Trump tax-cut plan returns to US House, Republicans divided on billNew Foto - Trump tax-cut plan returns to US House, Republicans divided on bill

By Bo Erickson WASHINGTON (Reuters) -The debate within President Donald Trump's Republican Party over a massive tax-cut and spending bill returns to the House of Representatives on Wednesday, as party leaders try to overcome internal divisions and meet a self-imposed July 4 deadline. The Senate passed the legislation, which nonpartisan analysts say will add $3.3 trillion to the nation's debt over the next decade, by the narrowest possible margin on Tuesday after intense debate on the bill's hefty price tag and substantial cuts to the Medicaid health care program. Similar divides exist in the House, which Republicans control by a 220-212 margin and where a fractious caucus has regularly bucked its leadership in recent years -- though members have so far not rejected major Trump priorities. "The House will work quickly to pass the One Big Beautiful Bill that enacts President Trump's full America First agenda by the Fourth of July," House Speaker Mike Johnson said in a statement on Tuesday, citing the bill's extension of Trump's 2017 individual tax cuts and increased funding for the military and immigration enforcement. House Republican leaders set an initial procedural vote on the bill for 9 a.m. ET (1300 GMT). Some of the loudest Republican objections against it come from party hardliners angry that it does not sufficiently cut spending and a $5 trillion increase in the nation's debt ceiling, which lawmakers must address in the coming months or risk a devastating default on the nation's $36.2 trillion debt. "What the Senate did was unconscionable," said Representative Ralph Norman, a South Carolina Republican, one of several fiscal hawks who spoke out against the Senate bill's higher price tag, accusing the Senate of handing out "goodie bags" of spending to satisfy holdouts. Norman said he would vote against advancing the bill on Wednesday. Democrats are united in opposition to the bill, saying that its tax breaks disproportionately benefit the wealthy, while cutting services that lower- and middle-income Americans rely on. The nonpartisan Congressional Budget Office estimated that almost 12 million people could lose health insurance as a result of the bill. "This is the largest assault on American healthcare in history," Democratic House Minority Leader Hakeem Jeffries told reporters on Tuesday, pledging that his party will use "all procedural and legislative options" to try to stop - or delay - passage. The version of the bill passed by the Senate on Tuesday would add more to the debt than the version first passed by the House in May and also includes more than $900 million in cuts to the Medicaid program for low-income Americans. Those cuts also raised concerns among some House Republicans. "I will not support a final bill that eliminates vital funding our hospitals rely on," Representative David Valadao of California said before Senate passage. TIMING DIFFICULTIES But some House Republicans worried about social safety-net cuts could find solace in the Senate's last-minute decision to set aside more money for rural hospitals, funding that Representative Nick Langworthy, a New York Republican, called "a lifeline that will be very helpful to districts like mine." Any changes made by the House would require another Senate vote, making it all but impossible to meet the July 4 deadline. Further complicating the timeline, a wave of storms in the Washington area on Tuesday night canceled flights, and some lawmakers from both parties detailed on social media plans to drive from their home districts to the Capitol for Wednesday's expected vote. A senior White House official said on Tuesday that Trump is expected to be "deeply involved" in the whip operation this week. Trump for weeks has pushed for passage ahead of the July 4 Independence Day holiday, though he has also in recent days softened that deadline, describing it as less than critical. Any public opposition to the bill risks irking Trump, as was the case when the president slammed Senator Thom Tillis, a North Carolina Republican who announced his retirement after coming out in opposition to the bill. Another former Trump ally, the world's richest person Elon Musk, this week resumed an active campaign against the bill over social media, blasting its deficit-building effects. That has reignited a feud between Trump and Musk. (Reporting by Bo Erickson, Rick Cowan, and Nandita Bose; Editing by Scott Malone and Cynthia Osterman)

Trump tax-cut plan returns to US House, Republicans divided on bill

Trump tax-cut plan returns to US House, Republicans divided on bill By Bo Erickson WASHINGTON (Reuters) -The debate within President Donald ...
Hamas orders Gaza clan leader to surrender, accuses him of treasonNew Foto - Hamas orders Gaza clan leader to surrender, accuses him of treason

CAIRO (Reuters) -The Hamas-run interior ministry in Gaza on Wednesday ordered the leader of a well-armed Bedouin clan defying the group's control of the Palestinian enclave to surrender and face trial, accusing him of treason. A ministry statement said the decision was taken by what it called a "Revolutionary Court". Yasser Abu Shabab, who does not recognize the authority of Hamas and accuses the militants of hurting the interests of Gaza, has 10 days to surrender, it said. The court urged Palestinians to inform Hamas security officials about the whereabouts of Abu Shabab, who has so far remained beyond their reach in the Rafah area of southern Gaza held by Israeli troops. There was no immediate response from his group to the surrender order. Hamas, which accuses Abu Shabab of looting UN aid trucks and alleges that he is backed by Israel, has sent some of its top fighters to kill him, two Hamas sources and two other sources familiar with the situation told Reuters last month. Abu Shabab's group told Reuters at the time that it is a popular force protecting humanitarian aid from looting by escorting aid trucks and denied getting support from Israel or contacts with the Israeli army. It accused Hamas of violence and muzzling dissent. Israel has said it has backed some of Gaza's clans against Hamas but has not said which. (Reporting by Nidal al-Mughrabi; editing Philippa Fletcher)

Hamas orders Gaza clan leader to surrender, accuses him of treason

Hamas orders Gaza clan leader to surrender, accuses him of treason CAIRO (Reuters) -The Hamas-run interior ministry in Gaza on Wednesday ord...
Analysis shows Trump's tariffs would cost US employers $82.3 billionNew Foto - Analysis shows Trump's tariffs would cost US employers $82.3 billion

WASHINGTON (AP) — An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from PresidentDonald Trump's currenttariff plans, a sum that could be potentially managed through price hikes, layoffs, hiring freezes or lower profit margins. The analysis by the JPMorganChase Institute is among the first to measure the direct costs created by thetariffon businesses with $10 million to $1 billion in annual revenue, a category that includes roughly a third of private-sector U.S. workers. These companies are more dependent than other businesses on imports from China, India and Thailand — and the retail and wholesale sectors would be especially vulnerable to the import taxes being levied bythe Republican president. The findings show clear trade-offs from Trump's import taxes, contradictinghis claimsthat foreign manufacturers would absorb the costs of the tariffs instead of U.S. companies that rely on imports. While the tariffs launched under Trump have yet toboost overall inflation, large companies such as Amazon, Costco, Walmart and Williams-Sonoma delayed the potential reckoning by building up their inventories before the taxes could be imposed. The analysis comes just ahead ofthe July 9 deadlineby Trump to formally set the tariff rates on goods from dozens of countries. Trump imposed that deadline after the financial markets panicked in response to his April tariff announcements, prompting him to instead schedulea 90-day negotiating periodwhen most imports faced a 10% baseline tariff. China, Mexico and Canada face higher rates, and there are separate50% tariffs on steel and aluminum. Had the initial April 2 tariffs stayed in place, the companies in the JPMorganChase Institute analysis would have faced additional direct costs of $187.6 billion. Under the current rates, the $82.3 billion would be equivalent on average to $2,080 per employee, or 3.1% of the average annual payroll. Those averages include firms that don't import goods and those that do. Asked Tuesday how trade talks are faring, Trump said simply: "Everything's going well." The president has indicated that he will set tariff rates given the logistical challenge of negotiating with so many nations. As the 90-day period comes to a close, only the United Kingdom has signeda trade frameworkwith the Trump administration. India and Vietnam have signaled that they're close to a trade framework. There is a growing body of evidence suggesting that more inflation could surface. The investment bank Goldman Sachs said in a report that it expects companies to pass along 60% of their tariff costs onto consumers. The Atlanta Federal Reserve has used its survey of businesses' inflation expectations to say that companies could on average pass along roughly half their costs from a 10% tariff or a 25% tariff without reducing consumer demand. The JPMorganChase Institute findings suggest that the tariffs could cause some domestic manufacturers to strengthen their roles as suppliers of goods. But it noted that companies need to plan for a range of possible outcomes and that wholesalers and retailers already operate on such low profit margins that they might need to spread the tariffs costs to their customers. The outlook for tariffs remains highly uncertain. Trump had stoppednegotiations with Canada, only to restart them after the countrydropped its plan to tax digital services. He similarly on Monday threatened more tariffs on Japan unless itbuys more ricefrom the U.S. Treasury Secretary Scott Bessent said in a Tuesday interview that the concessions from the trade talks have impressed career officials at the Office of the U.S. Trade Representative and other agencies. "People who have been at Treasury, at Commerce, at USTR for 20 years are saying that these are deals like they've never seen before," Bessent said on Fox News Channel's "Fox & Friends." The treasury secretary said the Trump administration plans to discuss the contours of trade deals next week, prioritizing the tax cuts packagepassed on Tuesdayby the Republican majority in the Senate. Trump has set a Friday deadline for passage of the multitrillion-dollar package, the costs of which the president hopes to offset with tariff revenues. ___ Follow the AP's coverage of President Donald Trump athttps://apnews.com/hub/donald-trump.

Analysis shows Trump's tariffs would cost US employers $82.3 billion

Analysis shows Trump's tariffs would cost US employers $82.3 billion WASHINGTON (AP) — An analysis finds that a critical group of U.S. e...
Exclusive-Rwanda exercises command and control over M23 rebels, say UN expertsNew Foto - Exclusive-Rwanda exercises command and control over M23 rebels, say UN experts

By Michelle Nichols NEW YORK (Reuters) -Rwanda has exercised command and control over M23 rebels during their advance in eastern Congo, gaining political influence and access to mineral-rich territory, according to a confidential report by a group of United Nations experts. The report obtained by Reuters details training which the experts say Rwanda has provided to M23 recruits and military equipment they say Rwanda has deployed - notably "high-tech systems capable of neutralizing air assets" - to give the rebels "a decisive tactical advantage" over Congo's beleaguered army. The report was submitted to the U.N. Security Council sanctions committee for Congo in early May and is due to be published shortly, said diplomats. M23 has advanced in eastern Congo, seizing the region's two largest cities, Goma and Bukavu in January and February. Congo, the United Nations and Western powers say Rwanda is supporting M23 by sending troops and arms. Rwanda has long denied helping M23 and says its forces are acting in self-defence against Congo's army and ethnic Hutu militiamen linked to the 1994 Rwandan genocide, including the Democratic Forces for the Liberation of Rwanda (FDLR). The report by the U.N. experts said Rwanda's military support for M23 was not "primarily" aimed at addressing threats posed by the FDLR, asserting that Kigali was instead focused on "conquering additional territories". Rwanda's U.N. mission and a government spokesperson did not immediately respond to a request for comment on the report. U.S. President Donald Trump's administration is trying to broker a peace deal between Rwanda and Congo that would bring billions of dollars of Western investment to a region rich in tantalum, gold, cobalt, copper, lithium and other minerals. On Friday the Rwandan and Congolese foreign ministers signed a peace deal in Washington and met with Trump, who warned of "very severe penalties, financial and otherwise" if the deal is violated. Qatar is hosting a parallel mediation effort with delegations from the Congolese government and M23. The U.N. report said Rwanda has hosted leaders of a rebel coalition that includes M23 at its Gabiro Training Centre and also used military centres in Nasho and Gako to train M23 recruits. Rwanda also "drastically increased" the number of Rwandan troops in eastern Congo ahead of M23's advance, according to the experts, who offered "a conservative estimate of 6,000" Rwandan troops active in Congo's North and South Kivu provinces. The U.N. experts also accused Rwanda of "flagrant and systematic violations" of an arms embargo, and said a likely missile attack in January on an armoured personnel carrier carrying U.N. peacekeepers - killing one and injuring four others - appeared to have been fired from a Rwandan military position. An estimated 1,000 to 1,500 Rwandan troops were still active in M23-held territory when the report was drafted, and "several thousand" remained along the border ready to deploy, said the report, which covers investigations conducted up to April 20. PUSH FOR PEACE M23's military gains earlier this year spurred fears of a wider regional war drawing in Congo's neighbours, and also fuelled anxiety over the fate of President Felix Tshisekedi's government. In March M23 travelled as far west as Walikale, an area rich in minerals including tin, putting the rebels within 400 km of Kisangani, Congo's fourth-biggest city. The following month, however, M23 withdrew from Walikale, a decision the experts said was "taken following direct instruction from the Government of Rwanda, once again confirming Rwanda's command and control" over rebel operations. "This included strategic-level decision-making on whether to seize, hold, or relinquish territory, thereby demonstrating overall operational coordination and hierarchical subordination," the report said. The experts also accused Congo of relying on the FDLR and pro-government militia fighters known as Wazalendo, offering them money and logistics in violation of a sanctions regime. A Congo government spokesperson did not immediately respond to a request for comment. (Reporting by Michelle Nichols; Writing by Robbie Corey-Boulet; Editing by Ammu Kannampilly, Ros Russell, Peter Graff)

Exclusive-Rwanda exercises command and control over M23 rebels, say UN experts

Exclusive-Rwanda exercises command and control over M23 rebels, say UN experts By Michelle Nichols NEW YORK (Reuters) -Rwanda has exercised...
Paramount to pay $16 million in settlement with Trump over '60 Minutes' interviewNew Foto - Paramount to pay $16 million in settlement with Trump over '60 Minutes' interview

In a case seen as a challenge to free speech,Paramounthas agreed to pay $16 million to settle a lawsuit filed by PresidentDonald Trumpover the editing of CBS' "60 Minutes" interview with then-Vice President Kamala Harris in October. Paramount told media outlets the money will go to Trump's future presidential library, not to the president himself. It said the settlement did not involve an apology. Trump's lawyer said the president had suffered "mental anguish" over the editing of the interview by CBS News, while Paramount and CBS rejected his contention that it was edited to enhance how Harris sounded. They had sought to get Trump's lawsuit dismissed. There was no immediate word from the White House about the settlement of the case, which Trump filed in Amarillo, Texas. The case has been closely watched by advocates for press freedom and by journalists within CBS, whose lawyers called Trump's lawsuit "completely without merit" and promised to vigorously fight it after it was filed. In early February, "60 Minutes" released a full, unedited transcript of the interview. Under the settlement reached with help of a mediator, Paramount agreed that "60 Minutes" will release transcripts of future interviews of presidential candidates, "subject to redactions as required for legal and national security concerns," CBS News cited the statement as saying. Trump, who did not agree to be interviewed by "60 Minutes" during the campaign, protested editing where Harris is seen giving two different answers to a question by the show's Bill Whitaker in separate clips aired on "60 Minutes" and "Face the Nation" earlier in the day. CBS said each reply came within Harris' long-winded answer to Whitaker, but was edited to be more succinct. The president's lawyer, Edward Andrew Paltzik, said that caused confusion and "mental anguish," misleading voters and causing them to pay less attention to Trump and his Truth Social platform. Paramount and controlling shareholder Shari Redstone were seeking the settlement with Trump, whose administration must approve the company's proposed merger with Skydance Media. CBS News President and CEO Wendy McMahon and "60 Minutes" executive producerBill Owens, who both opposed a settlement, have resigned in recent weeks. TheFreedom of the Press Foundation, a media advocacy group that says it is a Paramount shareholder, has said that it would file a lawsuit in protest if a settlement was reached. In December, ABC Newssettled a defamation lawsuitby Trump over statements made by anchor George Stephanopoulos, agreeing to pay $15 million toward Trump's presidential library rather than engage in a public fight. Metareportedly paid $25 millionto settle Trump's lawsuit against the company over its decision to suspend his social media accounts following the Jan. 6, 2021, riot at the U.S. Capitol.

Paramount to pay $16 million in settlement with Trump over '60 Minutes' interview

Paramount to pay $16 million in settlement with Trump over '60 Minutes' interview In a case seen as a challenge to free speech,Param...

 

VS POLITICS © 2015 | Distributed By My Blogger Themes | Designed By Templateism.com