Data: OMB ; Chart: Erin Davis/Axios Visuals Senate Republicans are doubtful — and, in some cases, dismissive — of President Trump's proposal to give Americans $5,000 checks if Republicans keep control of Congress. Why it matters: Trump's proposal isn't dead on arrival. But Republicans aren't exactly lining up behind it either. - "I am withholding judgment on the bill until I see their list of pay-fors," Sen. John Kennedy (R-La.) said. "I don't support going and borrowing $1.2 trillion to be able to write the checks." - "I would need to see details on it," Sen. Ted Budd (R-N.C.) said. - Sen. Steve Daines (R-Mont.) said he wasn't sure about the mechanics of the proposal but that he's "also worrying about $40 trillion in debt." "You…
Data: OMB ; Chart: Erin Davis/Axios Visuals Senate Republicans are doubtful — and, in some cases, dismissive — of President Trump's proposal to give Americans $5,000 checks if Republicans keep control of Congress. Why it matters: Trump's proposal isn't dead on arrival. But Republicans aren't exactly lining up behind it either. - "I am withholding judgment on the bill until I see their list of pay-fors," Sen. John Kennedy (R-La.) said. "I don't support going and borrowing $1.2 trillion to be able to write the checks." - "I would need to see details on it," Sen. Ted Budd (R-N.C.) said. - Sen. Steve Daines (R-Mont.) said he wasn't sure about the mechanics of the proposal but that he's "also worrying about $40 trillion in debt." "You…Open
With the midterms around the corner, the affordability crisis could have major consequences for Republicans at the ballot box. Gas prices are surging and inflation is rising, but Trump says the economy is "the greatest" America has ever seen. But just in case, he's now promising to send every adult citizen in the country a check for $5,000 if Republicans hold the House and Senate. “It's meant to be a distraction,” says Rep. Jim McGovern. "It's going to cost like $1.3 trillion. I don't know where they're going to get the money from…they have screwed up this economy royally.”
Lawyers for Federal Reserve governor Lisa Cook have submitted their case for why she cannot legally be fired, as President Trump seeks new avenues for dismissing the Biden appointee for cause. The big picture: After the Supreme Court ruled against Trump's attempt to fire Cook last year over allegations that she claimed two different properties as her primary residence in mortgage documents, the White House has sought to introduce a more formal process in pursuit of the same goal. - It is a closely watched case that may determine the political independence of America's central bank, by setting how high the bar is for a president to fire Fed governors. Driving the news: Three weeks ago, the White House asked for her response to the…
Lawyers for Federal Reserve governor Lisa Cook have submitted their case for why she cannot legally be fired, as President Trump seeks new avenues for dismissing the Biden appointee for cause. The big picture: After the Supreme Court ruled against Trump's attempt to fire Cook last year over allegations that she claimed two different properties as her primary residence in mortgage documents, the White House has sought to introduce a more formal process in pursuit of the same goal. - It is a closely watched case that may determine the political independence of America's central bank, by setting how high the bar is for a president to fire Fed governors. Driving the news: Three weeks ago, the White House asked for her response to the…Open
New York City's new tax on second homes has property owners furious, especially after the city published a searchable online database identifying tens of thousands of properties that could be subject to the surcharge. "Owning Manhattan" star Peter Zaitzeff joins "Jesse Weber Live" to explain how the tax could ultimately cost the city. "Jesse Weber Live" brings a fresh, fast-paced, and often unexpected take on the day’s headlines, diving into the biggest stories through the lens of legal expertise.
Senate Bill 254 prohibits retail businesses from imposing a surcharge on customers who pay with a debit card instead of cash, check, credit card or another form of payment.
FIFA abandoned a plan to create a commercial venture and then sell stakes to minority investors, just days after unveiling it. The plan drew sharp condemnation — and a boycott from European nations.
NewsNation’s Batya Ungar-Sargon and independent gubernatorial candidate Larry Sharpe have a fiery debate over the Democrats' plan for Iran and the economy.
