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Trump made a lot of tax promises. Can he keep them?
  + stars: | 2024-11-16 | by ( Tami Luhby | ) edition.cnn.com   time to read: +7 min
Although Trump claims that his plan to raise tariffs will replace the revenue lost to these tax breaks, experts say that’s not possible. President-elect Donald Trump's tax proposals could cost trillions of dollars. In addition to eliminating taxes on certain income, Trump also floated making interest paid on car loans fully tax deductible; getting rid of the controversial cap on state and local tax deductions; ending the double taxation on Americans who live abroad; exempting police officers, firefighters, veterans and active-duty military from federal income tax; and even exploring jettisoning the federal income tax itself. Though his campaign didn’t release details on the proposal, Trump indicated that he would eliminate both federal income taxes and payroll taxes, which fund Social Security and Medicare. Virtually all tipped workers would get some tax relief if Trump also gets rid of payroll taxes on tips, the Tax Policy Center found.
Persons: Donald Trump, ” Karoline Leavitt, Trump, Marc Gerson, Miller, , Gerson, Donald Trump's, Jabin, Idaho Sen, Mike Crapo, Mandi Critchfield, Spokespeople, Jason Smith, Chris Campbell, ” Campbell, Republican Sen, Ted Cruz of, Byron Donalds, “ Sen, Brendan Duke Organizations: CNN, Social Security, Trump, GOP, , Fox News, Capitol, Washington D.C, Republicans, Washington Post, Getty, Senate, Missouri Rep, Republican, Incamera Solutions, Yale University, Center, Rep, Center for American Progress Locations: Washington, Idaho, Nevada, Ted Cruz of Texas, Florida
Here are seven ways a Trump administration could affect your personal finances. During Trump’s first term, the 2017 Tax Cuts and Jobs Act temporarily expanded the child tax credit from $1,000 to $2,000. “He will deliver.”TaxesThe Trump administration is expected to focus on extending tax cuts introduced by the Tax Cuts and Jobs Act that are set to expire in 2025. The Trump administration wants to “promote choice and competition” and make health care more affordable, according to his policy platform. The Trump administration will likely cut red tape to encourage business and real estate developments.
Persons: Donald Trump, he’d, Trump, JD Vance, Maria Castillo Dominguez, , Karoline Leavitt, Vance, , ” Leavitt, Alan Auerbach, Social Security Trump, Biden, Berkeley’s Auerbach, Joe Biden’s, ” Auerbach, “ They’re, , Trump’s, Auerbach, Sarah Lueck, ” Trump Organizations: CNN, Social Security, Jobs, Valoria Wealth Management, Trump, Urban, Brookings Tax, Tax, UC Berkeley, Center, enrollees, Republicans, Public, Consumer, National Retail Federation, Health, Republican, Center for Budget, Medicare, it’s, Housing
This weekend brings a high-stakes game to Atlanta, and we'll make sure you know where to watch Tennessee vs. Georgia at home. What channel is Tennessee vs. Georgia on? Tennessee vs. Georgia airs on ABC in the US. Where to watch Tennessee vs. Georgia in the USThere are a few live streaming options for those without access to ABC through traditional cable or antenna means. Check price at ExpressVPNHow to watch Tennessee vs. Georgia with a VPNSign up for a VPN if you don't have one.
Persons: They're, we've, There's, It's, ExpressVPN Organizations: Business, FBS, Atlanta, Tennessee, Ole Miss, Georgia, Bulldogs, SEC, College Football, ABC, ESPN Plus, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, ESPN ESPN, DirecTV, Subscribers, DirecTV Stream, College Locations: Georgia, Tennessee
We had no income tax, and all we had was tariffs.”That’s why some Wall Street titans are trying to push for Bessent. Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, said Lutnick doesn’t have the composition to lead the Treasury. “Scott Bessent is eminently more qualified than Howard Lutnick to run the U.S. Treasury,” Bass posted on X Wednesday. A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago. A key Cabinet player, the Treasury secretary advises the president on economic and fiscal matters, including spending and taxes.
Persons: Donald Trump, Elon Musk, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent, ” Musk, , Bessent, , Kyle Bass, Lutnick doesn’t, “ Scott Bessent, ” Bass, “ Scott, I’ve, Bass, Dan Loeb, Scott Lincicome, Lutnick, , Cheney, Lutnick —, Dick Cheney’s, George W, Tennessee Sen, Bill Hagerty, Larry Kudlow, Kudlow, Steven Mnuchin, Mnuchin Organizations: CNN, Trump, , Wall, Fox News, titans, Hayman Capital Management, Treasury, U.S . Treasury, Cato Institute, Federal Reserve, Peterson Institute for International Economics, National Economic Council, America, Policy Institute, Fox Business, Bessent, Mar, Republicans, Treasury Department Locations: America, United States
“Italian Guy No. 2, so that I could have a friend to hang out with in Italy…”Ambika didn’t really expect Italian Guy No. Italian Guy No. And that’s how, a couple of weeks later, Ambika found herself cooking pasta at the Neapolitan home of Italian Guy No. And as Ambika fell slightly in love with Naples, she also fell all the more in love with Marco.
Persons: Ambika Mathur, Emily, Ambika, , Emily flit, Emily ”, she’d, , Guy No, ” Ambika, Italian Guy No, Italy …, Ambika didn’t, hadn’t, Italian Guy, Guy, Marco Di Fiore —, ” Marco, Marco, Ambika Mathur's, Marco Di Fiore, “ Marco, Riva superyacht, Brigitte Bardot’s, ’ ”, Ambika Ambika, Conca dei Marini, Amalfi, , Marco’s, ‘ Marco, , Ambika’s, it’s, Michelangelo, Marco —, Ambika can’t, I’m, he’s, ” “, It’s Organizations: CNN, Netflix, CNN Travel, Italian, LAX, Porsche, Marco, Locations: Paris, California, Los Angeles, Milan, Italy, Amalfi Coast, Italian, Naples, Amalfi, Neapolitan, It’s, Borgo, Posillipo, Napoli, Conca, Salerno, Rome, United States, Malibu, Beverly Hills, Orange County, SoCal, LA, San Diego, , Southern California, Praiano, Amafi, Massa Lubrense, Sorrento, , India
WASHINGTON — When President Joe Biden relinquishes power in January, some parts of his legacy will be secure, while others may be undone by President-elect Donald Trump and a new Republican-controlled Congress. The pieces of Biden’s legacy go into four buckets. But it will be difficult for Trump to undo bipartisan legislation, such as measures about infrastructure and preventing gun violence, and the judges Biden appointed can’t be unseated. Biden’s immigration orders are ripe for Trump to target after he ran on a platform of mass deportations and clamping down on border security. Bipartisan Biden-era bills (largely safe)The parts of Biden’s legacy that will be relatively safe are the bipartisan laws he passed, which are subject to filibusters and therefore give Democrats the power to protect them.
Persons: WASHINGTON, Joe Biden relinquishes, Donald Trump, Trump, Biden, can’t, they've, Roe, Wade, Sen, Kevin Cramer, ” Cramer, Kamala Harris, Thom Tillis, they’ve, ” Sen, Shelley Moore Capito, Tommy Tuberville, , , Ben Cline, John Thune, they’ll, Angus King, It's, ” King, Ketanji Brown Jackson Organizations: Republican, Trump, Democrats, NBC News, GOP, Biden, American, Finance Committee, Public, Republicans, Postal Service, Democratic Locations: U.S, South Dakota, Maine, Pennsylvania
Mortgage rates were forecast to go down in 2025. Expectations of higher inflation and more government debt under Trump have helped mortgage rates rise in recent weeks. Why mortgage rates rose ahead of the election — and are still high nowMortgage rates went down a lot in September, with 30-year rates dropping near 6%, according to Freddie Mac. How Trump's policies could lead to higher mortgage ratesZhao says that right now it's "nearly impossible" to predict where mortgage rates will go in 2025. More supply would help moderate home price growth, improving affordability even if mortgage rates remain high.
Persons: Donald Trump's, Trump's, , Freddie Mac, they're, Chen Zhao, Melissa Cohn, Trump, Zhao, Kamala Harris, Cohn Organizations: Trump, Service, Bond, William, Mortgage, Analytics
Increasing your physical activity levels could extend your life by several years, a new study has found. skynesher/E+/Getty ImagesMany studies have examined the connections between physical activity and longevity. The activity levels in that study were measured with accelerometers — wearable activity-tracking devices. Total activity levels in the lowest quartile were equivalent to walking for 49 minutes at roughly 3 miles (4.8 kilometers) per hour daily. Total activity levels in the second-, third- and fourth-highest quartiles were equivalent to 78, 105 and 160 minutes, respectively.
Persons: , , Lennert Veerman, Veerman, ” Veerman, Andrew Freeman, wasn’t, Freeman, hasn’t, Peter Katzmarzyk, Katzmarzyk wasn’t, ” Katzmarzyk Organizations: CNN’s, CNN, British, of Sports Medicine, School of Medicine, Dentistry, Griffith University, National Health, National Center for Health Statistics, Jewish Health, Louisiana State, Pennington Biomedical Research, World Health Organization Locations: USA, Australia, Denver, United States, Europe
CNN —The Philadelphia Eagles scored three fourth-quarter touchdowns, including two by star running back Saquon Barkley, to pull away and defeat the Washington Commanders 26-18 on Thursday night at Lincoln Financial Field. Washington opened the scoring in the first quarter with rookie quarterback Jayden Daniels orchestrating a four-play, 58-yard drive to put the Commanders ahead 7-0. It’s not about who’s tougher, but who is tougher longer.’”The turning point in the game came in the fourth quarter. Trailing 12-10, with the Commanders facing a fourth-and-two in field goal range, Washington elected to go for a first down. It was huge because we went down and made it a two-score game.”Zack Baun and Reed Blankenship of the Eagles stop Daniels on the key fourth-down run during the fourth quarter.
Persons: Saquon Barkley, Barkley, Jayden Daniels, Daniels, Austin Ekeler, Brian Robinson, Jalen, Quan Martin, Nick Sirianni, It’s, ” Sirianni, “ Jayden Daniels, ” Zack Baun, Reed Blankenship, Mitchell Leff, Zach Ertz Organizations: CNN, Philadelphia Eagles, Washington, Lincoln Financial, Eagles, NFC East . Washington, Los Angeles Rams, Cowboys Locations: Washington, Dallas
AdvertisementNATO scrambled jets to respond to Russian aircraft "not adhering to international norms" this week. Italy's air force intercepted a Russian Coot-A aircraft over the Baltic Sea, NATO Air Command said. Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, it added. Norwegian F-35s were called into action on Tuesday as NATO scrambled jets in response to Russian aircraft "not adhering to international norms," NATO's Air Command said in a post on X.Italy's air force intercepted a Russian Coot-A plane flying over the Baltic Sea, while the Norwegian F-35s identified multiple Russian aircraft off the coast of Norway, NATO Air Command said. In July, Russian fighter jets scrambled to intercept two US Air Force B-52H bombers approaching Russia's border, the Russian Ministry of Defense said at the time.
Persons: Henrik Omtvedt Jenssen, Jenssen, Lockheed Martin Organizations: NATO, NATO Air Command, Command, Norwegian Armed Forces, NRK, Russian, Royal Air Force, British Ministry of Defence, BBC, Typhoons, US Air Force, Russian Ministry of Defense, Lockheed, Kongsberg Defence, Aerospace Locations: Russian, Baltic, Norwegian, Norway, Russia, State, Kongsberg
Given the sheer volume of enemy drones, helicopters have joined the counter-drone fight. In Ukraine and Israel, helicopters of all kinds are hunting down drones. In Ukraine, a huge country compared to Israel, helicopters are a means to shield its airspace against large drone salvos. Advertisement"Given the Russian Shaheds' slow and low flight pattern, rotary aircraft can easily chase and destroy them," Borsari said. Modifications of this kind could make helicopters more effective drone hunters in the future, supplementing other ground- and air-based systems.
Persons: , It's, Israel's, it's, Nicholas Heras, Samuel Bendett, Federico Borsari, Borsari, Paul Iddon Organizations: Service, Iran, New Lines Institute, Center for Naval, Center for, Helicopters, Royal Navy Wildcat Locations: Ukraine, Israel, Washington ,, Ukrainian, Lebanon, Syria
ST. PETERSBURG, Fla. — The Tampa Bay Rays will play their 2025 home games at the New York Yankees’ nearby spring training ballpark amid uncertainty about the future of hurricane-damaged Tropicana Field, Rays executives said on Thursday. “It is singularly the best opportunity for our fans to experience 81 games of major league Rays baseball,” Sternberg said. “As difficult as it is to get any of these stadiums up to major league standards, it was the least difficult. Once known as Legends Field, Steinbrenner Field opened in 1996 on Tampa’s north side. The Tampa Tarpons, one of the Yankees minor league teams, play their home games at Steinbrenner Field during the summer.
Persons: Stuart Sternberg, Steinbrenner, it’s, ” Sternberg, Rob Manfred, George M, Brian Spurlock, ” Manfred, Hurricane Milton, Brian Auld, ” Auld, , George Steinbrenner, Hal Steinbrenner, Sternberg, , ” Hal Steinbrenner, Milton, Organizations: Tampa Bay Rays, New York Yankees, Tropicana, Rays, Major League Baseball, ” Baseball, Getty, League Baseball’s, Hurricane, Historic Gas Plant, American League East, Yankee, Tampa, MLB, Colorado Rockies, Yankees, Steinbrenner, Hurricanes Locations: PETERSBURG, Fla, , Tampa, Florida, Tampa Bay, Tampa , Fla, St . Petersburg, Bronx, Tampa’s
A Princeton and Harvard grad, Hegseth was CEO of the conservative veteran’s advocacy organization, Concerned Veterans for America, beginning in 2006. He has 20 years’ experience in the military, having served in the Army National Guard as an infantry officer from 2002 to 2021 and leaving service as a major, according to military service records. He also worked as a guard at the US military base at Guantanamo Bay, Cuba, from June 2004 to April 2005. Hegseth has been awarded two Bronze Stars from his combat service. In one June interview on Fox, Hegseth bemoaned the state of the US military’s procurement system and the threat posed by China’s growing military.
Persons: Donald Trump’s, Pete Hegseth, Hegseth, CQ Brown, , “ Fox, , Trump, ” John Noonan, ‘ You’ve, Hugh Hewitt, , they’re, Shawn Ryan, you’ve, ” Hegseth, Brown, Staff —, shouldn’t, Obama, Ben Shapiro, America Allison Jaslow —, who’ve, ” Jaslow, , Biden, neocon, Hegseth –, neocon ”, he’s, , they’ve, Vladimir Putin’s “, Ryan, King, warcrimes, Matthew Golsteyn, Clint Lorance –, Eddie Gallagher, Mark Esper, Gallagher, Golsteyn, Lorance, Jaslow, Tim Parlatore, “ Everyone’s, ” CNN’s Oren Liebermann Organizations: CNN, Fox News, Joint Chiefs, Army National Guard, Star, Pentagon, Trump, Princeton, Harvard grad, Veterans, Republican, Defense Department, Armed, Navy, of Defense, Staff, Air Force, Army Ranger School, Army Special Forces, Naval, Warfare Command, Afghanistan Veterans, Ranger School, Defense, Iraq, Fox, United, “ Fox, , warcrimes CNN, United States Senate Locations: China, Ukraine, America, Iraq, Afghanistan, Guantanamo Bay, Cuba, Washington, United States, Washington ,, Trump, Europe, Poland
Inflows are on track to hit the $1 trillion milestone by year-end, as the election acts as a new catalyst, the firm found. ETFs have seen inflows of more than $58 billion since Election Day, according to State Street Global Advisors. State Street's popular SPDR S & P 500 ETF Trust (SPY) has seen more than $12 billion of new money, since the Nov. 5 election. ETF flavors garnering notable flows The ETFs that track indexes have seen the biggest dollar inflows. State Street said its SPDR Galaxy Digital Asset Ecosystem ETF (DECO) has seen inflows increase by 26% since Election Day.
Persons: Todd Rosenbluth, Donald Trump's, Ryan McCormack, McCormack, Anna Paglia, Rosenbluth Organizations: Street Global Advisors, Trust, Trump, Mining
DirecTV said it plans to abandon its Dish merger
  + stars: | 2024-11-13 | by ( ) edition.cnn.com   time to read: +1 min
Reuters —Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange. “A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson told Reuters in an emailed statement. “Given the outcome of the EchoStar exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight on Nov. 22.”EchoStar and Dish did not immediately respond to Reuters requests for comment. As part of the two-step transaction, DirecTV was to pay $1 to buy the pay TV business called Dish DBS that includes Dish and Sling TV, while agreeing to assume about $9.75 billion of Dish’s debt. Dish and DirecTV launched an exchange offer at a discounted rate for the debt to help extend the maturities.
Persons: , , Charlie Ergen Organizations: Reuters — Satellite, DirecTV, Dish, Reuters, DBS
Republicans will keep control of the House of Representatives, NBC News projected Wednesday. Going into the election, House Republicans aimed to expand their razor-thin majority of 220 seats, compared to the 212 held by Democrats. That threadbare GOP majority gave Democrats high hopes to flip the chamber. Despite the massive fundraising effort, Democrats failed to gain the 218 seats needed for control of the House. In Pennsylvania's 8th Congressional District, Republican Rob Bresnahan unseated incumbent Democratic Rep. Matt Cartwright, and in the state's 7th District, Republican Ryan Mackenzie defeated incumbent Democratic Rep. Susan Wild, two particularly competitive races.
Persons: Mike Johnson, Donald Trump, Kamala Harris, Amy Walter, Republican Rob Bresnahan, Matt Cartwright, Republican Ryan Mackenzie, Susan Wild, Tom Barret, Elissa Slotkin, Trump, Barack Obama's Organizations: Republican National Convention, Republicans, Representatives, NBC News, Republican, GOP, Senate, Democrats, NBC, Congressional District, Democratic, Michigan Senate Locations: Milwaukee , Wisconsin, state's, Michigan
Clark’s golf balls had 22 emblazoned on them – her now famous jersey number. While the pair played nine holes together, Clark said she was unable to soak up any of Korda’s golfing skills. “I’ve watched and she’s been amazing but golf’s hard, hard to replicate that fast but she’s been incredible,” Clark told the broadcast. Definitely a fun morning.”While Clark has been working on her golf game in the offseason, her attention will soon be back on basketball. Clark told the broadcast she has been focusing on fine-tuning her skills on the court but she is also working on getting stronger off the court ahead of her sophomore season.
Persons: Caitlin Clark, Clark, ANNIKA Pro, Annika Sörenstam, Nelly Korda, , Douglas P, It’s, ” Clark, ” Korda, “ I’ve, she’s Organizations: CNN — Basketball, Pelican, Indiana Fever, Indiana, Clark Locations: Swedish, Belleair , Florida, Gainbridge
The report adds to some other examples of hateful rhetoric spreading after Trump’s victory. Gender played a central role in this year’s election as Vice President Kamala Harris’ presidential campaign emphasized reproductive rights. Even before his election, Trump and his supporters had targeted Harris with misogynistic comments throughout her campaign. On platforms like TikTok, women posted about the misogynistic comments they had received parroting Fuentes’ remarks, with many also rebuking the sentiment. A TikTok spokesperson confirmed that phrases like “your body, my choice” violates community guidelines, except for instances of counterspeech.
Persons: Donald Trump, Nick Fuentes —, , Fuentes, , Isabelle Frances, Wright, Kamala Harris ’, Trump, Harris —, Joe Biden, Harris, Donald Trump’s, ” Fuentes ’, parroting Fuentes ’ Organizations: Strategic, Institute for Strategic, Institute, Strategic Dialogue’s, Black, FBI, NBC, Elon Musk’s America PAC, Communist, Trump Locations: London
A call from Israel’s ultranationalist finance minister to use Donald Trump’s election win as an opportunity to annex parts of the occupied West Bank has drawn international condemnation and fueled fears about the U.S. ally’s plans. Bezalel Smotrich said Monday that “the time has come” to extend Israeli sovereignty over settlements in the area — land recognized by the international community as belonging to Palestinians in their quest for a future state. The Israeli minister welcomed the president-elect’s victory and said that he would seek Trump's support for the move. Discussions on plans to annex parts of the West Bank were held between Israel and Washington during Trump’s first term, and Smotrich said that he would push his government to engage with the incoming administration to gain support. Smotrich added that he would seek international recognition for sovereignty over the West Bank, but his announcement quickly drew global condemnation.
Persons: Donald Trump’s, Bezalel Smotrich, , God’s, Trump, , Trump’s, Smotrich, Biden, Steffen Seibert Organizations: West Bank, State Department, Israel Locations: Israel, Judea, Samaria, Washington, United States
The Pentagon’s latest public report on China’s military modernization, released in October 2023, noted a naval version of the Z-20 was under development. The exhibition showcases the latest in Chinese military aviation, some seen for the first time in public. He said he expected the Z-20 to soon become the standard naval and anti-submarine helicopter, given its ability to land on ships ranging from corvettes and destroyers to aircraft carriers. Tuesday’s display followed state media reports in May that the Z-20 now had an assault capability and that anti-submarine versions were being developed. In its latest annual assessment of international military deployments, the London-based International Institute for Strategic Studies notes that China has fielded 15 Z-20 helicopters for search and rescue work.
Persons: Hector Retamal, Navy’s, Collin Koh, , Koh, Lockheed Martin, Organizations: U.S . UH, Pentagon, People’s Liberation Army, Getty, PLAN, Rajaratnam, of International Studies, Professional Journal, U.S, Sikorsky Aircraft, Lockheed, Institute for Strategic Studies Locations: HONG KONG, Zhuhai, China, AFP, Singapore, Beijing, Taiwan, London
Satellite images and Chinese documents point to work on a nuclear-powered aircraft carrier. AdvertisementResearchers say they found evidence that China has built a prototype nuclear reactor to power a large warship, like an aircraft carrier. "They know that this is the hallmark of technology for propulsion on aircraft carriers." AdvertisementThe first American nuclear-powered aircraft carrier was USS Enterprise, commissioned in 1961. Pu Haiyang/Xinhua via Getty ImagesA nuclear-powered aircraft carrier would extend China's naval reach.
Persons: , Matthew Funaoile, Funaoile, it'll Organizations: Service, Middlebury Institute of International Studies, Planet Labs PBC, Business, Associated Press, China Ship Research, Design Center, AP, Middlebury Institute of International, China, China Power, Center for Strategic, International Studies, USS Enterprise, Nimitz, Ford, Getty Locations: China, California, Leshan, Mucheng, Sichuan province, Sichuan, Fujian, American, Liaoning, Shandong, Soviet, South, Taiwan, Xinhua
CNN —The Miami Dolphins snapped their three-game losing streak on Monday night, defeating the Los Angeles Rams 23-15 at SoFi Stadium in Inglewood, California. Entering Monday night’s game, the Dolphins had been 0-2 since Tagovailoa’s return, losing both games on last-second field goals. Miami Dolphins linebacker Quinton Bell forces Los Angeles Rams quarterback Matthew Stafford to fumble the ball during the first half of the game. Marcio Jose Sanchez/APDuring Monday’s game, Miami’s defense held the Matthew Stafford-led Rams out of the endzone all night, sacking the quarterback four times. “To create a wildfire all it takes is one spark,” said Miami defensive lineman Calais Campbell about ending the losing streak.
Persons: Malik Washington, Tyreek Hill, Tua Tagovailoa, Jason Sanders, , ” Tagovailoa, “ We’ve, Tagovailoa, Quinton Bell, Matthew Stafford, Marcio Jose Sanchez, ” Stafford, Joshua Karty, , Calais Campbell Organizations: CNN, Miami Dolphins, Los Angeles Rams, SoFi, NFL, Dolphins, Rams, , Buffalo Bills, Miami, AFC East, Los Angeles, Las Vegas Raiders, Patriots Locations: Inglewood , California, Miami, Los, New England
"In 2025, Trump's influence on Congressional Republicans will be stronger but his margin in the House will be in the single digits (down from 47 in 2017). … The narrow House majority will complicate the passage of any tax bill in 2025," he said. Mills said the GOP is expected to use the budget reconciliation process to pass any of President-elect Trump's tax proposals. That measure, known as the Tax Cuts and Jobs Act , ultimately passed and went into effect in 2018. Wolfe Research analyst Tobin Marcus also thinks passing a tax bill is a "complex challenge" with such narrow majorities across the House and the Senate.
Persons: Raymond James, Donald Trump, Ed Mills, Mills, Trump's, Tobin Marcus, Marcus Organizations: Democrats, NBC News, Republican Party, Congressional, GOP, Republicans, Act, IRA, Wolfe Research, Senate Locations: Washington
Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.
Persons: Donald Trump's, , Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China
In an instant, the impacts of her state’s restrictive laws on abortion care became clear: Had Bell been bleeding from a car accident or a burst appendix, doctors could help her right away. But because she was having a miscarriage in a hospital in Georgia, surgery had to wait. Several others restrict it to certain points in pregnancy, including Georgia, which limits abortion to the first six weeks of pregnancy. Bell’s pregnancy was at 18 weeks — too early for her fetus to survive outside the womb but well past Georgia’s limit. Doctors told Bell she’d have to wait, unless her condition grew worse: Georgia makes people wait 24 hours before they can have an abortion except in medical emergencies.
Persons: Avery Davis Bell, Bell, Dobbs, , Bell she’d, Avery Davis Bell Bell, , ” Bell, , ’ ” Bell, Brian Kemp, It’s, , Julian, he’d, , Bell’s, “ She’s, Avery Davis, “ It’s, CNN’s, Dr, Sarah Prager, Prager, we’re, There’s, hasn’t, Sanjay Gupta, What’s Organizations: CNN, Emory University Hospital, Republican Gov, , Gender Equity, US Centers for Disease Control, Commonwealth Fund, Harvard University, MIT, ” Emory University, Emory Healthcare, American College of Obstetricians, CNN Health Locations: Georgia, Boston, Atlanta, ” But Georgia, Texas, Emory, we’re
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