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.
The Build Back Better Act has been at the center of endless negotiations and debate, ultimately landing as a nearly $1.8 trillion plan. One of the highlights is $170 billion dollars for affordable housing, making history as the largest investment in the sector to date. Eliza Collins, politics reporter for The Wall Street Journal, joins Cheddar News to break down the bill.
The Biden Administration is releasing 50 million barrels of oil from the U.S. oil reserves in hopes of easing soaring gas prices. Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at the Economist, joined Cheddar to discuss.
John Petrides, Portfolio Manager at Tocqueville Asset Management, joins Cheddar News' Closing Bell, where he breaks down Monday's market activity amid the emergence of the omicron variant, and what it could mean for the Fed's timeline when it comes to raising rates and tapering pandemic aid.
Earlier in the week, we saw President Biden nominate Jerome Powell to serve as Fed chair for another four-year term in the midst of the country’s struggles with covid, inflation, and supply unrest. Claudia Sahm, senior fellow at the Jain Family Institute and former Federal Reserve and White House economist explains why the markets saw a boost following the nomination.
House Democrats saw a big win on Friday when President Biden's trillion dollar Build Back Better social spending bill was passed but now the question is - can the bill hold up in the senate as it faces possible ongoing scrutiny from not only Republicans, but also some Democrats. Julia Manchester, reporter at The Hill, explains whether or not the bill will make it to President Biden's desk by Christmas.
Jamil Jaffer, Founder and Executive Director of the National Security Institute, joined Cheddar to discuss the concern surrounding Chinese tennis star Peng Shuai's disappearance following a social media post accusing a former high-ranking Chinese official of sexual assault.
Just hours before the scheduled execution of inmate Julius Jones, the Governor of Oklahoma Kevin Stit has now granted commuted his sentence to life in prison without the possibility of parole. Several advocates along with a number of celebrities have been fighting to stop the execution. Defense Attorney and Police Director Erin Haney, joined Cheddar to discuss more.
The book 'The Brainwashing of My Dad' examines how the rise of right-wing media changed a father and impacted the nation. Author of the book, Jen Senko, joins Cheddar News to discuss the history and future of conservative media.
Natalie Fertig, Federal Cannabis Policy Reporter for Politico Pro, joined Cheddar to discuss the shift among republicans to support federally legalizing marijuana.
