Rep. Ted Lieu (D-CA): Dems Are Only Against "Stupid" Tax Reforms
President Trump signed stopgap legislation on Friday to avoid a government shutdown, keeping federal agencies open until December 22nd. That gives Congress two more weeks to pass a complete spending bill, or run out of money. Cheddar caught up with Representative Ted Lieu (D-CA), to talk about some of the biggest political issues on the Hill right now, from GOP tax reform to a potential presidential impeachment.
Both the House and the Senate have passed bills in the last month in support of the Republican Tax plan, which will raise the national debt by $1.3 trillion. Democrats have openly criticized the bill, and opted to vote against it. But, Lieu says that he and his colleagues are not against tax reforms in general, just against “stupid tax reforms.”
“The current GOP proposal raises taxes for millions of middle class families, it blows a hole to our deficit and federal debt because a lot of it is not paid for,” he said, “and most of the benefits flow to the wealthy and corporations. That’s not what America needs right now.”
Many wealthy Americans live in the Los Angeles 33 district, which Lieu represents, but the congressman told Cheddar that his constituents are “actually pretty smart” and understand that trickle-down economics does not work.
Lieu, who’s also a member of the House Judiciary Committee, voted in favor of impeachment articles introduced by Rep. Al Green (D-TX) Thursday. The articles did not pass, but there were 58 votes in favor. Some Democrats, such as House Leader Nancy Pelosi, are not advocating impeachment proceedings, and others argue that impeachment proceedings could interfere with the ongoing Robert Mueller investigations. Lieu says he agrees with both sentiments, but that impeachment hearings take a long time.
“I sit in the House Judiciary Committee, if there were impeachment proceedings, that’s where it will start,” he said. “We are watching the President of the United States commit obstruction of justice in plain view, and we need to have discussions about it.”
Lieu added that Mueller’s investigation became a “game changer” when he only charged former presidential advisor Mike Flynn with lying to the FBI.
“I’m a former prosecutor and you don’t do a plea deal like that when you only charge one count, when you could’ve charged many,” he said. “He did that deal to go after people above Michael Flynn, there’s only a handful of those.”
Liana Guzmán, CEO of FOLX Health, joins Cheddar News to discuss the company launching billboards across the country in response to anti-LGBTQ+ legislation.
President Biden has announced an additional $800 million in military assistance to Ukraine, including artillery, armored personnel carriers, and helicopters. It comes as Russian forces appear to be preparing for a new, aggressive offensive in the eastern part of Ukraine. Paul McLeary, defense reporter for Politico, joined Cheddar to discuss this new round of aid and what it means for the U.S. commitment to arming the embattled country.
Catching you up on what you need to know on April 18, 2022, with Russian missile attacks on the Ukrainian city of Lviv killing seven, mass shootings in South Carolina and Pittsburgh, Lucky Charms cereal under official investigation by the FDA, and more.
Activism is growing around the country in response to school boards banning books from shelves that focus on sexuality, gender, identity, or race. Jen Cousins, co-founder of The Florida Freedom to Read Project, joins Cheddar News to discuss.
As the Russian invasion of Ukraine intensifies, President Biden has announced a ban on importing Russian oil, gas, and energy. To discuss how this ban will impact the war and Americans, Amir Handjani, non-resident fellow at Quincy Institute, joins Cheddar News.
Thousands of protesters around the world are expressing their solidarity with Ukraine against Russia's invasion.
Jason Beardsley, national executive director of the Association of the U.S. Navy and national security expert, joins Cheddar News to discuss.
As gas prices surge amid the Russian invasion of Ukraine, other nations could potentially transition faster to using clean energy than previously expected. Philip K. Verleger, a senior fellow at the Niskanen Center, joined Cheddar News to explain how this could be a possibility in the near future. "Part of the reason I think we have this invasion and the tantrum that's being thrown by Russia, terrible tantrum, is because the Russians were trying to slow down the transition," he said. "Ironically they speeded it up."
Following the invasion of Ukraine, a multitude of Western companies have paused doing business with Russia. PepsiCo, Coca-Cola, McDonald's, and Starbucks are the most recent companies to temporarily cease operations in Russia. Dean of Miami Herbert Business School at the University of Miami, John Quelch, joined Cheddar News to discuss what message this sends to Russia and the Russian consumer. “I would not underestimate the collective strength of all of these multinational companies, essentially coming together to make their collective statement in support of the political statements that have come out of Washington," he said.
The war in Ukraine continues to reveal heartbreaking gut-wrenching stories. The war in itself is not only devastating but also expensive. Experts estimate that Russia is draining nearly $20 million dollars each day to continue occupying and invading Ukraine. All this could force the country to turn to cryptocurrencies. It's a major turn for the country that briefly considered outlined digital assets entirely, but it could also have serious implications for cryptos. Managing Director at Quantum Fintech Group, Harry Yeh, joined Cheddar to discuss more.
