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ResMed Inc. stock falls Monday, underperforms marketWASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling , as early as January 14, in a letter sent to congressional leaders Friday afternoon. "Treasury expects to hit the statutory debt ceiling between January 14 and January 23," she wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures would be used to prevent the government from breaching the nation's debt ceiling — which was suspended until Jan. 1, 2025. The department in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating. Once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. "I respectfully urge Congress to act to protect the full faith and credit of the United States," Yellen said. The news came after Democratic President Joe Biden signed a bill into law last week that averted a government shutdown but did not include Republican President-elect Donald Trump’s core debt demand to raise or suspend the nation’s debt limit. Congress approved the bill only after a fierce internal debate among Republicans over how to handle Trump's demand. “Anything else is a betrayal of our country,” Trump said in a statement. After a protracted debate in the summer of 2023 over how to fund the government, policymakers crafted the Fiscal Responsibility Act, which included suspending the nation's $31.4 trillion borrowing authority until Jan. 1, 2025. Notably however, Yellen said, on Jan. 2 the debt is projected to temporarily decrease due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments. As a result, “Treasury does not expect that it will be necessary to start taking extraordinary measures on January 2 to prevent the United States from defaulting on its obligations," she said. The federal debt stands at about $36 trillion — after ballooning across both Republican and Democratic administrations. The spike in inflation after the COVID-19 pandemic pushed up government borrowing costs such that debt service next year will exceed spending on national security. Republicans, who will have full control of the White House, House and Senate in the new year, have big plans to extend Trump's 2017 tax cuts and other priorities but are debating over how to pay for them.

“The air traffic control tower, the departure lounge — just a few metres from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said on the social media platform X. He added that he and UN colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave,” he said. UN spokesperson Stephanie Tremblay later said the injured person was with the UN Humanitarian Air Service. Our mission to negotiate the release of @UN staff detainees and to assess the health and humanitarian situation in #Yemen concluded today. We continue to call for the detainees' immediate release. As we were about to board our flight from Sana’a, about two hours ago, the airport... pic.twitter.com/riZayWHkvf — Tedros Adhanom Ghebreyesus (@DrTedros) December 26, 2024 Israel’s army later told The Associated Press it was not aware that the WHO chief was at the location in Yemen. The Israeli strikes followed several days of Houthi launches setting off sirens in Israel. The Israeli military in a statement said it attacked infrastructure used by the Iran-backed Houthis at the international airport in Sanaa and ports in Hodeida, Al-Salif and Ras Qantib, along with power stations, asserting they were used to smuggle in Iranian weapons and for the entry of senior Iranian officials. Israel’s military added it had “capabilities to strike very far from Israel’s territory — precisely, powerfully, and repetitively”. The strikes, carried out over 1,000 miles from Jerusalem, came a day after Prime Minister Benjamin Netanyahu said “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned” as his military has battled those more powerful proxies of Iran. The Houthi-controlled satellite channel al-Masirah reported multiple deaths and showed broken windows, collapsed ceilings and a bloodstained floor and vehicle. Iran’s foreign ministry condemned the strikes. The US military has also targeted the Houthis in recent days. The UN has said the targeted ports are important entry points for humanitarian aid for Yemen, the poorest Arab nation that plunged into a civil war in 2014. Over the weekend, 16 people were wounded when a Houthi missile hit a playground in the Israeli city of Tel Aviv, while other missiles and drones have been shot down. Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor in what it says is an act of solidarity with Palestinians in Gaza. The UN Security Council has an emergency meeting on Monday in response to an Israeli request that it condemn the Houthi attacks and Iran for supplying them with weapons.ST. LOUIS COUNTY — The prosecuting attorney here said Thursday he was again seeking the removal of a St. Louis County councilman and also pointed to what he described as a government cover-up that included possible grand jury leaks and illegal document tampering. Councilman Dennis Hancock, from Fenton, not only violated nepotism laws by hiring his stepdaughter, Hollie Galati, but he also worked with other government employees to retroactively save his own job, St. Louis County Prosecuting Attorney Wesley Bell said. Bell, at a press conference Thursday morning, released evidence his office has collected that he said supports the county’s effort to oust Hancock, including birth and marriage certificates, a property deed, emails, social media posts, county payroll records and other government documents. The prosecutor also provided a recording made in August of a phone call between Hancock and County Counselor Dana Redwing, the attorney for county government. In the conversation, Redwing tells Hancock that he had forfeited his office by hiring his stepdaughter, a violation of the Missouri Constitution’s prohibition against nepotism. Hancock, a former mayor, said “no one made (him) aware” of the rule. He then asked Redwing if he could rectify the matter by having Galati resign. Redwing told him no, that wasn’t option. “Councilman Hancock can step down and do the honorable thing,” Bell said Thursday. “If not, we are filing our quo warranto and according to the law, he should be removed immediately during this process.” His office filed the action later Thursday. Hancock’s lawyer, Kimberley Mathis, said on Thursday afternoon that she had not received information regarding any legal steps being taken against Hancock or a lawsuit against him. "I have heard from many reporters that there have been press releases and press conferences, but nothing actually filed in court," she said. The filing represents the second time Bell has attempted to oust Hancock over the nepotism violation. In August, he went to court to bar Hancock from participating in any official activity or exercising any authority until the nepotism case could be heard by a judge. After pressure on the judge for a swift ruling, though, Bell’s office dropped the filing in mid-November. Bell, who was elected last month to Congress, is expected to resign as prosecutor on Jan. 2. A dispute about Bell’s successor is currently in the courts. County Executive Sam Page, a Bell ally, asserts he has the authority to name an interim prosecutor; the state contends the governor names Bell’s replacement. A judge last week ruled for the state , but Page has said he plans to appeal. "Until I step down, I am the elected county prosecutor," Bell said Thursday. "There are one of two people who are going to be taking my role, both of which I have a lot of confidence in." Galati’s employment began on Aug. 19, with a salary of $51,888 per year and additional benefits, documents released Thursday show. After Hancock realized her hiring was in violation of nepotism laws, Bell says Hancock worked with St. Louis County Clerk Diann Valenti to alter the already-filed employment documents to show that she did not accept the job. Bell said Valenti changed the status in the system from “new hire” to “rejected” in the county’s ticketing and personal system, and asked another government employee to change fields in the personnel electronic ticketing employee action data page and messaging system. Valenti was also accused of requesting a screenshot of the data system reflecting that Galati was never employed at St Louis County. Bell said Valenti gave those screenshots to Hancock. He then forwarded the screenshots to a lobbyist who publicly distributed them. “I want to say this to not only our St. Louis County public, but also members of the media: you were lied to,” Bell said during Thursday’s press conference. “You were given false information. You were given a false narrative that that the Miss Galati was not hired. I saw the interviews, I saw the statements made by certain public officials that this did not happen, that the paperwork was never processed, when, in fact, it was.” Jane Dueker, a police union lobbyist, swiftly took to social media and identified herself as the lobbyist. “This record was not falsified,” she wrote. “Ms. Valenti is included in the workflow as the person who signs off employment. Ms. Galati told St. Louis County and Ms. Valenti she didn’t want to be employed or be paid. Upon that and upon being told employment could potentially violate the law, Ms. Valenti properly did her job and rejected the employment.” Valenti was indicted by a grand jury last week on forgery and other charges. Her attorney, Joe Hogan, told the Post-Dispatch he expected Bell’s successor to dismiss the case. Bell argued that Hancock’s removal was necessary “to prevent further misconduct and retaliation.” He told reporters he anticipates more charges to be filed in connection to the cover-up. “We started seeing evidence of information that was being leaked prior to us even announcing it,” Bell said. “For example, prior to a true bill even being approved by the grand jury. This information was being leaked, and that means that there’s a potential that someone in our office or in county government was doing that.”

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Last year, when Hamas attacked Israel many herald it, almost all TV talk shows in our neighborhood, a moment of arrival for Palestine. At the close of the year, it is a huge catastrophe for humanity, loss of lives, blood and destruction. The global political landscape is filled with vulnerabilities and uncertainties, more than ever. Trump’s triumph is also read as a ray of hope for peace and stability. For, he has won against the calculations of the American establishment. The economic distress worldwide with technological divide has created a new hierarchical system. It is being feared a global phenomenon, ‘new caste system’, hierarchical in nature. Those who have access to latest technologies with sufficient flow of money shall survive anywhere, irrespective of the established nature of stratification. The world is now in smart sites with smart technologies and smart houses with data store of health runners and mobility directives. The advanced countries have more such pockets, where as the rest of world despite a huge chunk of population live with little significance. With uncontrollable boundaries, there would be increased surveillance, more on migrants and with renewal rise of cult-cultural populism. That would defy civil social movements, instead, would generate political strife on identity lines to make civil politics skeptic. It would be a shift from privacy and personal choice to new social, economic and cultural choices based on digital data world with cynicism and trust deficit. The intelligence agencies would have more counter international shadowing. The rapid transformation of technology with AI becoming a reality has gone ahead of human rational chase. The global transformation has occurred in virtual sphere so intensely that indiscernible is to be believed. Science and faith, both are politically engaged. It has given rise to cult politics, where the powerful individual is out from the rest how so much he or she is a product of the rational institution. It has made youth radicalized and repulsive to feel concerned for social making. The secular parties and ideologies are at defensive. What is happening is that the structures are colliding. Once private, religion has become public and politically accepted. This is where cult politics becomes distinct to party politics, a post truth. Human Rights stand is contested and reconciliation is presumed weakness. Crushing the opposition, how so ever legitimate, is justified sagacious assertion, fetching ranking in discourse media. The Iranian Revolution of 1979, which resulted in a major realignment of Middle Eastern politics. Its fissures with the revolution in electronic technology and social media boom spread out in fractured movements, countering one another in a multicultural global world. Its counter movement within the region was socially engineered that too went across the borders. The western world could not save itself once it went out of control, the taste of asymmetrical extremism. Its manifestation was September 11 attacks in US. This led to the war against regimes. Arab Spring apparently advocated as the hailing movement for bringing down decades old dictatorships, proved germinating seeds for the ruin of Middle East. Tunisia, Libya, Egypt, Yemen, Bahrain, and Syria all were plunged into civil wars. Democracy as it turned out, unfolded an arena, where Turkish Muslims, Christian religious Right in America and Hindu nationalists in India could express freely and would compete for power. The electronic networks and digital world transcend the boundaries in moments to spread the religiously inspired messages and opinions with a sense of competing. Primordial history has at least plank for conversation to untie the current vulnerabilities. Technology clubs faith to swim together in the virtual world, where power elites little think about humankind. Post-Modernity and religious historicity have blended to generate political consciousness of identity politics, which seems rational to talk about. This has political ramifications in an economically and technologically divided world. Hardly did any newspaper or even state apparatus predict such a radical change in Middle East and in our next-door neighborhood, Bangladesh. West Asia is fragmented, its pocket countries have emerged business locales and transit staying. Arab, Iran and Turkey, all positioned to its individual power elite interests. The European countries have lost their vigor, its common glue; NATO is day and night ridiculed by U.S, for its archaic rationale. Russia is regaining its place and China is set to take new turn. The close of 2024 has brought to the threshold, where its ruinous landscape is in search for new sites. South Asia is in waiting list after Iran’s apprehensions. Israel has come to a position to dictate to new Middle Eastern order of its choice. Taliban once a strategic asset for Pakistan has become liability; Pakistan jets have bombarded four locations of TTP inside Afghanistan. Pakistan is far from its political stability amidst its slow economic recovery. This has lessons for us as well. The political elites should not take India’s stability for granted. Its strength despite hideous noises is its pluralism and blended traditions of mutual intergroup dependency. RSS Chief, Mohan Bhagwat’s statement of December 19, 2024 is a ray of hope to give direction to the ruling elite how digging primordiaism is self defeating. Interfaith accommodation and its vibrant pluralism is the unique strength of Indian society. The National Movement with this capital could give course to the early leadership for sustained democratic journeying of the nation. India perhaps is the only country which has flourishing parliamentary democracy among all post colonial independent countries, imagine! It has to be valued. The present cannot be taken without context. That context is to be understood with introspection. India is diverse, plural and social cultural varieties are blended in the civilization cord. Dialogue and reconciliation have space in these pluralities, which has provided moral plank for give and take, culturally and socially accepted. Accepting institutional ruling elite by the opposition and respecting the opposition is the essence of democracy. Crushing it generates fascism, which in the long run nourishes the seeds of civil strife. We witness it around us in our neighborhoods. Hurting, domestic violence, increased use of drugs, mental stresses with rapid changes affects poor and vulnerable most. Give poor and vulnerable hope to live with dignity. Trusteeship with civil institutions needs to be strengthened. That is the message of 2024. Prof Ashok Kaul, Retired Emeritus Professor of Sociology at Banaras Hindu UniversityMorden goalie earns spot with WHL’s Silvertips

Janet Yellen tells Congress US could hit debt limit in mid-JanuaryWill Trump take Christopher Rufo’s conservative Florida vision nationwide?

Seahawks have taken a bumpy path to first place in the NFC WestBy Kemberley Washington, CPA, Bankrate.com (TNS) As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. When it comes to tax strategies, generally Dec. 31 is the deadline to make changes that might lower your tax bill. One major exception is the deadline for contributing to a Roth or traditional IRA : You have until April 15, 2025, to make a contribution to a Roth or traditional IRA for tax year 2024. If you qualify for deductible IRA contributions , then a contribution to your traditional IRA can reduce your taxable income for 2024. Here are tips and strategies to prepare now for the 2025 tax-filing deadline. 1. Decide who will prepare your taxes If you had significant changes in your life in 2024 — maybe you got married or divorced, started your own business, or had to claim unemployment benefits — your taxes may be more complicated. As a result, you might need to hire a certified public accountant (CPA), enrolled agent (EA) or other tax professional to prepare and file your taxes. If you decide to hire someone, it’s best to start planning for that sooner rather than later. Waiting until the calendar flips to April could cost you. The average fee for a professional to prepare and file a simple Form 1040 tax return, with no itemized deductions, is about $220, according to a survey by the National Society of Accountants in 2020-2021, the most recent data available. But that amount rises quickly for more complex returns, and varies depending on where you live. For example, a Form 1040 with itemized deductions costs an average of $432 in states on the Pacific Coast, compared with $285 in New England. No matter where you live, prices usually rise as the tax deadline approaches, so it’s smart to start searching for a tax pro soon. 2. Find ways to file for free If you’re uncomfortable doing your taxes on your own and can’t afford a CPA, enrolled agent or other tax pro, or to pay for tax software , there are free options to consider. The IRS currently offers three ways to prepare your taxes for free: •With the IRS Free File program, the IRS partners with for-profit tax-software companies that offer free tax-prep software to eligible taxpayers so they can file their federal tax returns for free. Some taxpayers may also qualify for a free state tax filing, depending on the software provider. In January, the IRS will announce the income limit to qualify for the program for the 2025 tax season (for filing 2024 tax returns). For the 2024 tax season (2023 tax returns), taxpayers’ adjusted gross income (AGI) couldn’t exceed $79,000. •The IRS also offers its Direct File program, a free tool that allows you to file your federal income tax return directly with the IRS at no cost. The program supports simple tax returns and is available only in certain states. Check to see if you qualify here. •Another free-filing option is the Volunteer Income Tax Assistance (VITA) program. IRS-certified volunteers offer free basic tax preparation in person to people who earn less than $67,000 a year, are disabled or whose English is limited. The IRS has an online location tool for hundreds of free tax preparation sites in the U.S. (the locator tool is updated from February through April). Some VITA sites also offer online tax-prep assistance. 3. Create an online IRS account Now is a good time to create an IRS online account. If you want to see your Form 1040 from last year, or you’re missing a prior year Form W-2 or mortgage interest statement, you can find your documents using this free tax tool. Another benefit of creating an IRS online account is that it allows you to quickly obtain your prior year’s tax information without sitting on the phone for hours with an IRS representative, says Carl Johnson, a certified public accountant in New Orleans. An IRS online account also lets you view your account balance and payment history for each year. You can also create a payment plan to settle your federal income tax debt within minutes. 4. Take your required minimum distributions (RMDs) If you’re 73 years old and have enjoyed watching your 401(k) or IRA grow tax-free without touching it, remember that the IRS is going to want its share each year. That means you’ll have to make withdrawals — and pay income tax. If you turned 73 in 2024, plan to take your required minimum distribution (RMD) at the latest by April 1, 2025. Read this IRS bulletin for more information. The amount of your RMDs is based on your age and the year-end values of your retirement accounts. 5. Think long-term: Consider converting an IRA to a Roth A Roth IRA has two big tax advantages over a traditional IRA : Qualified withdrawals are not considered income for federal (and usually state) tax purposes, and you don’t have to take distributions from a Roth every year once you reach age 73. Converting a traditional IRA to a Roth IRA may save you money in the long run. Just know that when you convert an IRA to a Roth, it’s considered taxable income, which will raise your tax bill for that year. Generally, it’s best to convert to a Roth IRA when you’re in a low-income year. 6. Protect yourself from tax scams and fraud As tax season approaches, many people start receiving phone calls, emails and texts from entities claiming to be the IRS. Be wary, and understand that these are scams. Typically, the IRS will mail you a notice before using any other method of communication to notify you concerning issues with your tax return. The IRS won’t reach out via social media or text messaging. Relatedly, the IRS warns taxpayers to be careful when choosing a tax preparer. Taking time to vet your tax preparer is crucial to protect yourself from tax scams and fraud. Before hiring a tax professional, search that person’s name in the IRS database of federal tax return preparers to avoid dishonest “professionals.” “Taxpayers should check the tax professional’s credentials,” Johnson says. Tax pros without credentials “may take questionable positions without any degree of scrutiny or fear of losing their access to the profession,” Johnson says. 7. Don’t ignore the IRS Taxpayers who don’t file a tax return and owe a tax bill, or who file but don’t pay their tax bill on time, risk severe penalties. The IRS can even seize assets if necessary. Respond quickly if the IRS has been sending you letters because it found an error on your return or claims you owe back taxes. Typically, the IRS will send you a notice if you have a balance due, changes were made to your tax return, or the agency needs additional information. “If you ignore a collection letter from the IRS, you may face wage garnishments, liens, bank levies, and other adverse action. And in some cases, the amount due may increase for failure to respond,” Johnson says. Keep in mind the IRS does offer installment plans and other payment plans. Make copies of your correspondence and use only the U.S. Postal Service, the postmark from which is your proof of timeliness when responding. But whatever you do, don’t ignore the IRS because this may cause more issues in the future. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.

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Iowa Sen. Joni Ernst pitches Elon Musk on $1 trillion in federal spending cuts