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 Greenberg details just what happens when the individual mandate is repealed.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.
The U.S. reported its first confirmed case of the omicron variant in California on Wednesday. Scientists and health officials are racing to understand the variant, with the WHO saying it's still too early to determine whether it's more contagious, more deadly or more resistant to vaccines than other variants. Omicron has pushed members of the WHO to commit to start talks over a "gobal pandemic treaty" for future pandemic preparedness.
Priti Krishtel, co-founder and co-executive director of the Initiative for Medicines, Access & Knowledge, joins Cheddar Politics to discuss.
Wednesday was not a good day for those who believe in abortion rights in this country as the Supreme Court heard arguments on a Mississippi abortion law that bans most abortions after 15 weeks of pregnancy. The majority of the court appears poised to roll back abortion rights, and the questions from the conservative justices seemed to indicate the law for nearly 50 years is likely to change.
Jessica Mason Pieklo, senior vice president and executive editor of Rewire News Group, joined Cheddar Politics to discuss Wednesday's hearing.
Michael Cohen, Donald Trump's former personal lawyer, has been busy since completing his prison sentence in November. He's getting into the NFT space, selling his federal prison badge and the original manuscript of his book "Disloyal" as NFTs. Cohen joined Cheddar to discuss his latest venture and why he thinks there is still much to be revealed about his case.
Jonathan Adler, Law Professor at Case Western Reserve University, joined Wake Up With Cheddar to discuss Tuesday's ruling and provide legal context to recent battles over vaccine mandates.
Carlo and Baker wrap up the week talking about the Biden economic boom that no one seems to notice, a verdict in the Jussie Smollett case, the first Starbucks union in America and the pleasures of the "dude nod."
A new bill in Congress shows just how bipartisan cannabis really is. Rep. David Joyce, a Republican from Ohio, teamed up with progressive Rep. Alexandria Ocasio-Cortez on a cannabis expungement bill. Cheddar cannabis reporter Chloe Aiello spoke with the congressman about the legislation.
The Congressional Progressive Caucus have lined up to support the Thirty-Two Hour Workweek Act introduced by Rep. Mark Takano (D-Calif. 41st District). The representative joined Cheddar to discuss how instituting a four-day workweek in the United States can be beneficial for both employees with the need of a work-life balance and employers looking both to retain talent amid a labor shortage and improve efficiency in their workforces. "We live in a different time than 90 years ago when we established a 40-hour workweek," he said. "We've had a lot of technological changes, the American worker is exponentially more productive than previous generations, so it's time to reexamine Americans and the way in which they relate to work."
Instagram CEO Adam Mosseri faced a bipartisan Congressional grilling this week as the Senate inquired about safety practices for protecting the mental wellbeing of young people on the platform. Sen. Marsha Blackburn (R-Tenn.) joined Cheddar to talk about the hearing and how she was disappointed in Instagram coming unprepared with relevant information or documents. Blackburn also offered concern that the platform could continue with building a kids-only version despite having drawn significant opposition from the public.