As the dust settles in Washington over the Senate tax reform, clear winners and losers are emerging. Tobie Stanger, Senior Editor at Consumer Reports, breaks down the pros and cons of this potential bill.
Stanger's clear winners: Those who take the standard deduction, families with dependents, teachers of grades K-12, people with expensive medical bills, and wealthy, self-employed people.
Plus, there is a clause that gives a tax break to people who own golf courses. We'll let you take a guess at who owns several courses in America...
Michael Kirk, director of the new Frontline documentary 'Pelosi's Power,' joins Cheddar Politics to discuss House Speaker Nancy Pelosi's long career as a Democratic leader in Congress.
President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices.
Catching you up on what you need to know on Mar 31, 2022, with updates on Biden's push for more COVID funding, a wave of storms hammering the South, Etsy sellers going on strike, and more.
An inflation gauge closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances.
Meta, Facebook’s parent company, hired a Republican consulting firm called Targeted Victory to “orchestrate a nationwide campaign” against TikTok, The Washington Post reported on Wednesday.
Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation.
Brad Polumbo of the Foundation for Economic Education, a conservative-libertarian think tank, joined Cheddar News to break down the big announcements from President Biden's budget plan, including an increase in defense spending due to the conflict in Ukraine, and a planned 20% income tax on billionaires.
President Joe Biden has gotten a second booster dose of the Pfizer COVID vaccine, and he used the occasion Wednesday to call on Congress to pass billions of dollars in additional funding to fight the pandemic.
