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 Greenberg details just what happens when the individual mandate is repealed.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.
Cuba announced tough economic measures for 2024 with increased prices for fuel and essential services.
Florida Gov. and presidential hopeful Ron Desantis says that he thinks the Republican primary would be different if former president Donald Trump wasn't indicted.
Rudy Giuliani has filed for bankruptcy, days after being ordered to pay $148 million in a defamation lawsuit.
The top military officer in the United States met with his Chinese counterpart for the first time in over a year.
A judge ordered former Trump attorney Rudy Giuliani immediately to start paying the judgment against him for the former Georgia election workers that he defamed.
Lawyers for former president Donald Trump requested that the Supreme Court avoid taking on an appeal about whether Trump has immunity for his actions challenging the 2020 election results.
President Joe Biden said there's no question former President Donald Trump supported an insurrection but wouldn't give an opinion on Colorado banning Trump from the ballot.
Hamas says it will not negotiate for the release of any additional hostages until Israel's operation in Gaza ends.
Former President Donald Trump's bid to win back the White House is now threatened by two sentences added to the U.S. Constitution 155 years ago.
Parents are opting out of school vaccinations at the highest rate ever.
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