forward with vote counting, two days after Election Day. Democrat Joe Biden is urging patience, while President Donald Trump is pursuing legal options, insisting the processing of ballots should be stopped.
Katie Hobbs, Arizona's Secretary of State, joined Cheddar to discuss the safety of poll workers as President Trump levels accusations at the process and when Americans can expect an update.
Michigan Secretary of State, Jocelyn Benson joined Cheddar to discuss Trump's attempts to increase doubt in the election process and the state's security protocols that were taken to protect against such attacks.
The Fed announced no new actions after its latest policy meeting but left the door open to provide further assistance in the coming months.
As Democrat Joe Biden inches closer to the 270 Electoral College votes needed to win the White House, President Donald Trump’s campaign has put into action the legal strategy the president had signaled for weeks.
