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Spain seeks reduction in NATO contribution: Report

Spain asks for break on NATO contribution: Report

The leader of Madrid has requested NATO Secretary Mark Latte to exempt Spain from a proposed defense expenditure target of 5% of GDP in advance of the upcoming summit in The Hague. In a letter to Latte, Prime Minister Pedro Sanchez stated, “Committing to such a 5% target is not just unreasonable, but it also […]

Pension Reform Conflict: Legislators Push Back Against FERS Contribution Increase

Rep. Mike Turner Challenges Proposed Pension Contribution Increases for Federal Workers Rep. Mike Turner (R-OH) has expressed his disagreement with the House Oversight Committee’s plan to raise pension contributions for federal employees as part of a budget deal. During a markup session held on April 30, where the proposed cuts to federal employees’ retirement benefits […]

IRS increases contribution limits for 401(k), some other retirement plans for 2025

In “The Bottom Line,” President Trump donor Norm Champ details how the Biden-Harris rule is hurting Americans' retirement savings. of Internal Revenue Service (IRS) announced Friday that it will increase the amount individuals can contribute to 401(k)s and other retirement plans to account for inflation. Each year, the IRS reviews the tax thresholds and limits […]

Canada Imposes 5% ‘Contribution’ on Netflix, Other Online Streamers to Pay for Local Broadcasting

The Canadian Radio-television and Telecommunications Commission (CRTC) announced on Tuesday that it will require online streaming services such as Netflix, Hulu and Amazon Prime to “donate” five percent of their Canadian revenue to fund local broadcasting. The CRTC estimated that the payments would generate about $146 million in annual revenue for Canadian broadcasters. “Today’s decision […]

Former Rep. Fortenberry charged with lying about illegal campaign contribution

Former Congressman Jeff Fortenberry was charged with lying to federal authorities about a $30,000 illegal donation to his campaign by a wealthy foreign billionaire, reviving a case that stalled in an appeals court. A federal jury convicted the Nebraska Republican in 2022, but the 9th Circuit Court of Appeals threw out Fortenberry’s conviction last year, […]