Jon Greenberg, staff writer for Politifact, breaks down some of the rhetoric from the left and the right around the GOP tax reform bill.
Chris Ruddy of Newsmax claimed that the GOP bill would bring in $3 trillion of offshore funds back into the economy from large U.S. corporations receiving a tax cut overseas. But just how true is this? Politifact has rated the statement half true. Greenberg notes that while corporations are receiving a reduction in overseas taxes, 45% of the $3 trillion made overseas is already in the U.S.
Greenberg also weighs in on House Minority Leader Nancy Pelosi's statement that the GOP bill would "sabotage" the healthcare of 13 million Americans. Greenberg details just what happens when the individual mandate is repealed. He explains that the repeal of the individual mandate will cause healthy people to leave the marketplace, which will cause costs to go up for those that are sick. That means some of those people won't be able to afford health insurance anymore. Politifact's overall rating of Pelosi's statement: half true.
Last week, Senators Ron Wyden of Oregon and Martin Heinrich of New Mexico, Democrats on the Senate Intelligence Committee, wrote a a letter airing concerns that the CIA is collecting the data of American citizens without their consent. The lawmakers fear that the program might be exploiting private data. Morgan Wright, the chief security advisor at cybersecurity firm SentinelOne, joined Cheddar News to discuss the ramifications of the letter. "We don't have all the dots in one place to connect them," said Wright, cautioning against jumping to conclusions.
Russian President Vladimir Putin and his Foreign Minister Sergey Lavrov said that diplomacy is still possible, while U.S. officials warn that an attack on Ukraine is imminent. Cheddar News speaks with James Astill, Washington bureau chief of The Economist on the latest developments in Eastern Europe.
As the number of Russian troops rose to 130,000 along its Ukrainian border, hopes for a diplomatic solution remain among world leaders. Jason McMann, head of geopolitical risk analysis at Morning Consult, joined Cheddar News to break down the fluid situation. "We saw signs pointing towards an increase in tensions between Ukraine and Russia, whereas today we're seeing some signs that the Russian government may be willing to continue down a path of diplomatic negotiations to try and find some sort of non-military solution," he said.
Nancy Pelosi and House Democratic leaders are now planning to amend the stop trading on congressional knowledge act, otherwise known as the 'Stock' Act. This 2012 law governs how members disclose the purchase or sale of stocks and amending it would close a loophole, eliminating the trading of individual stocks by members of congress. Pelosi has consistently opposed a ban on stock trading by lawmakers and congressional staff...so what's changed? Kedric Payne, Vice President of Campaign Legal Center, joins Cheddar News to discuss.
In a 5-4 vote, the U.S. Supreme Court allowed for a controversial new version of the Alabama congressional map to remain in place. The lower court had previously ordered that the state must redraw that congressional map because it violates the Voting Rights Act by diluting the political power of Black voters. Redistricting expert Yurij Rudensky joins Cheddar News to weigh in.
Florida lawmakers have introduced a controversial bill restricting some discussion of sexual orientation and gender identity in classrooms with young students. Supporters say the move empowers parents to have more of a say in what their children learn. Florida State Senator Shevrin Jones joins Cheddar News to discuss more.
Congress this week passed a bill that would end forced arbitration for workplace sexual assault and harassment, one of the most significant changes to employment law in years. Cheddar News speaks with Marjorie Mesidor, Sexual Harassment Attorney, who explains that arbitrators are often retired judges or attorneys who "tends to have a more conservative view both to law and rewards."
As the situation with Russia has grown more precarious, the White House urged Americans remaining in Ukraine to leave immediately. The Biden administration that it sees continuing signs of escalation but did not have specific information detailing a timetable for a potential invasion. Kristine Berzina, senior fellow and head of the geopolitics team at the Alliance for Securing Democracy, joined Cheddar News to provide her analysis. "There's talk of an impending phone call between President Putin, President Biden," Berzina said. "That is certainly a good sign to indicate that there would be significant cost."
Terrell Starr, host of 'Black Diplomats' podcast and senior nonresident fellow at the Eurasia Center for Atlantic Council, joins Cheddar News from Kyiv, Ukraine to discuss the mounting tension there.
