What is the SALT cap? What to know about Trump's proposed tax deduction change – Daily Mail
President-elect Donald Trump is reportedly open to raising the cap on SALT, a provision of the tax code that overwhelmingly disadvantages wealthy people in blue states. Prior to the Tax Cuts and Jobs Act signed into law by President Trump in 2017, the SALT deduction allowed taxpayers to itemize their deductions and subtract the amount […]
Biden HHS Scraps Proposed Rule Forcing Employers to Cover Birth Control
President Joe Biden's Department of Health and Human Services (HHS) is withdrawing proposed regulations that would have narrowed the scope for employers to opt out of birth control for their employees. Department of Health and Welfare issued A notice published in the Federal Register on Monday announced the rescinding of a rule that “prohibits employers […]
Trump expands list of proposed American conquests: ‘The Golden Age of America is upon us’
President-elect Donald Trump has repeatedly joked about Canada beating out both Puerto Rico and the District of Columbia to become the 51st state. But it's clear he's looking to acquire territory beyond the 49th parallel. Over the weekend, President Trump struck a more serious tone, threatening to seize the Panama Canal and expressing renewed interest […]
Biden admin withdraws proposed rule that would outlaw bans on trans athletes in girls’ sports
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Biden administration withdraws proposed regulations on transgender athletes, student debt
The Biden administration on Friday rescinded pending regulations governing transgender athletes, abandoning efforts to provide certain protections for transgender students opposed by the incoming Trump administration. The administration also withdrew a proposal to forgive student loans for about 38 million Americans, which the Education Department said was due to “administrative issues.” “With the time left […]
Trump says he’s ‘totally against’ proposed continuing resolution bill: the ‘Fight starts now’
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Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees – The Associated Press
Some banks and banking industry groups are suing the Consumer Financial Protection Bureau over a final rule that limits the overdraft fees banks can charge. The rule is part of President Joe Biden's campaign to reduce junk fees imposed on consumers on everyday purchases, including banking services. But banks argue that without overdraft protection, desperate […]
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees – Yahoo Finance
Some banks and banking industry groups are suing the Consumer Financial Protection Bureau over a final rule that limits the overdraft fees banks can charge. The rule is part of President Joe Biden's campaign to reduce junk fees imposed on consumers on everyday purchases, including banking services. But banks argue that without overdraft protection, desperate […]
Proposed 'Trump' law seeks to allow felons to run for office in Missouri
Jefferson City, Missouri (KTVI) – A Missouri lawmaker is proposing to repeal a state law that currently prevents people with felony convictions from running for local and state legislators. Pre-filed by Republican Congressman Michael Davis, who lives in Belton, a suburb of Kansas City. House Bill 318 December 3rd. The bill, dubbed the “Donald J. […]
‘We’re Not Touching’ Social Security in Proposed Cuts to Government Spending
President-elect Donald Trump said Sunday on NBC's “Meet the Press” that the Department of Government Efficiency (DOGE) will not cut Social Security. Host Kristen Welker said, “The president-elect will challenge billionaire CEO Elon Musk of Tesla and SpaceX to control government spending, along with businessman Vivek Ramaswami, one of Trump's former chief rivals.'' “We're ordering […]