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 Greenberg details just what happens when the individual mandate is repealed.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.
Jill is joined by Baker Machado to talk all things infrastructure: where will the money go and who’s in charge? Plus, Sesame Street has its first Asian-American muppet. And a trailer for the trailer for Spiderman. Huh?
In this week's Cheddar Changemakers, Megan Pratz spoke with a 16-year-old climate activist Sarah Goody. She is the founder of a youth-led climate action group 'Climate NOW.'
We toss around the term "democracy is under attack" quite often without thinking too much, but one organization is actually stepping up to do something about it. The Fairness Project is a group that funds and organizes state ballot measures across the country. It has used ballot initiatives on campaigns aimed at expanding Medicaid, adding more paid time off, and raising minimum wage. It recently launched a new direct democracy campaign to fight back against attempts to make ballot measures inaccessible.
Kelly Hall, executive director of The Fairness Project, joined Cheddar Politics to discuss more about the group's efforts to push for economic and social justice, avoiding partisan gridlock.
Doug Flynn, Certified Financial Planner and Co-Founder of Flynn Zito Capital Management, joins Cheddar News' Closing Bell, where he says he believes the news of the infrastructure bill was already priced into the market and that inflation continues to loom large on Wall Street.
President Joe Biden signed into law today his landmark $1.2 trillion infrastructure bill, and it includes approximately $550 billion in new funding for increased broadband access, improving the power grid, and more. But what does this mean for the American economy, and American workers? Eliza Collins, Politics Reporter at The Wall Street Journal joins Cheddar News' Closing Bell to discuss what's included in the bill, which former mayor has been tapped to oversee how the bill is implemented, and how these new infrastructure investments will impact the economy.
The two-week COP26 climate conference has now ended with leaders reaching a deal, but so far the deal is getting mixed reviews from climate experts across the globe. Chloe Demrovsky, president and CEO of Disaster Recovery Institute International, explains that while the agreement is a step forward in some ways, the world still has much more to work on in order to keep warming to below 2 degrees Celsius.
Jill and Carlo cover the latest with the infrastructure bill, the growing state rebellion over boosters, Trump's dereliction of duty on the pandemic, Taylor Swift's reign of cultural domination and more.
Sen. Sheldon Whitehouse joined Cheddar to discuss the latest push to get rid of Daylight Savings Time. A practice where several say can cause havoc on one's sleeping schedule and cause disruptions to our economy.
The past decade or so has been a has seen massive change-- usually good-- for the LGBTQ+ community. Same-sex marriage has seen broader acceptance, and there's been increased conversation about the reality of gender identity. Now, folks who don't identify as male or female can travel while staying true to their more authentic self.
The Biden administration has issued the first passport with a gender-neutral designation "X." the passport was issued to Dana Zzyym, an intersex activist from Colorado, after a long legal battle with the state department in which Zzyym argued they shouldn't be required to lie about their identity on their passport. Advocates for such changes have applauded the move, saying it will allow people who don't identify as male or female to travel the globe in a more safe and visible way.
Paul Castillo, counsel at Lambda Legal and Zzyym's attorney in this case, joins None of the Above to discuss.
