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A European company has canceled plans to build blades for offshore wind turbines in coastal Virginia, the latest sign of struggle within the U.S.'s nascent industry. Dominion said its 176-turbine project will be the largest offshore wind farm under development in the U.S. The main appeal of offshore wind for supporters, including environmentalists and many state governments, is that it doesn't burn fossil fuels and therefore drive climate change. But opponents claim offshore wind is inherently unworkable without massive financial subsidies. But the costs of renewable energy — wind, solar, and other forms — have been declining, while becoming increasingly competitive, he said.
Persons: Siemens Gamesa, Joe Biden, Robert McNab, ” McNab, Organizations: Siemens, Dominion, U.S, Old Dominion University Locations: Virginia, Port of Virginia, Portsmouth, Spain, U.S, New Jersey, Massachusetts, Spanish, Connecticut, Virginia Beach, Europe, Norfolk , Virginia
An East Coast restaurant chain failed to pay minimum wages and overtime rates to some workers, the Labor Department says. The DOL said some restaurants paid set wages regardless of hours worked, which could reach 65 a week. Plaza Azteca has been ordered to pay $11.4 million back to more than 1,300 affected employees. AdvertisementAdvertisementA restaurant chain with dozens of locations on the East Coast has been ordered to pay $11.4 million back to more than 1,300 employees after a federal agency uncovered a series of apparent labor-law violations. AdvertisementAdvertisementThe consent judgment also included $625,000 in civil money penalties, which the DOL said was due to the "repeat and wilful nature of the violations."
Persons: DOL, Organizations: Labor Department, Plaza Azteca, Service, Department of Labor, Fair Labor Locations: East Coast, Mexican, Connecticut , Maryland , Massachusetts , New Jersey, North Carolina , Pennsylvania, Virginia
NEW YORK (AP) — The proportion of U.S. kindergartners exempted from school vaccination requirements has hit its highest level ever, 3%, U.S. health officials said Thursday. Political Cartoons View All 1237 ImagesAll states allow exemptions for children with medical conditions that prevents them from receiving certain vaccines. But the percentage with nonmedical exemptions has inched up, lifting the overall exemption rate from 1.6% in the 2011-2012 school year to 3% last year. Hawaii saw the largest jump, with the exemption rate rising to 6.4%, nearly double the year before. One apparent paradox in the report: The national vaccination rate held steady even as exemptions increased.
Persons: kindergarteners, it’s, hasn’t, , Sean O’Leary, , O’Leary, , Shannon Stokley Organizations: Centers for Disease Control, Prevention, University of Colorado, CDC, West, American Academy of Pediatrics, Health, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: COVID, Idaho, New York, Hawaii, Connecticut, Maine, U.S
Ray Dalio's Bridgewater spent nearly $1 million turning a coach bus into an employee limo, a new book says. In a statement, Bridgewater said the book's claims about the bus were "untrue or misleading." AdvertisementAdvertisementBridgewater Associates spent $1 million turning a coach bus into a limousine to shuttle employees around to after-work entertainment, according to a new book about Ray Dalio and his hedge fund. AdvertisementAdvertisementThe bus, internally called the "Rockstar Bus," transported employees from Bridgewater's Connecticut headquarters to bars, restaurants, and casinos, according to Copeland's book. AdvertisementAdvertisement"Four of the buses are standard coach commuter buses, and one of the buses was upfitted as a limousine bus.
Persons: Ray Dalio's Bridgewater, Rob Copeland's, Bridgewater, , Ray Dalio, Rob Copeland, Bridgewater's, Dalio Organizations: Bridgewater, Service, Bridgewater Associates, New York Times, Martin's Press Locations: Bridgewater, Bridgewater's Connecticut, Bridgewater's, New York City, Bridgewater's Westport
An Assicurazioni Generali SpA's logo is seen on a building of their offices in Saint-Denis, near Paris, France, February 27, 2018. REUTERS/Benoit Tessier/File photo Acquire Licensing RightsMILAN, Nov 8 (Reuters) - Italy's top insurer Assicurazioni Generali (GASI.MI) still has 500 million euros ($533.10 million) left for M&A deals, which will be returned to shareholders if not used for acquisitions, its Chief Executive Philippe Donnet said on Wednesday. In June, the insurer agreed to buy the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros, strengthening its property and casualty segment. I cannot say whether we will make another acquisition before the end of the plan. If we do not use this cash for an acquisition, we will return it to the shareholders", Donnet said.
Persons: Denis, Benoit Tessier, Assicurazioni, Philippe Donnet, Generali, Liberty Seguros, Donnet, Gianluca Semeraro, Gavin Jones Organizations: REUTERS, Liberty Mutual, Holdings, Liberty, Thomson Locations: Saint, Paris, France, Europe, Asia, United States, Connecticut
Bridgewater employees hired strippers so often that the firm adopted rules around them, a new book said. The book also said Bridgewater spent millions renovating a mansion frequented by founder Ray Dalio. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Stripper Policy at The Lookout," the rules read, according to the book. Guests could stay overnight at the Lookout, but the primary bedroom was almost always reserved for Dalio, according to the book.
Persons: Ray Dalio, , Rob Copeland's, Dalio, didn't Organizations: Bridgewater, Service, Bridgewater Associates, The New York Times, LinkedIn Locations: Connecticut, Bridgewater
Washington CNN —Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram, a company whistleblower told a Senate subcommittee on Tuesday. Meanwhile, both parties have united behind blaming Meta for contributing to a nationwide mental health crisis. Bejar’s research “is basically a smoking gun,” Haugen told CNN in an interview Tuesday. “Every day countless people inside and outside of Meta are working on how to help keep young people safe online,” said Meta spokesman Andy Stone in a statement. He said everyday Americans understand “the harm being done” and compared it to harms from smoking.
Persons: Washington CNN —, Mark Zuckerberg, Meta, Arturo Bejar, Bejar, Zuckerberg, Bejar’s, ” Bejar, Frances Haugen, Instagram, ” Haugen, , Sheryl Sandberg, , Andy Stone, Stone, Connecticut Democratic Sen, Richard Blumenthal ., Josh Hawley, Tennessee Republican Sen, Marsha Blackburn, Adam Mosseri, Sandberg, Chris Cox, Mosseri, ” Blackburn, Louisiana Republican Sen, John Kennedy, we’re, ” Meta, Blumenthal, Cox, Haugen, Hawley, ” Blumenthal, ” CNN’s Samantha Kelly Organizations: Washington CNN, Washington CNN — Meta’s, Facebook, Wall, Meta, CNN, Connecticut Democratic, Big Tech, Tennessee Republican, Louisiana Republican, Wall Street, “ Big Tech, Tobacco Locations: Connecticut, Richard Blumenthal . Missouri, Instagram
It's also developed high-tech kitchen equipment to speed up and simplify cooking. Prior to Wonder, Lore founded and sold e-commerce startup Jet.com to Walmart for $3.3 billion in 2016. Food-delivery company Wonder Group has gotten a cash infusion from Nestle , as the startup looks to sell high-tech kitchen equipment and prepared ingredients to businesses such as hotels, hospitals and sports arenas. Some of those companies may also want Wonder's kitchen equipment, Lore said. The partnership will start with Nestle making pizza and pasta tailored for Wonder's kitchen equipment, along with selling the kitchen equipment to clients.
Persons: Bobby Flay, José, It's, Lore, Marc Lore, Melissa Henshaw, that's, Wonder, Andrés, Michael Symon, Uber, DoorDash Organizations: Walmart, Amazon, Nestle, CNBC, Kroger, Foods Locations: New Jersey, New York, New York , New Jersey, Connecticut
Béjar points to user perception surveys that show, for instance, that 13% of Instagram users — ages 13-15 — reported having received unwanted sexual advances on the platform within the previous seven days. Béjar said he doesn’t believe the reforms he’s suggesting would significantly affect revenue or profits for Meta and its peers. Meta, in a statement, said “Every day countless people inside and outside of Meta are working on how to help keep young people safe online. Today's testimony comes just two weeks after dozens of U.S. states sued Meta for harming young people and contributing to the youth mental health crisis. The lawsuits, filed in state and federal courts, claim that Meta knowingly and deliberately designs features on Instagram and Facebook that addict children to its platforms.
Persons: Frances Haugen, Arturo Béjar, Mark Zuckerberg, , , , ” Béjar, Zuckerberg, Instagram, Béjar, Sen, Richard Blumenthal, Missouri Sen, Josh Hawley, , doesn’t, , Meta Organizations: Facebook, Wall Street, Meta, Associated Press, Connecticut Democrat, AP, Locations: Connecticut, Missouri
Connecticut Election Results
  + stars: | 2023-11-07 | by ( ) www.nytimes.com   time to read: 1 min
City of Bridgeport MayorResidents of Bridgeport, Conn., are voting in perhaps the most confusing election in the country. A judge tossed out the results of the Democratic mayoral primary, citing voting irregularities, but had no authority to postpone the general election. The Associated Press said it will tabulate vote totals in Tuesday’s Bridgeport mayoral race, but that it will not call a winner until legal issues surrounding the Democratic primary are resolved.
Organizations: Bridgeport Mayor Residents, Democratic, Associated Press, Bridgeport mayoral Locations: Bridgeport, Conn
CNN —Two powerful NASA telescopes have detected the oldest and most distant black hole ever found. “We needed Webb to find this remarkably distant galaxy and Chandra to find its supermassive black hole,” said lead study author Akos Bogdan, in a statement. Potential black hole theoryTypically, black holes located at the centers of galaxies only have about 0.1% the mass of the stars within their host galaxy. The unusual black hole could be an “Outsize Black Hole” that formed when a huge cloud of gas collapsed, as theorized in 2017 by Priyamvada Natarajan, a coauthor on both studies and the Joseph S. and Sophia S. Fruton professor of astronomy and professor of physics at Yale University in New Haven, Connecticut. “We think that this is the first detection of an ‘Outsize Black Hole’ and the best evidence yet obtained that some black holes form from massive clouds of gas,” Natarajan said.
Persons: Chandra, James Webb, Webb, , Akos Bogdan, , ” Bogdan, Abell, they’ve, Andy Goulding, Priyamvada Natarajan, Joseph S, Sophia S, ” Natarajan Organizations: CNN, NASA, Telescope, Harvard - Smithsonian Center for Astrophysics, Chandra, telltale, Princeton University, Yale University Locations: Cambridge , Massachusetts, New Jersey, New Haven , Connecticut
Biden is pouring $16.4 billion into passenger rail in the Northeast Regional corridor. AdvertisementAdvertisementPresident Joe Biden — a known proponent of Amtrak — wants trains to run faster and better. His administration is pouring $16.4 billion from the 2021 bipartisan infrastructure law into the Northeast Regional corridor to do just that. Meanwhile, 80% of Amtrak trains were on time in 2020 — and that fell to 74% by 2022. "We're all on our way to creating world-class passenger rail that benefits communities nationwide by making our rail systems safer, more efficient, and more convenient," Landrieu said.
Persons: Biden, , Joe Biden —, Mitch Landrieu, Transportation Pete Buttigieg, Bill Flynn, Marc Molinaro, Landrieu Organizations: Service, Amtrak —, White, Penn, Transportation, Federal Railroad Administration, Amtrak, European Union, Northeast Corridor Commission, NEC, Infrastructure Investment, Jobs Act, Republicans, New, New York Republican, Republican Locations: Boston, Washington, Baltimore, New York's, Connecticut, Metro, New York, Bronx, Manhattan, , Northeast, West, Hudson
WASHINGTON (AP) — The most-watched races in Tuesday’s off-year general election have all been dominated by the ongoing debate over abortion rights. Here's a look at three major races and how abortion has shaped each contest. Andy Beshear seeks a second term in a heavily Republican state Donald Trump carried twice. Ohio constitutional amendment on abortionOhio voters will decide whether to amend the state Constitution to protect access to abortion services. The date for the new primary has not been set but will take place after Tuesday’s general election.
Persons: Wade, Here's, Andy Beshear, Donald Trump, Daniel Cameron, Beshear, Cameron, Steve Beshear, Matt Bevin, Mitch McConnell, , Tate Reeves, Democrat Brandon Presley, Elvis Presley, Presley outraised Reeves, Reeves, Carolyn Carluccio, Daniel McCaffery, Gabe Amo, Republican Gerry Leonard, David Cicilline, Cicilline, Democrat Patrick Kennedy, Sylvester Turner, Sheila Jackson Lee, Sen, John Whitmire, Kimberly Mata, Rubio, Cody Smith, Veronica Martinez, Joe Ganim, Tuesday’s, Richard Dziekan, Gino DiGiovanni, Yusef Salaam Organizations: WASHINGTON, Supreme, Roe, Kentucky, Democratic Gov, GOP, U.S, Trump, Black Republican, Reconstruction, Associated Press, Republican Gov, Democrat, Republicans, Pennsylvania, Court, Rhode, Rhode Island U.S . House, Republican, Democratic U.S . Rep, Mayors, U.S . Rep, Robb Elementary School, Democratic, Capitol Locations: Tuesday’s, Kentucky, Ohio, Virginia, U.S, Kentucky , Ohio, Mississippi, Rhode Island, Houston, Uvalde , Texas, Bridgeport , Connecticut, Derby , Connecticut, New York
Biden, meanwhile, is absorbing brutal new polls showing him losing to GOP front-runner Trump in multiple key swing states. If the New York Times/Siena College survey is borne out in 2024, there would be no electoral path to victory for Biden. Biden supporters argue that his critics and media narratives set by the president’s low polls badly miss the most salient point that will define the 2024 election. Because this is a civil trial, Trump has no criminal liability. But the judge has already ruled that Trump, his adult sons and the Trump Organization committed “persistent and repeated” fraud.
Persons: Donald Trump, Joe Biden’s, Trump, Biden, , , ” Democratic Sen, Richard Blumenthal, CNN’s Dana, “ It’s, ” David Axelrod, Barack Obama, Axelrod, Vladimir Putin, Trump’s, Letitia James, James, Temidayo Aganga, Williams, “ We’ve, we’ve, ” Aganga, CNN’s Kaitlan Collins, Jack Smith, ” Biden, Spencer Weiss, scoffed, “ MAGA Republicans ’, Blumenthal, Pramila Jayapal, Jen Psaki Organizations: CNN, Republican, GOP, New York Times, ” Democratic, Connecticut, Trump, Twitter, Biden, Trump Organization, New York, Democrats, The New York Times, Siena College, Democratic, The Times, “ MAGA Republicans, Sunday, Congressional Progressive Caucus, Israel, MSNBC Locations: New York, Siena, “ State, Ukraine, Russian, Washington, Fulton County , Georgia, Florida, America, Nevada, Georgia, Arizona, In Michigan, Pennsylvania, Gaza, Arab
Cigna is working with an investment bank to evaluate options for its Medicare Advantage business, which could fetch several billions of dollars in a potential divestment, the sources said. Cigna's Medicare Advantage business generated 4.4% of the company's $179.4 billion in revenue from external customers in 2022. Cigna also said profit margins in Medicare Advantage in 2023 continue to be below its long-term target of 4% to 5%, which it expected to remain the case in 2024. Cigna has said it expects changes to the government's star rating system, which informs some of the reimbursement decisions, will lead to a decrease in the rating of its Medicare Advantage business in payment-year 2024. Cigna said in September it would pay about $172 million to settle charges from U.S. prosecutors that it overcharged the Medicare Advantage program by making patients appear more ill than they actually were.
Persons: Andrew Kelly, Cigna, Goldman Sachs, David Carnevali, Bill Berkrot Organizations: REUTERS, Cigna, Reuters, Medicare, U.S . Centers, Services, U.S . Department of Health, Human Services, Thomson Locations: Queens , New York City, U.S, HealthSpring, Bloomfield , Connecticut, New York
Trump, leading the field for his party's 2024 nomination as he seeks to regain the presidency, leads in Arizona, Georgia, Michigan, Nevada and Pennsylvania, with Biden ahead in Wisconsin, the polls showed. Biden defeated Trump in all six states in the 2020 election. Trump now leads by an average of 48% to 44% in the six states, the polls showed. THE TAKEWhile polls assessing the national popular vote have consistently showed Biden and Trump in a close race, presidential elections typically are decided by the outcomes in a handful of so-called swing states. Biden's victories in Arizona, Georgia, Michigan, Pennsylvania and Wisconsin - all swing states that Trump carried in 2016 - were instrumental in his 2020 victory.
Persons: Joe Biden, Donald Trump, Morry Gash, Biden, Trump, BIDEN, Gallup, Obama, Kevin Munoz, Barack Obama's, Republican Mitt Romney, Munoz, MAGA, We'll, Richard Blumenthal, Blumenthal, Jarrett Renshaw, Heather Timmons, Will Dunham Organizations: Democratic, Belmont University, REUTERS Acquire, New York Times, Siena College, Trump, Biden, Republican, CNN, Thomson Locations: Nashville , Tennessee, U.S, Arizona , Georgia, Michigan, Nevada, Pennsylvania, Wisconsin, Democratic U.S, Connecticut
In total, the cancellations equate to nearly one-fifth of President Joe Biden’s goal of 30 gigawatts of offshore wind power by 2030. Despite the setbacks, offshore wind continues to move forward, the White House said, citing recent investments by New York state and approval by the Interior Department of the nation’s largest planned offshore wind farm in Virginia. Hardy spoke at the American Clean Power industry group’s offshore wind conference in Boston last month on a panel with Morris. Phil Murphy, has established increasingly stringent clean energy goals, moving from 100% clean energy by 2050 to 100% by 2035. “Offshore wind is a lot bigger than Ørsted.”The first U.S. commercial-scale offshore wind farms are currently under construction: Vineyard Wind off Massachusetts and South Fork Wind off Rhode Island and New York.
Persons: jeopardizing, Ørsted, Joe Biden’s, Biden, Timothy Fox, , Molly Morris, David Hardy, Hardy, Morris, “ We’re, , Walt Musial, Musial, Conor Bambrick, Phil Murphy, Murphy, Catherine Klinger, Catherine Bowes, ″ Bowes, Michael Brown, ” ___ McDermott Organizations: WASHINGTON, Biden, Interior Department, Interior’s Bureau of Ocean Energy Management, Industry, ClearView Energy Partners, Ørsted, American Clean, National Renewable Energy Laboratory, Energy Department, P, Environmental, ., Democratic Gov, New, U.S, Offshore, Ocean, ___, AP Locations: New Jersey, U.S, Danish, New England, Massachusetts, Connecticut, New York, Virginia, Interior’s, Gulf of Mexico, East Coast, Washington, Norwegian, Jersey, United States, Boston, Europe, Virginia Beach, Rhode Island, . New Jersey, Rhode, North America, Providence , Rhode Island, Hill, Albany , New York, Catalini, Trenton , New Jersey
An IDF attack on a refugee camp this week, which killed dozens, caused alarm in Washington. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Biden, in particular, "didn't like this at all," one person told CNN, referencing the attack on the refugee camp. While still defending Israel's right to defend itself, Blinken said that right does not mean anything the IDF does is acceptable. "I share Israel's desire to destroy the threat from Hamas," Sen. Chris Murphy, a liberal Democrat from Connecticut, said this week.
Persons: Joe Biden, , Biden, Israel, Israel —, Hamas's, aren't, Antony Blinken, Blinken, Benjamin Netanyahu, imploring, that's, Sen, Dick Durbin, apologism, Chris Murphy, Netanyahu Organizations: Israel, IDF, Service, Hamas, United Nations, Israel Defense Forces, UN, CNN, Israeli Locations: Israel, Palestinian, Washington, States, Gaza, United States, imploring Israel, Illinois, Connecticut
The world's biggest offshore wind farm company on Tuesday said it would cease all development on the Ocean Wind projects even as it moves forward with developments off neighboring New York, triggering an angry response from New Jersey Governor Phil Murphy. "People did not anticipate (Orsted) backing out of Ocean Wind," said Timothy Fox, VP at research firm ClearView Energy Partners. Nipper told analysts that unlike Ocean Wind, Orsted is still pursuing Sunrise for several reasons, including the fact that the company has already lined up a vessel to build it. Under the most accelerated proposal, the New York State Energy Research & Development Authority said it could release the next offshore wind request for proposals in late November or early December. The Ocean Wind cancellation was the latest setback for the nascent U.S. offshore wind industry in recent months, which U.S. President Joe Biden and several states have counted on to fight global warming.
Persons: Phil Murphy, Timothy Fox, Mads Nipper, Nipper, Orsted, Joe Biden, Murphy, Scott DiSavino, Jarrett Renshaw, Nichola Groom, Bill Berkrot Organizations: ClearView Energy Partners, Sunrise, New York State Energy Research, Development Authority, Analysts, BP, U.S, Thomson Locations: New Jersey, New York, U.S, Massachusetts, Connecticut, Culver City , California
Nov 3(Reuters) - Information Technolgy Consultant Gartner Inc (IT.N) beat third-quarter results estimates on Friday and nudged up its annual earnings forecast, as it benefits from stable demand for its research and consulting services. The Stamford, Connecticut-based company also upgraded its annual earnings forecast and now expects revenue of $5.89 billion, up from its prior forecast of $5.85 billion. Gartner expects adjusted earnings for the year to be $10.9 per share, up 90 cents per share from its previous projection. The company's core research business saw a nearly 6% jump in revenue to $1.22 billion for the quarter ended Sept. 30. Gartner earned $2.56 per share on an adjusted basis in the three months ended Sept. 30, beating analyst estimates of $1.96 per share.
Persons: Gartner, Juby Babu, Tasim Zahid Organizations: Gartner Inc, Gartner, PayPal, Comcast, Revenue, Thomson Locations: Stamford , Connecticut, Bengaluru
Republican presidential candidate and former U.S. President Donald Trump salutes during the national anthem at a campaign rally in Houston, Texas., U.S. November 2, 2023. REUTERS/Callaghan O'Hare Acquire Licensing RightsNov 3 (Reuters) - Former President Donald Trump on Thursday referred to people imprisoned for the Jan. 6, 2021, attack on the U.S. Capitol as "hostages," during a campaign rally, his latest move to embrace his supporters involved in the riot. At the beginning of the event, Trump stood saluting as a song by men who were incarcerated for their role in the attack was played. It features Trump reciting the Pledge of Allegiance and the imprisoned men singing "The Star-Spangled Banner," the national anthem of the United States. Trump has promoted the song before, but his use of the word "hostage" marks his latest effort to portray people involved in the attack as martyrs.
Persons: Donald Trump, Callaghan O'Hare, Trump, Joe Biden, Nathan Layne, Susan Heavey, Scott Malone, Alistair Bell Organizations: REUTERS, U.S, Capitol, Democratic, Republican, Thomson Locations: Houston , Texas, Houston, United States, Wilton , Connecticut, Washington
Law enforcement officials came across a staggering find after being tipped off about possible drug-dealing: dozens of dog-food-size bags of psychedelic mushrooms worth an estimated $8.5 million at a home in rural Connecticut. About 20 other states have active legislation on changing laws on psychedelic drugs, according to Psychedelic Alpha, a group that tracks such legislation. Contact information for him could not be found in public records, and court records did not list a lawyer for him. Two years later, Colorado voters passed a ballot measure to decriminalize psychedelic mushrooms and to create state-regulated centers where participants can experience the drug under supervision. Gavin Newsom vetoed a bill that would have decriminalized the possession and personal use of several hallucinogens, including psychedelic mushrooms, saying the state first needed regulated guidelines.
Persons: , Gavin Newsom Organizations: Alpha, Authorities, Burlington, State, Food and Drug Administration Locations: Connecticut, Burlington, Hartford, U.S, Federal, New Britain, Oregon, Colorado, California
Chris Murphy and Dick Durbin's comments come after an Israeli airstrike hit a Gaza refugee camp. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe lawmakers' comments appear to be prompted in part by a Tuesday airstrike launched by Israel's military that devastated a refugee camp in Gaza. The Israel Defense Forces (IDF) claimed credit for the strike on the Jabaliya refugee camp in northern Gaza. In his Thursday statement, Murphy reaffirmed Israel's "right and obligation" to defend itself from terror attacks.
Persons: Israel, Chris Murphy, Dick Durbin's, Durbin, , Sen, Murphy, Israel — “, , F3RV5c0hrJ, Andrew Desiderio, Dick Durbin of, Joe Biden, Israel's Organizations: Service, Connecticut Democrat, Foreign Relations, Dick Durbin of Illinois, Senate, Tuesday, Israel Defense Forces, IDF, Hamas Locations: Gaza, Israel, Connecticut
House Passes Aid Package to Israel With IRS Cuts
  + stars: | 2023-11-02 | by ( Kaia Hubbard | Nov. | At P.M. | ) www.usnews.com   time to read: +2 min
The House narrowly approved an aid package for Israel on Thursday – a vote that ordinarily would have been an easy bipartisan victory but one complicated by Democrats’ accusation of a political “poison pill” in the GOP’s attempt to offset the new spending with cuts to the IRS. Democrats largely opposed the $14.3 billion aid package, acknowledging that while they support aid for Israel, the mechanism for providing it, along with the lack of funding in other areas, made it a nonstarter. “What the House Republicans have done is unprecedented and will mean any aid to Israel will be delayed,” Rep. Rosa DeLauro, Connecticut Democrat, said ahead of the vote. “This is the first time we have conditioned aid to Israel. Nevertheless, Speaker Mike Johnson forged ahead with the vote, seeming to dare Democrats to oppose the aid package.
Persons: Rosa DeLauro, Chuck Schumer, Mike Johnson, ” Johnson, we’re, that’s, Organizations: Israel, White, Democrat, Republicans, , Connecticut Democrat, Democrats –, Office, Senate Locations: Gaza, Ukraine, Israel, Connecticut
Depending on your repayment plan and loan terms, your monthly student loan payment may not have much to do with your remaining balance. Accordingly, the states where borrowers have the highest monthly payments aren't inherently the states where borrowers owe the most overall. Student loan borrowers in Maryland have the highest median monthly payment at $232, according to a recent WalletHub study. On the other hand, high incomes generally lead to higher monthly payments on IDR plans, which could help explain why monthly payments are higher in certain states. Maryland has highest median household income of any state at $108,200 a year, according to Census Bureau data.
Persons: WalletHub, Jim Cramer, Ben McKenzie, Farnoosh Organizations: New York Fed, Maryland, CNBC Locations: Maryland, Georgia, Washington ,, WalletHub, Vermont, Hawaii, Massachusetts, Hampshire, Connecticut, Jersey, York, Virginia, Colorado, Carolina, Oregon, Pennsylvania, Michigan, Alabama
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