A high altitude balloon floats over Billings, Mont., on Wednesday, Feb. 1, 2023. The U.S. is tracking a suspected Chinese surveillance balloon that has been spotted over U.S. airspace for a couple days, but the Pentagon decided not to shoot it down due to risks of harm for people on the ground, officials said Thursday, Feb. 2, 2023. The Pentagon would not confirm that the balloon in the photo was the surveillance balloon. (Larry Mayer/The Billings Gazette via AP)
Republicans criticized President Joe Biden’s response to the suspected Chinese spy balloon that U.S. military fighter jets shot down Saturday.
China claimed the balloon, which had been seen flying over Montana earlier last week, was only meant for observing weather conditions. The Chinese Foreign Ministry claimed the move to destroy the balloon was a “clear overreaction and serious violation of international practice.”
Biden was briefed on the balloon Wednesday but it was not shot down until it was flying over water Saturday, in part, because of the potential damage caused by debris.
"The president will always put the safety and security of the American people first," White House Press Secretary Karine Jean-Pierre said Friday. "We are tracking closely and keeping all options on the table."
Republicans criticized the administration for waiting so long to shoot it down.
“I will be demanding answers and will hold the admin accountable for this embarrassing display of weakness,” Texas Republican Rep. Michael McCaul, the chair of the House Foreign Affairs Committee, said.
Sen. Marco Rubio, lead Republican on the Intelligence Committee, similarly said it sent the wrong message to the rest of the world.
“The message embedded in this to the world is we can fly a balloon over airspace of the United States of America and they won’t be able to do anything about it to stop us,” Rubio said.
Senate Minority Leader Mitch McConnell also criticized the president.
McConnell said in a statement Sunday that "this balloon could have been shot down right away without endangering Americans or Canadians.”
“This was a reminder of the PRC's brazenness and President Biden missed the opportunity to defend our sovereignty, send a message of strength, and bolster deterrence," he added.
But Democrats defended the administration's actions.
“We sent a clear message to China that this is not acceptable. We protected civilians. We gained more intelligence while protecting our own sensitive information,” Senate Majority Leader Chuck Schumer said. “The bottom line here is that shooting down the surveillance balloon over water wasn't just the safest option but it was the one that maximized our intelligence payload.”
A group of eight congressional leaders on intelligence committees will receive a classified briefing this week on China and the surveillance balloon.
Senators will receive a classified briefing on February 15 with the latest intelligence on the balloon as the United States searches for debris off the South Carolina coast.
As the U.S. comes up on the first anniversary of the January 6 insurrection.,A.C. Thompson, investigative reporter at ProPublica, joined Cheddar's Baker Machado to discuss updates to American Insurrection by FRONTLINE, ProPublica and Berkeley Journalism’s Investigative Reporting Program. The documentary investigates the attack on the Capitol touched off by the lie that the presidential election was stolen from Donald Trump but with new information gleaned since the event including interviews with lawmakers and law enforcement and the evolution of groups like the Boogaloo Boys and the Proud Boys behind the attack. "In some ways those groups that were kind of the vanguard of January 6 are maybe no longer relevant because their message is everywhere," he said.
A new report from ProPublica and the Washington Post found that Facebook Groups played a major role in the spread of misinformation linked to the January 6 insurrection with more than 650,000 posts claiming that Joe Biden's election victory was illegitimate.
Millions of Americans with young children have relied on the child tax credit since the federal government began issuing checks in July 2021. The last round of payments was sent out just before the Christmas holiday — at the same time as the omicron variant surged. Leah Hamilton, associate professor of social work at Appalachian State University, joined Cheddar to discuss what the end to the tax credit means as the U.S. sees the end of many relief programs and its highest number of COVID cases since the start of the pandemic. "It'll become harder for families to meet their basic needs, increasing national childhood poverty rates and the proportion of families who have difficulty putting food on the table, maintaining stable housing, and paying their bills," Hamilton said. She also pointed to research that the credit as a long-term investment in children offsets claims that it contributes to macroeconomic impacts like inflation.
U.S. President Joe Biden spoke with Ukrainian President Volodymyr Zelensky over the week-end, just days after he spoke with Russian President Vladimir Putin. The call comes as Washington prepares to meet with Moscow on January 10, as tensions mount over Russia's military build up near its border with Ukraine. Cheddar News speaks with Mustafa Tameez, a former advisor to the U.S. Department of Homeland Security, about the issue.
Several Silicon Valley insiders are being accused of contorting a 1990s-era tax break to avoid taxes on millions of dollars of investment profits. The tax break is known as the qualified small business stock exemption, and it allows early investors in certain companies to avoid half of the taxes on up to $10 million in capital gains. A piece recently published in the New York Times says venture capital firms like Andreessen Horowitz replicated the tax exemption by giving shares of companies to friends and family, who would otherwise face a 23.8% capital gains bill. The CEO of Roblox is also accused of replicating the tax break for his family members at least 12 times. Although the loophole known as 'stacking' is considered to be legal, the Times piece implies that the exemption has been manipulated for the ultra-wealthy to become more wealthy. Greycroft co-founder and Chairman Emeritus Alan Patricof joins Cheddar News' Closing Bell to discuss.
Chris Sommerfeldt, City Hall reporter for the New York Daily News, joins Cheddar News' Closing Bell, where he discusses both the wins and losses of Bill de Blasio's eight years as New York City Mayor.
The push to regulate the gig worker economy is gaining steam as the share of workers who participate in freelancing through businesses like Uber and Lyft have also exponentially grown during the pandemic. Employment attorney Mark Kluger, founding partner at Kluger Healey, LLC, joined Cheddar to break down how the battle to reclassify gig workers will continue in the new year, and why the issue continues to generate conflict. "More and more workers are using gig work as their primary source of income and as a result of that they are not like employees in the sense that they don't have benefits like health insurance," Kluger noted.
