President Biden acknowledged the soaring inflation rate in a speech Wednesday at the Port of Baltimore that was meant to tout his infrastructure and social spending plans. “The American people, in the midst of an economic crisis, that recovery is showing strong results, but not to them,” Mr. Biden said. …
Read More »How taxes for the wealthy and big corporations would change under the new social spending plan
The latest tax plan to pay for President Joe Biden’s social spending bill would exact a minimum tax on the nation’s biggest companies and slap a surtax on the very wealthiest Americans, among other provisions. It also includes international taxation reforms, would close tax loopholes benefiting the rich and boost …
Read More »House approves temporary debt ceiling extension
Washington — The House on Tuesday approved a short-term extension of the debt ceiling, which would temporarily avert a fiscal crisis but tees up a second showdown over the federal government’s borrowing limit in the coming weeks. The resolution passed along party lines, 219-206, with no Republicans voting for it. …
Read More »In Durham probe, grand jury indicts Michael Sussmann, attorney with ties to Hillary Clinton’s presidential campaign
A federal grand jury in Washington, D.C., has handed up an indictment of attorney Michael Sussmann for making a false statement to the FBI, as the bureau investigated the existence of an alleged secret communication channel between the Trump Organization and a Russian bank. The indictment says that Sussmann, who …
Read More »Notebook tied to associate of 9/11 hijackers said to contain plane drawing, flight calculations
Two decades after the 9/11 terrorist attacks, a new two-page declaration has become part of both the ongoing litigation by the families of 9/11 victims against the Kingdom of Saudi Arabia and their effort to declassify the underlying FBI records that may show any possible Saudi government officials’ assistance to …
Read More »Federal appeals court refuses to block resumption of Trump’s “Remain in Mexico” policy
New Orleans — A federal appellate court refused late Thursday to delay implementation of a judge’s order reinstating a Trump administration policy forcing thousands to wait in Mexico while seeking asylum in the U.S. President Joe Biden had suspended former President Donald Trump’s “Remain in Mexico” policy on his first …
Read More »Judge rules Dominion defamation case against Trump allies can proceed
Washington — A federal judge cleared the way Wednesday for a defamation case by Dominion Voting Systems to proceed against Sidney Powell, Rudy Giuliani and Mike Lindell, allies of former President Donald Trump who had all falsely accused the company of rigging the 2020 presidential election. U.S. District Judge Carl …
Read More »Biden administration extends student loan payment pause through end of January
The Biden administration is giving Americans a “final extension” on the suspension of their student loan repayment that will last until January 31, 2022, the Education Department announced Friday. The pandemic-induced extension includes loan repayments, interest and collections. As recently as Thursday, the department had no updates on the status …
Read More »Pelosi calls GOP Leader Kevin McCarthy a “moron” for criticizing mask mandate
Washington — House Speaker Nancy Pelosi called Minority Leader Kevin McCarthy “a moron” for criticizing the reinstitution of a mask mandate in the House of Representatives. “He’s such a moron,” Pelosi said as she entered an SUV outside the Capitol Wednesday morning, after a reporter asked her to react to …
Read More »Supreme Court’s voting rights ruling casts shadow on future legal battles
Washington — The Supreme Court’s blockbuster ruling this month that placed new limits on a key provision of the landmark Voting Rights Act could hamper efforts by Democrats and voting rights advocates in the courts to derail new voting rules enacted by Republican-led states and force them to mount their …
Read More »