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 Greenberg details just what happens when the individual mandate is repealed.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.
New York City is not only dealing with the ongoing pandemic, it’s also facing a surge in crime. President Biden recently traveled to New York to meet with the city’s new mayor, Eric Adams, to discuss the rise in crime and gun violence.
The president praised Mayor Adams' crimefighting agenda and unveiled a new federal initiative to curb the flow of illegal weapons from the south. Josefa Velásquez, Senior Reporter for THE CITY, joined Cheddar's Fast Forward to talk about how the mayor is battling this increase in crime in his first weeks in office.
The Democratic governors of New Jersey, Connecticut, Delaware, and Oregon say they will lift mask requirements for schools in the coming weeks, reflecting a nationwide shift away from restrictions. Cheddar News speaks with internist Dr. Vivek Cherian whether it's safe to relax the regulation.
Amazon warehouse workers in Alabama are set to begin voting to unionize for a second time after workers at the facility in the town of Bessemer overwhelmingly voted against forming a union during an election early last year; but in November, the National Labor Relations Board overturned the vote, upholding a union challenge of the results which argued that Amazon undermined the conditions for a fair election. Another round of ballots will now be mailed out to works at the warehouse for a so-called re-run election. Director of Labor and Employment Studies at San Francisco State University John Logan and National Field Director for Our Revolution Mike Oles joined Cheddar News' Closing Bell to discuss.
David Daley, author of the book 'Unrigged: How Americans Are Battling Back to Save Democracy,' joins Cheddar News to discuss redistricting battles taking place across the U.S.
Andrew Cuomo is reportedly planning his comeback. According to the Wall Street Journal, the former New York governor and his aides are considering how to make his first public appearance since he abruptly resigned last August amid sexual harassment allegations. Jake Lahut, politics reporter for Insider, joined Cheddar's Opening Bell to discuss Cuomo's potential return to politics.
The pressure is on for UK Prime Minister Boris Johnson - after his closest aides handed in their resignations this week.
It comes after a report found that 16 parties had taken place at Downing Street while Covid lockdown protocols were in place in the region. Ari Aramesh, Attorney & National Security/Foreign Policy Analyst joined Cheddar's Opening Bell to discuss.
President Biden has ordered about 3,000 U.S. troops to Eastern Europe as Russia refuses to back off its pressure on Ukraine. The deployments to Poland, Germany, and Romania are a show of support to NATO allies concerned about a potential Russian invasion of Ukraine. This is in addition to the 8,500 troops put on high alert. David Tafuri, former Obama campaign foreign policy advisor and former State Department official, joined Cheddar to discuss what this move means for U.S.-Russia relations.
After tennis player Peng Shuai made an explicit sexual assault allegation toward a former Chinese government official, she disappeared from the public eye. Her recent reappearance with the IOC alongside a Chinese Olympic committee official raised eyebrows and renewed concerns for her safety. Asian affairs expert Gordon Chang, author of "The Coming Collapse of China," joined Wake Up With Cheddar to discuss Peng Shuai's retraction and the various human rights controversies swirling at the Beijing games. "It's clear that the IOC was working with Beijing to make sure that she did not express herself freely," Chang said. "So really this is the IOC being complicit in these mechanisms of control over Peng."
