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Putin threatens UK with new ballistic missile as Ukraine war escalatesAn end to the COVID-19-era government subsidies that some Americans have used to purchase health insurance. Limits to food stamps, including for women and children, and other safety net programs. Rollbacks to Biden-era green energy programs. Mass deportations . Government job cuts to "drain the swamp." Having won the election and sweeping to power, Republicans are planning an ambitious 100-day agenda with President-elect Donald Trump in the White House and GOP lawmakers in a congressional majority to accomplish their policy goals . Atop the list is the plan to renew some $4 trillion in expiring GOP tax cuts, a signature domestic achievement of Trump's first term and an issue that may define his return to the White House. "What we're focused on right now is being ready, Day 1," said House Majority Leader Steve Scalise, R-La., after meeting recently with GOP colleagues to map out the road ahead. The policies emerging will revive long-running debates about America's priorities, its gaping income inequities and the proper size and scope of its government, especially in the face of mounting federal deficits now approaching $2 trillion a year. The discussions will test whether Trump and his Republican allies can achieve the kinds of real-world outcomes wanted, needed or supported when voters gave the party control of Congress and the White House. "The past is really prologue here," said Lindsay Owens, executive director of the Groundwork Collaborative, recalling the 2017 tax debate. Trump's first term became defined by those tax cuts, which were approved by Republicans in Congress and signed into law only after their initial campaign promise to "repeal and replace" Democratic President Barack Obama's health care law sputtered, failing with the famous thumbs-down vote by then-Sen. John McCain, R-Ariz. The GOP majority in Congress quickly pivoted to tax cuts, assembling and approving the multitrillion-dollar package by year's end. In the time since Trump signed those cuts into law, the big benefits have accrued to higher-income households. The top 1 percent — those making nearly $1 million and above — received about a $60,000 income tax cut, while those with lower incomes got as little as a few hundred dollars, according to the Tax Policy Center and other groups. Some people ended up paying about the same. "The big economic story in the U.S. is soaring income inequality," said Owens. "And that is actually, interestingly, a tax story." In preparation for Trump's return, Republicans in Congress have been meeting privately for months and with the president-elect to go over proposals to extend and enhance those tax breaks, some of which would otherwise expire in 2025. That means keeping in place various tax brackets and a standardized deduction for individual earners, along with the existing rates for so-called pass-through entities such as law firms, doctors' offices or businesses that take their earnings as individual income. Typically, the price tag for the tax cuts would be prohibitive . The Congressional Budget Office estimates that keeping the expiring provisions in place would add some $4 trillion to deficits over a decade. Adding to that, Trump wants to include his own priorities in the tax package, including lowering the corporate rate, now at 21% from the 2017 law, to 15%, and doing away with individual taxes on tips and overtime pay. But Avik Roy, president of the Foundation for Research on Equal Opportunity, said blaming the tax cuts for the nation's income inequality is "just nonsense" because tax filers up and down the income ladder benefited. He instead points to other factors, including the Federal Reserve's historically low interest rates that enable borrowing, including for the wealthy, on the cheap. "Americans don't care if Elon Musk is rich," Roy said. "What they care about is, what are you doing to make their lives better?" Typically, lawmakers want the cost of a policy change to be offset by budget revenue or reductions elsewhere. But in this case, there's almost no agreed-upon revenue raisers or spending cuts in the annual $6 trillion budget that could cover such a whopping price tag. Instead, some Republicans have argued that the tax breaks will pay for themselves, with the trickle-down revenue from potential economic growth. Trump's tariffs floated this past week could provide another source of offsetting revenue. Some Republicans argue there's precedent for simply extending the tax cuts without offsetting the costs because they are not new changes but existing federal policy. "If you're just extending current law, we're not raising taxes or lowering taxes," said Sen. Mike Crapo, R-Idaho, the incoming chairman of the Senate Finance Committee, on Fox News. He said the criticism that tax cuts would add to the deficit is "ridiculous." There is a difference between taxes and spending, he said, "and we just have to get that message out to America." At the same time, the new Congress will also be considering spending reductions, particularly to food stamps and health care programs, goals long sought by conservatives as part of the annual appropriations process. One cut is almost certain to fall on the COVID-19-era subsidy that helps defray the cost of health insurance for people who buy their own policies via the Affordable Care Act exchange. The extra health care subsidies were extended through 2025 in Democratic President Joe Biden's Inflation Reduction Act, which also includes various green energy tax breaks that Republicans want to roll back. The House Democratic leader, Rep. Hakeem Jeffries of New York, scoffed at the Republican claim that they've won "some big, massive mandate" — when in fact, the House Democrats and Republicans essentially fought to a draw in the November election, with the GOP eking out a narrow majority. "This notion about some mandate to make massive, far-right extreme policy changes, it doesn't exist — it doesn't exist," Jeffries said. Republicans are planning to use a budgetary process, called reconciliation, that allows majority passage in Congress, essentially along party lines, without the threat of a filibuster in the Senate that can stall out a bill's advance unless 60 of the 100 senators agree. It's the same process Democrats have used when they had the power in Washington to approve the Inflation Reduction Act and Obama's health care law over GOP objections. Republicans have been here before with Trump and control of Congress, which is no guarantee they will be able to accomplish their goals, particularly in the face of resistance from Democrats. Still, House Speaker Mike Johnson, R-La., who has been working closely with Trump on the agenda, has promised a "breakneck" pace in the first 100 days "because we have a lot to fix."President-elect Donald Trump’s lawyers urge judge to toss his hush money conviction
Ebonyi State Government has denied reports published in some sections of the media, alluding that it spent a whooping N1.1 billion on wildlife conservation. The State Commissioner for Information and Orientation, Mr Jude Okpor, made this refusal in a Statement issued in Abakaliki. There were social media publications alleging that the state government allocated N1.1bn to wildlife conservation in nine months, which was reportedly less than the amounts spent on health and water provisions in its 2024 budget. Okpor clarified that the N1.1bn, was an amount allocated for a contingency item, coded under “margin for increase in cost and wildlife conservation” in the approved budget. “The publication is, to say the least, not well-researched and devoid of any iota of truth, the writer obviously failed to carry out adequate investigations necessary to authenticate his report” “Without bearing any grudge or prejudice against the author of the publication, but in full understanding of his ignorance, we wish to clarify as follows” “First, the amount N1.1bn recorded against wildlife conservation is an amount meant for a contingency item, which the approved budget has coded under margin for the increase and not wildlife conservation” “Secondly, we wish to clarify that the approved budget has a different template from the Quarterly Budget Implementation Report template” The Statement added, “It should also be clarified that projects and programmes recorded under contingency, are not initially envisaged but arise during budget implementation” “We therefore urge the general public, particularly those who may refer to such a document as advanced by the publication to be guided” “We are ready and well-disposed to making a copy of an extract from the state’s approved budget available to any interested member of the public for reference purposes.
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NoneMumbai: The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) has released the exam schedules for Maharashtra's Class 10 and 12 board exams in 2025. The Class 10 exams are slated to commence on February 21 and conclude on March 17, 2025. Similarly, the Class 12 board exams will be held from February 11 to March 11, 2025. Both the exams will be held in two shifts: first shift from 11 am to 2 pm and second shift from 3 pm to 6 pm. The number of students registered for the Maharashtra HSC exams (12th board) stands at 15,13,909, of them 7,60,046 are registered in science stream, 3,81,982 in arts, and the remaining 3,29,905 in commerce. For class 10 (SSC exams), the exams will start with the first language (Marathi, Hindi, Urdu, Gujarati, etc.) paper in the first shift and the second language (German and French) paper in the second shift on February 21. While Maths part-1 will be held on March 5, it’ll be followed by Maths part-2 on March 7. Science and Technology part-1 and part-2 papers will be held on March 10 and March 12 respectively, and the exams will culminate with Social Science paper-1 and paper-2 on March 15 and March 17 respectively. Some experts have welcomed the move of scheduling the exams “10 days ahead of the previous years”. “Since exams will begin 10 days in advance, naturally the results will also be declared 10 days prior to the previous years. So, those students who may fail in one or two or three subjects, they will get 10 extra days to prepare for the supplementary exams,” Mahendra Ganpule, the former president of the state’s headmasters association, told the Free Press Journal. It is worth noting that the revised State Curriculum Framework for School Education (SCF-SE) had in October proposed that even if students fail in class 10 Maths and Science papers, and they score between 20-33 (34 being the passing marks), can still take admissions in class 11 in streams that do not have these subjects in Class XI as part of the curriculum.
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McDonald's Corp. stock rises Tuesday, still underperforms marketProspera Financial Services Inc cut its holdings in shares of Invesco Preferred ETF ( NYSEARCA:PGX – Free Report ) by 2.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,710 shares of the company’s stock after selling 903 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco Preferred ETF were worth $466,000 as of its most recent SEC filing. Several other large investors have also made changes to their positions in PGX. Comerica Bank lifted its holdings in Invesco Preferred ETF by 28.3% in the 1st quarter. Comerica Bank now owns 177,530 shares of the company’s stock worth $2,109,000 after purchasing an additional 39,126 shares in the last quarter. CreativeOne Wealth LLC increased its holdings in shares of Invesco Preferred ETF by 91.1% in the first quarter. CreativeOne Wealth LLC now owns 19,485 shares of the company’s stock worth $232,000 after purchasing an additional 9,290 shares during the last quarter. Kades & Cheifetz LLC lifted its position in shares of Invesco Preferred ETF by 1.8% in the third quarter. Kades & Cheifetz LLC now owns 265,479 shares of the company’s stock worth $3,279,000 after buying an additional 4,649 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Invesco Preferred ETF by 3.6% during the 3rd quarter. Sound Income Strategies LLC now owns 437,945 shares of the company’s stock valued at $5,409,000 after acquiring an additional 15,151 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in Invesco Preferred ETF during the first quarter valued at $230,000. Invesco Preferred ETF Trading Up 0.1 % PGX opened at $11.95 on Friday. The stock has a 50-day moving average of $12.26 and a 200 day moving average of $11.90. Invesco Preferred ETF has a 12 month low of $10.91 and a 12 month high of $12.54. Invesco Preferred ETF Company Profile The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities. Recommended Stories Want to see what other hedge funds are holding PGX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Preferred ETF ( NYSEARCA:PGX – Free Report ). Receive News & Ratings for Invesco Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter .Singh won't support Conservative non-confidence motion that uses his own words OTTAWA — NDP Leader Jagmeet Singh says he won't play Conservative Leader Pierre Poilievre's games by voting to bring down the government on an upcoming non-confidence motion. David Baxter, The Canadian Press Dec 3, 2024 12:11 PM Dec 3, 2024 12:20 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message NDP leader Jagmeet Singh leaves the Prime Minister's office in the West Block after taking part in a meeting with Prime Minister Justin Trudeau and fellow opposition leaders on Parliament Hill in Ottawa on Tuesday, Dec. 3, 2024. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — NDP Leader Jagmeet Singh says he won't play Conservative Leader Pierre Poilievre's games by voting to bring down the government on an upcoming non-confidence motion. The Conservatives plan to introduce a motion that quotes Singh's own criticism of the Liberals, and asks the House of Commons to declare that it agrees with Singh and has no confidence in the government. The motion is expected to be introduced on Thursday and the debate and vote are set for Monday. Singh says he is not going to vote non-confidence and trigger an election when he believes Poilievre would cut programs the NDP fought for, like dental care and pharmacare. The non-confidence vote was scheduled after Speaker Greg Fergus intervened to pause a filibuster on a privilege debate about a green technology fund. The Conservatives have said they would only end that debate if the NDP agree to topple the government or if the Liberals turn over unredacted documents at the centre of the parliamentary gridlock. This report by The Canadian Press was first published Dec. 3, 2024. David Baxter, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National News Quebec doctors who refuse to stay in public system for 5 years face 200K fine per day Dec 3, 2024 1:16 PM Retail council calls for government intervention in Canada Post strike Dec 3, 2024 12:58 PM Terrorism suspect Mohamed Harkat a 'passive actor,' his lawyer tells judge Dec 3, 2024 12:33 PM Featured Flyer
FARGO — North Dakota State football got a late boost to its 2025 recruiting class. Omaha Central (NE.) defensive end Alijah Wayne announced his commitment to the Bison Sunday night. Wayne is 6-foot-4, 250 pounds, who had originally committed to South Dakota State back in June. Wayne announced last week that he de-committed from the Jackrabbits. Wayne was on-site at the Fargodome last week prior to NDSU’s win over Missouri State. "What sold it for me was how genuine the coaching staff and players were. On my official visit it felt like I was already apart of the team." Wayne said. "I felt welcomed, prioritized and throughout the weekend I kept envisioning myself being there, and being apart of this amazing program." Wayne earned an offer from Oregon State in September to go on top of offers from Air Force, Southern Illinois, SDSU and North Dakota. Rivals.com ranks Wayne as a three-star prospect. NDSU originally offered Wayne on May 15. Wayne added: "On my visit I could sense the relationship these coaches have with their players and I knew I wanted to be apart of that. NDSU also has a great program for sports management which is what I intend to major in. Overall NDSU doesn’t lack anything in what i’m looking for not only in the next four years but as well as the rest of my life." Wayne had 39 tackles, 3 for loss and one sack in eight games this season. He finished with 131 tackles and six sacks during his career. Omaha Central plays in the top class of Nebraska high school football, the Eagles season ended in the opening round of the playoffs to Papillion-La Vista. Wayne becomes the 31st commitment for the Bison Class of 2025 and the third from Nebraska. Thomas Roberts from Boone Central High School and Mikhale Ford from Lincoln East committed over the summer. Wayne plans to sign on Dec. 4 on National Signing Day.None
LOVE Island star Ciaran Davies has appeared to take another swipe at his ex girlfriend Nicole Samuel in the wake of their shock split. Ciaran Davies, who coupled up with Nicole Samuel in this summer 's series of Love Island , has posted a series of pictures from recent events which praised his new found single status. He told Instagram fans: "Just me living my best life in December." The post featured pictures from Christmas as well as him hanging out with Love Island alumni Sammy Roots, heading to the gym and attending a London movie premiere. This isn't the first time Ciaran has made a dig at Nicole or his single status, with the pair locked in what appears to be a public spat since their break up. Previously taking to TikTok Ciaran reposted a cryptic quote, which read: "The truth always comes out in the end, no matter how hard anyone tries to hide it or stop it. More on Love Island "Lies are just a temporary delay to the inevitable." Another TikTok post which didn't get missed by fans included another quote that Ciaran reposted, which read: "When IK [I know] they lying I just gotta see how stupid they think I am first." The first news of the couple's split came with a confirmation that Ciaran and Nicole had parted ways "on amicable terms" four months after leaving the villa. A representative for the pair told us: "Over the last couple of days Nicole and Ciaran have made the mutual decision to part ways. Most read in Celebrity "They have left the relationship on amicable terms, and will remain good friends going forward." Following the split Nicole quickly unfollowed Ciaran and deleted pictures of him from her social media, hinting that things were less than friendly between them after their split. It's also now confirmed that Ciaran is one of the stars taking part in the upcoming series of Celebs Go Dating . An insider said to us : "He's signed a big money , five figure deal to appear on the show next year. "Nicole isn't best pleased - it's the last thing she wants to see him dating on TV - but she knows it's his choice and will be good for his career."OTTAWA — NDP Leader Jagmeet Singh said he won’t play Conservative Leader Pierre Poilievre’s games by voting to bring down the government on an upcoming non-confidence motion. The Conservatives plan to introduce a motion that quotes Singh’s own criticism of the Liberals, and asks the House of Commons to declare that it agrees with Singh and has no confidence in the government. The motion is expected to be introduced on Thursday and the debate and vote are set for Monday. Singh said he is not going to trigger an election when he believes Poilievre would cut programs the NDP fought for. “I’m not going to be playing Pierre Poilievre’s games. I have no interest in that. We’re frankly not going to allow him to cut the things that people need. I want to actually have dental care expanded, I want people to actually start to benefit from the pharmacare legislation we passed,” Singh said. With the NDP’s expected support, the Liberals should survive this next confidence vote brought forward by the Conservatives. The Tories have vowed to bring forward non-confidence motions every chance they get. The party will have two more opposition motions after this one, which are expected to continue to call for non-confidence. The NDP are scheduled to have their opposition day on Friday. Earlier on Tuesday, Singh did acknowledge that the Conservatives have a sizeable lead on the NDP in public opinion polls, while giving a campaign-style speech to visiting party staffers from across the country. Most pollsters in Canada have recorded a roughly 20 point lead for the Conservatives over both the Liberals and NDP for the last few months. The non-confidence vote was scheduled after Speaker Greg Fergus intervened to pause a filibuster on a privilege debate about a green technology fund. The Conservatives have said they would only end that debate if the NDP agree to topple the government or if the Liberals turn over unredacted documents at the centre of the parliamentary gridlock. This report by The Canadian Press was first published Dec. 3, 2024. David Baxter, The Canadian PressIndia needs to address BD concerns for better ties:FA
Man Utd's Shaw 'devastated' at latest injury setback
Netumbo Nandi-Ndaitwah from Namibia’s ruling political party, SWAPO, has been elected as the country’s first female president. The official election results, announced on Tuesday, show her clear victory. At 72 years old, Nandi-Ndaitwah was previously the vice president. Her election continues SWAPO’s long-standing leadership, which began when the party helped Namibia gain independence from apartheid South Africa in 1990. She won approximately 57% of the valid votes, easily surpassing the 50% threshold needed to secure the presidency. After being declared the president-elect, Nandi-Ndaitwah emphasized that the Namibian people had voted for “peace and stability.” Her political journey is deeply rooted in Namibia’s fight for independence. She joined SWAPO in the 1960s during the struggle against colonial rule and has since held several important government positions, including serving as foreign minister in the democratic era. Read Also: Namibia Tourism Board targets U.S, China markets with strategic roadshows In the presidential race, her main opponent was Panduleni Itula from the Independent Patriots for Change (IPC) party, who received about 26% of the votes. Simultaneously, voters also elected members to the National Assembly. SWAPO maintained its majority, winning 51 out of 96 elected seats. The IPC secured 20 seats and will serve as the official opposition. However, the election was not without controversy. The IPC has announced plans to challenge the results in court, claiming the electoral process was “deeply flawed.” The November 27th vote experienced technical issues and ballot paper shortages, which led to extended voting in some areas. Political analysts had previously suggested that SWAPO’s victory was uncertain. The party faces growing public frustration over high unemployment and economic inequality. However, SWAPO maintains strong support, particularly in rural areas and among older voters who remember its role in the national liberation struggleLake Central baseball coach Mike Swartzentruber to be inducted into IHSCBA Hall of Fame
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