Deutsche Bank attempts to prevent Ardagh’s $10 billion restructuring plan
Dispute Over Ardagh Group’s Restructuring Deal Deutsche Bank and Carronade Capital, an activist hedge fund, are working to block a $10 billion restructuring plan that was reached between Irish billionaire Paul Coulson and a majority of Ardagh Group’s bondholders. This plan is intended to help pay shareholders as they exit the financially troubled packaging company. […]
Democrats prevent bill to stop government shutdown for the 11th time
The Senate rejected another attempt to reopen the federal government on Monday, marking a three-week shutdown with both sides still at an impasse. The vote was 50-43 against a continuing resolution that had previously been approved by the House of Representatives, which would have funded the government until the end of November. This proposal needed […]
House GOP proposal aims to prevent UN from enforcing global taxes on the US
New Bill Aims to Block UN-Imposed Taxes A new proposal from House Republicans seeks to stop the United Nations from requiring the U.S. to collect taxes that aren’t specifically imposed by American governments. The bill is set to be introduced this week as the UN prepares for a vote on a global tax concerning carbon […]
Liz Weston: Looking to prevent taxes on small withdrawals from retirement accounts? Here are several options.
Dear Liz: I’m a bit puzzled about the required minimum distributions from my retirement account. I want to avoid taxes on these withdrawals, but it seems impossible. Can you help clarify this? Answer: If you took a deduction when you contributed to your retirement account, then you’ll have to pay taxes on those distributions. As […]
Senators from both parties work to prevent Trump’s military actions in Venezuela
Senate Moves to Block Military Action Against Venezuela A bipartisan group of senators acted on Friday to prevent President Donald Trump from engaging the U.S. in what they deem “hostile acts” against Venezuela, as stipulated under the War Powers Resolution. This comes after a series of recent attacks off the South American country’s coast. The […]
Texas Governor Sends DPS and National Guard to Prevent Antifa Violence at ‘No Kings Day’ Protests
Texas Governor Orders Security for Protests Texas Governor Greg Abbott has activated the National Guard and DPS tactical units to secure the Capitol in Austin, driven by concerns regarding Antifa-related groups and possible unrest during the upcoming “No Kings Day” protests. These demonstrations are part of a broader national campaign opposing President Trump’s policies, which […]
Business group takes legal action to prevent $100k H-1B visa fees
The U.S. Chamber of Commerce filed a lawsuit against the Trump administration on Thursday regarding its increased fee for H-1B visa applications, which now stands at $100,000. The chamber contends that the president is overstepping his bounds with this alteration to the visa program. According to the chamber, Congress had established a “complex and thoughtful […]
Democrats Prevent Bill To Fund Troops Amid Shutdown
Senate Blocks Defense Spending Bill Amid Shutdown On Thursday afternoon, Senate Democrats blocked a defense spending bill intended to ensure military personnel receive their pay during the ongoing government shutdown. The Senate vote ended at 50-44, with just three Democrats opting to break from Senate Minority Leader Chuck Schumer in favor of the bill that […]
Senate Democrats prevent defense bill that would fund troops during shutdown
Government Funding Stalemate Continues as Senate Democrats Block Republican Initiative Senate Republicans faced a setback in their efforts to resume government funding as Senate Democrats rejected a military payments bill, marking the 16th day of the federal government shutdown. The defense spending legislation struggled to advance on party lines during a vote on Friday. Only […]
Most Young Liberals Support Violence to Prevent Deportations
Young Liberals and Responses to Immigration Raids A recent Signal poll revealed that a significant 60% of young liberals believe it’s acceptable to go beyond peaceful protests in reaction to Immigration and Customs Enforcement (ICE) raids. Interestingly, 42% of liberals overall feel the same, even if it involves breaking the law. The polling organization noted […]