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 Greenberg details just what happens when the individual mandate is repealed.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.
Attorneys for former President Donald Trump requested that the judge presiding over the federal case involving attempts to overturn the 2020 election be reassigned.
With Congress back from summer recess, House Speaker Kevin McCarthy has a slew of issues to resolve ahead of this month's spending deadline.
North Korean leader Kim Jong Un has arrived in Russia and is set to meet with Vladimir Putin.
The U.S. approved updated COVID-19 vaccines Monday, hoping to rev up protection against the latest coronavirus strains and blunt any surge this fall and winter.
The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. In addition, as part of the deal, the administration has agreed to release five Iranian citizens held in the United States.
The U.S. government is taking aim at what has been an indomitable empire: Google’s ubiquitous search engine that has become the internet’s main gateway.
President Joe Biden met with Vietnamese President Vo Van Thuong in Hanoi following his trip in India for the G20 summit.
North Korean leader Kim Jong Un is headed to Russia to meet with President Vladimir Putin.
President Joe Biden departed Vietnam after meetings with President Vo Van Thuong along with other high-ranking officials, following his participation at the G20 summit in India.
Bells tolled at ground zero and solemn tributes unfolded around the country as Americans looked back Monday on the horror and legacy of 9/11.
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