Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Detroit, beset for years by high crime, poverty, and unemployment, has been led away from the brink by an adept mayor. ith biblical succinctness, and foreshadowing a resurrection, Mike Duggan said, "Let there be light!" and 65,000 LED streetlights replaced the 40 percent of the city's streetlights that were broken when he took office in 2014.
With biblical succinctness, and foreshadowing a resurrection, Mike Duggan said, "Let there be light!" and 65,000 LED streetlights replaced the 40 percent of the city's streetlights that were broken when he took office in 2014. They are among the many reasons that on Nov. 7 he, the first white mayor here in 40 years, will win a landslide re-election in a city that is 83 percent black.
As delicious as that sounds, Trump's tax overhaul may be tastiest for what it makes tiny, appealing, and compact: the 1040 tax return. If Washington Republicans manage not to botch tax reform - as they wrecked Obamacare repeal - simplification should be among the new system's most attractive elements, along with its consolidation of seven tax rates to three: 12, 25, and 35 percent.
Dressed in a threadbare purple cardigan and stained grey Crocs, Ines Cabrera limps over to her Chevy Colorado and cracks open the passenger window. A torrent of high-pitched yelps escape from inside.
A Nation investigation can now reveal how JPMorgan met part of its $8.2 billion settlement burden: by using other people's money. Here's how the alleged scam worked.
U.S. House Democrats introduced legislation on Wednesday to direct banking regulators to review operations at the country's largest banks and consider shutting them down if they exhibit repeated wrongdoing to consumers. The bill, likely to meet stiff opposition from the Republican majority in Congress, represents the most direct threat yet from policymakers eager to see the nation's biggest banks, including Wells Fargo and JPMorgan Chase, broken up.
Homeowners would be forced to choose between two popular tax deductions - one for local property taxes, the other for mortgage interest - under a potential compromise that House Republicans are considering as they craft the evolving tax revamp. The nearly $6 trillion tax overhaul plan being pushed by President Donald Trump and Republican leaders in Congress promises to retain the deduction of mortgage interest from federal income taxes - a cherished tax break used by about 30 million Americans that supporters say is a catalyst to home ownership.
Hurricane Irma survivors who disagree with the determination letter they receive from the Federal Emergency Management Agency may find that a quick fix is all that is needed to change the decision. Everybody has a right to appeal.
President Trump and top Republicans will promise a package of sweeping tax cuts for companies and individuals, people briefed on the planning said, but the GOP leaders will stop short of labeling many of the tax breaks they hope to strip away, putting off controversial decisions that threaten to sink the party's tax effort. Republicans' "unified" framework, which they will release and promote Wednesday during speeches and meetings, aims to cut taxes by more than $5 trillion over 10 years and recoup more than half of that lost revenue by eliminating numerous tax breaks.
New home sales were down again in August, following a 9.4 percent plunge in July. The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly constructed homes sold during the month at a seasonally adjusted rate of 560,000 units.
Tax reform has been a major component of the Trump administration's domestic policy agenda, and after numerous distractions, the White House and lawmakers on Capitol Hill are starting to talk more seriously about the Trump tax plan and potential ways to achieve the goal of bolstering economic growth. Yet one fundamental obstacle to tax reform remains the difference in priorities between the two major political parties.
While the headlines scream DACA, DACA, DACA - Deferred Action for Childhood Arrivals , as if all reading America doesn't already know - another work authorization program that stumping presidential candidate Donald Trump criticized rolls on. The H-1B visa made national headlines last year when major corporations fired Americans workers, and forced them to train their foreign-born visa replacements or lose their severance packages.
Beware the conventional wisdom. The futures markets have priced in a 50 percent probability that Federal Reserve policy makers will deliver a third consecutive holiday-season rate hike, up from a scant 20 percent two weeks ago.
The letters "CFPB" may not be much more than alphabet soup to your average student loan borrower. They stand for Consumer Financial Protection Bureau, a new-ish federal agency - created in 2011 - with a unique mission.
Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation's fiscal fabric - the mortgage interest deduction that millions of homeowners prize and the deduction for state and local taxes popular in Democratic strongholds. About 30 million Americans, or about 20 percent of taxpayers, deduct mortgage interest from their income taxes, a deduction Realtors and homebuilders argue is a catalyst to home ownership in the United States.
President Trump gives every indication he is pressing forward with a tax reform plan that slashes rates for all taxpayers - including the wealthiest Americans - despite Democrats' steadfast opposition to letting the top 1 percent of earners keep anymore of their money. But Mr. Trump, usually not a man to shy from a fight, has resisted engaging Democrats in the class warfare they're waging against his plan.
With Congress back in session, its GOP leadership and the Trump Administration clearly want to move the focus to tax reform after a tumultuous summer that yielded no action on health care. And, while Congress and the White House mull their strategies on how to cut the corporate and individual rates, Americans must pay attention to how the GOP might proffer to pay for these cuts.
Rescue boats fill a flooded street at flood victims are evacuated as floodwaters from Tropical Storm Harvey rise Monday, Aug. 28, 2017, in Houston. ORG XMIT: TXDP401 Conception Casa, center, and his friend Jose Martinez, right, check on Rhonda Worthington after her car became stuck in rising floodwaters from Tropical Storm Harvey in Houston, Texas, Monday, Aug. 28, 2017.
Backers of the treaty argue that without renegotiation of NAFTA, the forecast growth of U.S. liquefied gas to Mexico would be compromised. Mexico isn't buying our gas because of NAFTA, but due to the proximity and reliability of our gas supply.