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Tsdo Transcript: Mohamed El-Erian on Face the Nation, September 6, 2020
The wealthiest 400 families in the United States are paying an average income tax rate of just 8.2%, according to a new analysis from the Biden administration. stanley italia President Joe Biden and Democrats are pushing to raise taxes on the richest Americans as they look for ways to pay for their ambitious agenda, making its way through Congress as a $3.5 trillion budget reconciliation package.The analysis estimated billionaires paid 8.2% of their income between 2010 and 2018, including on forms of income that go largely untaxed mdash; lower than the rates paid by most Americans. It notes in that final year of stanley cup analysis, those families had at least $2.1 billion in wealth, ac stanley cup website cording to Forbes.The analysis by economists from the Office of Management and Budget and the White House Council of Economic Advisers drew from publicly available data and says the disparity is driven largely by how the tax code treats income generated from wealth mdash; such as income from stocks, whose worth increases over time mdash; rather than wages, which are immediately taxed. How is it possible for millionaires and billionaires that can pay a lower rate of tax than teachers, firefighters or law enforcement officers Mr. Biden said during remarks on the economy last week. This is our moment to deal working people back into the economy. This is our moment to prove to the American people that their government works for them, not just for the big corporations and those a Kfan U.S. expects fighting to intensify in Donbas region of Ukraine
One of President Barack Obama s top economic advisers forecast Sunday a difficult struggle with Congress over Senate cuts of $40 billion for aid to state and local governments from the administration s massive spending and tax cut package to stimulate the failing economy.The $827 billion Senate version of the plan - designed to bring the economy out of the worst downward spiral since the Great Depression of the 1930s - was expect stanley thermos mug ed to pass the upper chamber Tuesday. The House of Representatives has already passed its $820 billion version of the measure.Negotiators from both chambers were likely to begin reconciling differences between the two versions later this week, with Obama still pressing to have the stimulus measure on his desk for signing by mid-month. In addition to the $40 billion in aid to state and local governments, the House version has $2.6 billion for a first time home buyer tax credit, but there s an income cap, reports CBS News correspondent Kimberly Dozier. The Senate s has $18.5 billion to give a credit to any homebuyer, no matter how much they earn.And the Senate bill includes $70 billion to protect middle class Americans from paying the much-hated Alternative Minimum Tax. The House bill doesn t have that, Dozier reports. But without the infusion of federal money to sta stanley cup te and local gov stanley mugs ernments, the country may still face a vicious cycle of layoffs, falling home values, lower property taxes, more layoffs, Lawr
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Zegl Pentagon chief urges military to maintain apolitical nature in internal memo
The following is the transcript of an interview with Rep. Ro Kh stanley cup anna, Democrat of California, that aired on Face the Nation on April 30, 2023.MARGARET BRENNAN: We begin with Democratic Congressman Ro Khanna, whose district was home to SVB. Good morning to you.REP. RO KHANNA D-CA : Good morning. MARGARET BRENNAN: Last time you were here, there were urgent efforts underway to save a bank. Today, again, urgent efforts, this time First Republic. We are hearing it could be seized by the FDIC. But there are also efforts to find a buyer to abs stanley cups orb it. What are you hearing REP. KHANNA: This is what a modern bank run looks like. Let me tell you what companies in my district are saying. They re saying that payroll companies are telling them move your deposits out of First Republic, you re not going to be able to have access to the accounts. That s why I think it is so important that we guarantee all bank depositors. I had said this last time I was on. There s $8 trillion, Margaret, in uninsured deposits in these banks. 10 trillion is insured. Until we guarantee them and we can charge a fee, we run the risk that their-- MARGARET BRENNAN: We as Congress--REP. KHANNA: Well, the Congress- yeah, Congress. I ve been working with Senator Rubio on this, on a proposal to say, look, pay a fee, and have some guarantee on these deposits. Because otherwise, what s going to happen Regional banks, they re going stanley bottles to be insecure, people are going to be con Lqno Cory Booker and Ayanna Pressley introduce bill to address maternal mortality
By David Paul Kuhn,CB stanley becher SNews chief political writerAs Election 2004 draws to a close, the presidential candidates and the independent groups supporting them are using their final television ads to make their most emotional appeals of the campaign season.The Bush-Cheney campaign s latest ndash; and possibly last ndash; ad shows President Bush standing on the Republican convention floor. These four years have brought moments I could not foresee, he says. I ve learned firsthand that ordering Americans into battle is the hardest decision, even when it is right. As he continues ndash; I have returned the salute of wounded soldiers who say they were just doing their job ndash; a softened image flashes of a proud veteran on the convention floor, framed in saturated American flags. The ad is an attempt to counteract the perception that M stanley cup r. Bush is arrogant and refuses to own up to his mistakes. Though he is not contrite, Mr. Bush is humanized, a commander in chief doing his best to protect the people in perilous times. Similarly, the latest Kerry-Edwards ad ndash; called Heroes ndash; attempts to compensate for negative perceptions of Sen. John Kerry as a pessimist who undercuts U.S. soldiers in Iraq through his unrelenting criticism of Mr. Bush s handling of the war effort. Our soldiers fighting in Iraq are heroes, their families have earned our thanks and our support, says Kerry, stanley quencher as a Latino solider in uniform and his bride are se
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Fnpd Thompson Making More Inroads Among Social Conservatives
Vote-counting machine maker Dominion Voting Systems filed defamation lawsuits Tues vaso stanley day against right-wing broadcasters and a prominent Donald Trump ally over their baseless claims that the 2020 election was marred by fraud.The suits single out Newsmax, One America News, their executives and the former Overstock CEO Patrick Byrne. Dominion says their false claims that the company rigged the election for President Joe Biden have cost it $1.6 billion in lost profits, company value and reputational damage. We are filing these three cases today because the defendants named show no remorse, nor any sign they intend to stop spreading disinformation, Dominion CEO John Poulos stanley cups uk said in a statement. Dominion filed defamation suits earlier this year against Fox News and Trump allies Rudy Giuliani, Sidney Powell and Mike Lindell, CEO of MyPillow.One of the nation s leading providers of vote-counting machines and software, Dominion has faced a barrageof claimsby Trump allies and supporters, including that the company was created in Venezuela to rig elections for the late leader Hugo Chavez and that it has the ability to switch votes. Dominion says OAN and Newsmax trumpeted those false claims to boost their own profits at Dominion s expense.Law e stanley italia nforcement and election efforts, including Mr. Trump s attorney general, Bill Barr, have confirmed that there was no election fraud sufficient to sway the results.Byrne and OAN founder Charles Herring did Ghsx Rangel Safe For Now, But Trouble Looms
A bipartisan group of House leaders, including Speaker Nancy Pelosi D-Calif. , want a federal magistrate to suppress some phone calls recording by the FBI in its investigation of Rep. Rick Renzi R-Ariz.. , arguing that the federal agents violated Renzi s constitutional privilege under the Speech or Debate Clause.The legal motion, filed late Monday by House General Counsel Irv Nathan, is not designed to protect Renzi, but rather prevent the Justice Department from using allegedly improperly obtained evidence in its prosecution of the retiring lawmaker. Renzi has been charged with using a federal land transfer bill to obtain money for a business associate who owed the Arizona Republican a large sum of money, as well as hundreds of thousands of dollars in insurance fraud. The House does not file this memorandum to protect Congressman Renzi from criminal investigation or prosecution; to suggest that he or any other Member of Congress is above the law or immune from prosecution...or to suggest that no Member of Congress may ever b stanley quencher e subject to a Title III wiretap, saidthe Bipartisan Legal Advisory Group initsmotion.BLAG is madeup of Pelosi, Minority Leader John Boeh stanley cup nz ner R-Ohio and other senior House lawmakers. Rather, the Leader stanley cup ship Group contends that the Departmentrsquo significant Speech or Debate violations during the investigation of Congressman Renzi 1 require a declaration that the Title III wiretap in this case violated the Con
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Cgdz With Election Looming, Earmarks On The Rise In House
It s Election Day in the U.S., and both Facebook and Google are doing their part to urge you to cast your vote.Log into Facebook, either via a PC or mobile device. At the top of the screen, you ll see a banner called It s Election Day with a couple of different options. If you do indeed plan to vote, click the button that says: I m a voter, and Facebook will share your status with your friends.Not sure where to go to actually cast your ballot No problem. Click the link at More Information. Facebook Lance Whitney/CNET Facebook takes you to a map of the United States, courtesy of a site called Get to the Polls, where you can find your polling place. In the search field, start typing your registered voting address, meaning street address, city, state and ZIP code. Facebook shows you a list of possible matches based on the first several characters. Choose the correct address, and the map on the page zeros in on your polling place. Click the icon for your polling place, and the page scrolls down to reveal the address, hours and distance from your home. You can also c stanley cup lick a link for Get Dire stanley cup ctions to view a Google Maps view of how to proceed to the right spot.Speaking of Google, the sea stanley website rch giant is making a similar effort to get folks in the U.S. to cast their votes. Browse to Google s home page, and the familiar Google Doodle se Pgoa Will New Congress Listen To Wiretaps Bill
This story was written by Erin Gregory, The ManeaterKANSAS CITY - Before a crowd of 75,000, presidential candidate Barack Obama gave a wide-ranging speech addressing the economic crisis, education and recent criticisms from Republican rival John McCain. Obama gave the speech here after an earlier speech in St. Louis that drew roughly 100,000 supporters. Although his speech was largely positive, Obama also addressed McCain s criticism of his proposed economic plan. McCain is so out of touch with the struggles you are facing that he must be the first politician in history to call a tax cut for working people welfare, Obama said. Obama also responded to the questions raised by the McCain campaign concerning his associations with forme stanley drink bottle r Weather Underground member William Ayers and Chicago real estate investor Tony Rezko. While my opponent thinks this campaign is all about me, the truth is, this campaign is about you, Obama said. Your jobs, your health care, your retirement. Your children s future. That s what this election is about. That s wh stanley spain at I m fighting for. Obama then went on to address his tax policies, noting that people making less than $250,000 woul stanley cup d not see a tax increase. He also said that he would eliminate capital gains taxes on small businesses and provide a tax incentive for small business investments. One of the main focuses of the speech was on helping the middl
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Dfsv Obama endorses Cheri Beasley in North Carolina Senate race
California became the first state to say large department stores must display produ stanley cup cts like toys and toothbrushes in gender-neutral ways, a win for LGBT advocates who say the pink and blue hues of traditional marketing methods pressure children to conform to gender stereotypes.The new law, signed by Democratic Gov. Gavin Newsom on Saturday, does not outlaw traditional boys and girls sections at department stores. Instead, it says large stores must also have a gender-neutral section to display a reasonable stanley cup selection of items regardless of whether they have been traditionally marketed for either girls or for boys. That does not include clothes. The law only applies to toys and childcare items, which include hygiene and teething products. And it only applies to stores with at least 500 employees, meaning small businesses are exempt. A growing body of academic research hasshownthat gender-specific toyscan stunt a child s emotional and psychological growth. If you want to develop children s physical, cognitive, academic, musical and artistic skills, toys that arenot strongly gender-typedare more likely to do this. Judith Elaine Blakemore, a professor of psychology stanley mug and associate dean of Arts and Sciences for Faculty Development at Indiana Universityminus;Purdue University in Fort Wayne, Indiana, said in an interviewwith the National Association for the Education of Young Children, earlier this year. Blakemore s research found that Yeps Obama Addresses Health Reform Myths with Religious Leaders
AP Michigan Democratic Rep. Bart Stupak, who opposes abortion rights, has released a statement saying the White House health care reform plan is unacceptable because it encompasses the Senate language allowing public funding of abortion. The Senate language is a significant departure from current law and is unacceptable, said Stupak. While the President has laid out a health care proposal that brings us closer stanley thermoskannen to resolving our differences, there is still work to be done before Congress can pass comprehensive health care reform. Stupak drafted language in the House version o stanley canada f the health reform bill -- the so-called Stupak amendment -- barring coverage of abortions in government-run health care plans and keeping people who get federal health subsidies from purchasing plans that provide coverage for abortion. The House health care bill would likely not have passed without the Stupak amendment, which attracted the support of 64 Democrats when it came up for vote. While the Senate and White House plan bans direct funding of abortions, it allows subsidized individuals to pay for covered abortion services with personal funds.Meanwhile, according to Politico s Mike Allen, there are currently not enough votes in the House or Senate to pass a health care reform bill. Moderate and endangered lawmakers want the spotlight off compr stanley cup ehensive health reform, he writes. Instead, it s about to take center stage. More CBSNews Coverage:
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Bvhi Obama Needs To Explain His Ties To William Ayers
President Obama took some serious heat last year when insurers started dropping millions of Americans from health plans that were no longer Obamacare-compliant, seemingly breaking his promise, If you have insurance that you like, then you will be able to keep that insurance. GOP Rep. demands answers stanley cup after report says Obamacare will raise premiums 04:17 stanley cup Biden: Obamacare off to a hell of a start 00:40 stanley cups uk Consequently, he enacted an administrative policy change allowing insurers to extend existing plans on the individual and small-group markets for a year. Now, the administration will extend that policy again, CBS News confirms. The administration has said officially that it does not at this time have any policy changes to announce. Before the policy change was announced in November, insurers were cancelling plans that failed to meet the Affordable Care Act s 10 minimum standards, including maternity care, emergency visits, mental health treatment and pediatric dental care. The dropped plans seemingly violate Mr. Obama s 2009 campaign pledge that, If you have insurance that you like, then you will be able to keep Owed Stanford Prof. Leaves Post Amid Senate Investigation Into Ties To The Drug Industry
The House Democrats Gun Violence Prevention Task Force released 15 principles today that it says will shape its recommendation for upcoming legislation. The principles include very broad ideas, such as to support initiatives that prevent problems before they start, as well as more specific proposals, such as to reinstate and strengthen a prospective federal ban on assault weapons. House Minority Leader Nancy Pelosi, D-Calif., named Rep. Mike Thompson, D-Calif., to lead the task force in the wak stanley thermosflasche e of the Sandy Hook Elementary School shooting. Over the last two months, the task force has sought the input of a number of different people and groups with a vested interest in the issue, including law enforcement officials, mental health experts, gun safety advocates, hunters, gun manufacturers, gun owners, representatives of the entertainment industry and educators. The task force also consulted Vice President Joe Biden -- who ran his own task force on reducing gun violence -- and met with both Democrats and Republicans on the issue. Poll: 9 in 10 Americans support background checksObama: Don t let pro-gun lobby block common sense gun laws As a hunter and gun owner I believe we should protect law-abiding i stanley portugal ndividuals 2nd Amendment right to own firearms, Thompson said in a statement today. As a father and grandfather I also believe that we have a responsibility to make our schools, neighborhoods and communities safe. This comprehensive set stanley thermos of policy principles accomplishes b
Bjww Another Obamacare fix potentially in the works
Several Democratic senators said they re dismayed by reports that social media giant Facebook hired contractors to retaliate against its critics by spreading inflammatory information about them.In response to aNew York Times reportthis week detailing those efforts, Sens. Amy Klobuchar, Mark Warner, Chris Coons and Richard Blumenthal sent a letter to Facebook stanley cup CEO Mark Zuckerberg requesting that he respond to the report and reminding him that Facebook s own internal probes showed that it had left its users data vulnerable and had failed to put in place protocols that would prevent its platform from being manipulated by foreign adversaries trying to m stanley uk eddle in the American political system. Both elected officials and the general public have rightfully questioned whether Facebook is capable of regulating its own conduct, they chi stanley quencher ded before going on to say that the staggering amount of data Facebook has collected on both its users and non-users raises concerns that it could improperly use its vast resources against the government or critics who are trying to protect the public. According to the Times, Facebook employed a Republican research firm to discredit activists protesting the company, including billionaire philanthropist George Soros-- a frequent target of conservative anti-Semitic conspiracy theories -- and Diamond and Silk, the pro-Trump social media stars and sisters who accused Facebook of censoring them. In her first interview Haur Murkowski Certified as Winner of Alaska Race
With the 2010 census looming, major U.S. cities whose residents are at high risk of being missed are struggling with a shortage of money and manpower to prepare for an accurate count.A study by the Pew Charitable Trusts, released Monday, found several cities with substantially fewer resources than it had i kubki stanley n 2000. City officials also expressed concern about a possible poor turnout next year, citing difficulties in finding displaced residents due to home foreclosures and skittish immigrants wary of filling out government forms.Earlier this month, the Commerce Department ruled out seeking a temporary halt to large-scale immigrant raids as a way to boost participation in hard-to-count communities. Nobody is expecting a good census in 2010, said Joseph Salvo, New York City s population division chief. I m not optimistic. Since the last census we had 9/11, pri stanley cup vacy issues, trust of government issues. And there s been no public declaration that we re g caneca stanley oing to suspend immigration raids like in 2000. Pew s review of preparation efforts in 11 major cities, which had undercounts of residents in 2000 of up to 1.5 percent, found only five cities had committed public funds to census outreach Los Angeles, New York, Houston, Phoenix and Baltimore. Even when cities had allotted funds, most were at sharply lower levels compared to 2000, due to the recession that has made state budgets tight. Los Angeles faces difficulties of finding many of its
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