Andrew Desiderio, Congressional Reporter for The Daily Beast, talks the GOP's passing of tax reform and the President's scoring his first major legislative win of his administration. We dig into what this means for the future of the GOP as we head into the 2018 and 2020 elections.
Desiderio notes that the GOP is being criticized for writing and passing the bill too quickly, just to secure a win before 2018. The bill will inevitably provide big gains for corporations, which are permanent, but the tax cuts on individuals run out after a certain number of years.
Desiderio also talks his latest piece on the promises that Sen. Mitch McConnell made in exchange for votes on the reform bill. Sens. Susan Collins and Jeff Flake both were promised certain concessions, but what happens to McConnell if he fails to keep them.
Airline executives faced tough questions from Congress on Wednesday, with the Senate panel grilling top CEOs on how they used that $54 billion Covid-19 government lifeline.
This hearing comes as airlines continue to face staffing shortages and widespread delays. Jason Ader, Leisure Analyst and CEO of SpringOwl Asset Management joined Cheddar's Opening Bell to discuss.
The Hill's White House Correspondent Alex Gangitano joined Wake Up With Cheddar to break down the deterioration of Senator Manchin and President Biden's relationship, as the White House calls out the West Virginia lawmaker for "breaching his commitments to the President."
Airline executives faced tough questions from a Senate panel on Wednesday after receiving a $54 billion dollar Covid-19 government lifeline. Congress approved the fund in three rounds covering much of US airlines’ payroll costs for 18 months. During the hearing lawmakers asked CEO’s how they used the federal bailout funds, about staffing issues, flight cancellations, and delays. U.S. airlines reported a record $35 billion dollar loss last year when travel came to an abrupt halt because of the pandemic. Michael Boyd, CEO at the Boyd Group International explains why customers may not be returning to the skies quite so soon.
Senior Global Market Strategist at Wells Fargo Investment Institute Scott Wren joined Wake Up With Cheddar to recap the central bank's policy change, and how it may impact the economy moving forward.
Carlo's joined by a quarantining Baker to discuss the headlines from the weekend as Omicron spreads like wildfire, Manchin kills Biden's signature bill and Spider-Man throws a lifeline to the box office.
President Joe Biden is pledging to do “whatever it takes, as long as it takes” to help Kentucky and other states recover and rebuild after a series of deadly tornadoes that he says left a trail of unimaginable devastation.
The Federal Reserve has nixed the controversial word "transitory" to describe inflation in its latest policy statement. The change in language comes as the Fed plans to speed up its tapering of monthly asset purchases.
