Tax Reform Impact and the RNC's Embrace of Roy Moore
Karine Jean-Pierre, Senior Advisor at MoveOn.Org, and Jon Miller, White House Correspondent for CRTV, discuss recent Gallup and Quinnipiac University polls that reveal an overall distaste by the American people for the latest Senate Tax Reform bill. They also weigh in on the RNC's embrace of Alabama Senate candidate Roy Moore, and what that means for the Republican Party.
Jon and Karine go head-to-head on tax reform, with Jon asserting that it's a cut that will benefit all, including corporations. Karine challenges Jon, arguing that there will inevitably be cuts to medicare, medicaid, and programs that benefit the middle class and lower income households.
We also discuss President Trump and the Republican National Committee's endorsement of Roy Moore for the Alabama Senate seat, and what that means for the GOP. Jon adds that the move is controversial, noting that he understands picking a candidate that will benefit the Republican agenda, but also sees the issues that come with someone accused of sexual misconduct.
Karine discusses the hypocrisy that comes with the RNC endorsing a candidate that she calls a "pedophile" when the party is supposed to be one of family values.
Michael Robinson, Chief Technology Strategist at Money Map Press, joins Cheddar News' Closing Bell, where he explains why small and mid-cap stocks heating up during Tuesday's session is a very good sign for a stock market that ended the day's session sharply higher.
Coming off a 2021 campaign where the prices of Bitcoin, Ether, and other cryptocurrencies reached unpreceded levels, Bitwise Asset Management CIO Matt Hougan and OpenNode Co-Founder & CTO João Almeida join Cheddar News' Crypto Craze: The Year of the Token to discuss the ways the crypto market can soar even higher in 2022.
The Cowboy State has become one of the world's top tax havens, according to the Pandora Papers, a trove of more than 11.9 million documents obtained by the International Consortium of Investigative Journalists and The Washington Post. The papers reveal, among other things, how ultra-wealthy people from around the world move money into the U.S., invest, and spend it under a shroud of secrecy. Allison Tait, University of Richmond law professor, joined Cheddar to talk about Wyoming's laidback tax laws, their impact on the nation's economy, and provided some details on the financial arrangement known as the "cowboy cocktail."
Carlo and Baker preview President Biden's address to the nation as Omicron becomes the new dominant Covid strain. Plus, Trump gets booed for getting his booster and the White House gets a new puppy.
China and Russia are saying they want to work closer together in different areas after a recent call between Presidents Xi Jinping and Vladimir Putin. What are the implications of a close partnership between Beijing and Moscow? Cheddar News breaks things down with expert Hagar Chemali.
Michele Schneider, Partner and Director of Trading Research & Education for MarketGauge.com, joins Cheddar News' Closing Bell, where she says the spread of the Omicron variant and Jerome Powell's comments following the latest Fed decision are spooking investors heading into the weekend.
Carlo and Baker wrap up another week discussing the latest explosion in new Covid cases in the Northeast, President Biden's stalled agenda and more. Plus, Love, Hate, Ate featuring the question: why did movie dialogue get so hard to understand?
Since July 2021, families with children have received monthly payments from the federal government as part of the expanded child tax credit, a policy that may be expiring this month. Megan Curran, policy director at the Center on Poverty and Social Policy at Columbia University, joined Cheddar News to discuss.
