Trump ends Missouri Senate election with ERIC endorsement
Former President Donald Trump injected some last minute confusion ahead of Missouri's Senate primary on Tuesday by endorsing ERIC in a Monday night statement. Former President ... ... Former Missouri Gov. Eric Greitens? Or maybe even little-known Eric McElroy? I trust the Great People of Missouri to make up their minds, much as they did when they gave... ... Greitens. Greitens started to stumble after a series of radio and TV ads from political committees financed by GOP establishment figures who savaged the former governor for his sex scandal...
Updated: 08/02/2022
White House denies report that $700 billion climate and tax package will break Biden's pledge
... less than $200,000. will increase by $16.7 billion starting in 2023. The more the bill is analyzed by impartial experts, the more we see Democrats trying to sell the American people a bill of goods, said Sen. Mike Crapo of Idaho, the top Republican on the Senate Finance Committee Senate Finance Committee. The bill breaks a pledge that Biden made while campaigning for the White House in 2020, according to Republicans. During that campaign, Biden stressed that he would not raise taxes on individuals making less than $400,...
Updated: 08/01/2022
Democrats downplay inflation report that will cost most Americans higher taxes
... corporations must pay SOME corporate tax and the closure of an egregious loophole for some billionaire millionaire investors are the only tax increases in the Inflation Reduction Act. This is a way to cut energy and drug costs for regular Americans. The Senate Finance Committee Ranking Member Mike Crapo blasted the JCT's decision to raise taxes on Americans earning less than $400,000 a year. He said that's not what the JCT says. Thomas Barthold , chief of staff at the JCT, told FOX Business earlier Monday that the ...
Updated: 08/01/2022
Biden's inflation bill will raise taxes on most Americans under $400K
... pledge not to raise taxes on those making under $400,000 a year. The vast majority of Americans will pay more taxes as a result of Democrats' inflation bill despite President Biden 's pledge not to raise taxes on those making under $400,000 a year. Senate Finance Committee Ranking Member Mike Crapo, R-Idaho, said that the more the bill is analyzed by impartial experts, the more we see Democrats trying to sell the American people a bill of goods. Non-partisan analysts are saying that this bill raises taxes on the middle class and produces no meaningful deficit reduction ...
Updated: 08/01/2022
Sen. Brown asks Apple, Google, Alphabet to provide details on how to prevent fake apps
Senator Sherrod Brown D-Ohio sent letters to Tim Cook, CEO of Apple,... ... Google and Alphabet on July 28, asking for information about what the companies are doing to protect users from fraudulent apps. ... ... are trusted and secure. Brown , who is chairman of the Senate Committee on Banking , Housing , and Urban Affairs , asked for ... ... hearing on the role of digital assets in cybercrime and illicit finance. He chaired a hearing on the risks posed by stable coin ...
Updated: 07/28/2022
Merck reports better-than-expected q2 earnings, revenue beats forecasts
... Democrat, wrote a letter to Merck , saying the company had avoided billions of dollars in U.S. taxes owed by Keytruda sales in recent years by booking all the profits from treatment outside the United States. Prior to today, we received two letters from the Senate Finance Committee requesting answers to questions about our tax rate, and in each case we have cooperated and responded with information that we believe appropriately addressed their inquiries, said Merck in an emailed statement on Wednesday. In the quarter,...
Updated: 07/28/2022
Cambodia's parliament ratifies pact with China's Macao region
A photo taken on July 29th, 2020 shows the morning view of the Macao Peninsula in south China. XINHUA This is a legal instrument ... ... attract foreign direct investment to Cambodia through tax incentives. Chairman of the committee on economy, finance, banking and audit is a member of the parliament's committee on economy, finance... ... foreign direct investment to Cambodia through tax incentives. After a review by the senate , the pact will be submitted to Cambodian King Norodom Sihamoni for endorsement...
Updated: 07/28/2022
Fed walking tightrope, here's what to expect from the Fed
... up. Chairman Jerome Powell is adamant that the Fed is committed to restoring price stability and taming inflation. He explained that a soft landing would be very challenging, as he explained at Powell 's Semiannual Monetary Policy Report to the Senate Banking Committee . Inflation went up by 9.1% in the month of June, while consumer sentiment fell to 98.7, a key indicator of how individuals feel about their finances and economy. Hayes said that commodity prices should be considered a factor for the Fed to consider for any action moving forward. Commodities have soared in the past 2022. The CPI data showed a 7.2% increase in commodity prices over the past ...
Updated: 07/24/2022
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