Trenton — As Congress weighs a White House request for $60.4 billion in emergency relief aid for the states devastated by Hurricane Sandy, U.S. Sens. Robert Menendez and Charles Schumer said today they will propose an expansive package of tax breaks for residents affected by the disastrous storm. Dubbed the "Hurricane Sandy and National Disaster Tax Relief Act of 2012" the bill would allow taxpayers to deduct all expenses incurred for storm cleanup, waive penalties for early withdrawals from retirement plans, give exemptions to people who provided free housing to storm refugees and provide tax credits to disaster-damaged businesses that continued
Comments: Leave it to bottom-feeding politicians to spin a storm into gold.
Buried in article is a remarkable figure: New Jersey’s Sandy "relief" federal bailout request works out to $119.51 per American, or $478.04 per family of four. Chris Christie, savior of the GOP. Right.
And all this is on top of the property insurance coverage. Nice of Christie and Schumer and Menendez to relieve insurers of their obligation to pay out on claims for which they´ve been collecting hefty premiums all these years.
I´d dub this the Insurance Industry Bailout of 2013.
WHy should they get tax breaks if they are wanting the federal government to foot 100% of the bill? How come those in the middle of the country don´t get these kind of perks when they are hit with disasters?
So all one has to do is be in the path of a storm and voila they are due tax breaks. While those that have jobs, invest in this country and work their behinds off get there tax breaks taken away in the name of fairness. I hate my goobernment.
2014 isn´t even here yet for mid-term elections and already these two putz´s are doling out the freebies. Raising the taxes on the rich is already spent - $60+B for NY & NJ and now these tax breaks. It´s never ending.
The mystery surrounding the brutal murder of beloved teacher Colleen Rizter took another twist today after it emerged a judge has banned ‘distressing’ evidence against Philip Chism from being made public. Ever since last Tuesday’s horrific slaying - during which Chism, 14, allegedly slashed Colleen’s throat with a boxcutter in a bathroom at Danver’s High School, Massachusetts – friends and family of the victim have desperately tried to uncover a motive for the seemingly senseless crime. Chism allegedly confessed to the killing when he was arrested at 12.30am on Wednesday morning, but the freshman, described as ‘stone cold’ by one officer has
Patrick Kennedy today reveals how America’s first family has been afflicted by mental illness across the generations. In an emotional interview the former congressman said that the ‘chemical sickness’ has stalked his family for years. He spoke bravely of his own struggle with addiction and bipolar disorder and said that public ignorance and the social stigma associated with mental illness heightened the suffering of his relatives affected in earlier generations – particularly his aunt Rosemary, about whom the family rarely speak. He told interviewer Daphne Barak, who is putting together a special documentary ´Coming Home With The Kennedys: ‘I have
Only 23 percent of 409 New York doctors queried by the State Medical Society said they’re accepting patients who have enrolled in an Obamacare health exchange. And another 33 percent haven’t decided whether or not to take the patients and become official Obamacare providers, The New York Post reported. “This is so poorly designed that a lot of doctors are afraid to participate,” said Dr. Sam Unterricht, the president of the New York State Medical Society, an organization with 29,000 members, in The New York Post. “There’s a lot of resistance. Doctors don’t know what they’re going to get paid.”
A cyberattack launched against Adobe affected more than 10 times the number of users initially estimated. On October 3, Adobe revealed that it had been the victim of an attack that exposed Adobe customer IDs and encrypted passwords. At the time, the company said that hackers gained access to encrypted credit card records and login information for around 3 million users. But the number of affected accounts has turned out to be much higher. The attack actually involved 38 million active accounts. "So far, our investigation has confirmed that the attackers obtained access to Adobe IDs and (what were at the
Sacramento, Calif. — Many California courts fail to tell state justice officials when someone is determined to be mentally ill, undermining efforts to take guns away from potentially dangerous owners, according to a state audit released Tuesday. State law requires courts to tell the Department of Justice when it makes certain mental health determinations. The department uses that information as part of a program unique to California that seizes guns from people who are prohibited from having them, including the mentally ill. Auditors discovered that many courts were not aware of the reporting requirements. They surveyed 34 of California´s 58 superior courts
Jose Fernandez looked out his apartment window near MacArthur Park and admitted, in defeat, that he´s grown accustomed to the view: Torn couches, dingy mattresses, broken dressers, dusty headboards. The procession of rejected furniture piles high and wide on the sidewalk, compliments of neighbors and whoever else decides to dump and run. (Snip) Hoping to put a stop to the rubbish, the city recently launched a $1-million cleanup effort aimed at Councilman Gil Cedillo´s 1st District, including areas such as Lincoln Heights and Mount Washington. Much of the focus is on the immigrant-heavy neighborhoods of Westlake and Pico-Union
AAA, the motor club that represents 53 million drivers, on Monday urged the Environmental Protection Agency to lower the amount of ethanol required to be blended into gasoline for 2014. The group said more realistic targets in the Renewable Fuels Standard — approved by Congress in 2007 —“would protect drivers by preventing a possible surge in gas prices or the increased use of potentially damaging E15 gasoline.” “It is just not possible to blend the amount of ethanol required by current law given recent declines in fuel consumption, and it is time for public policy to acknowledge this reality,” said Bob Darbelnet
On the eve of the one-year anniversary of the worst storm to hit New Jersey, U.S. Housing and Urban Development Secretary Shaun Donovan said today the state is poised to receive nearly $1.5 billion in additional Hurricane Sandy relief aid. The funding, announced at the Little Ferry First Aid Squad, is the second round of money from HUD’s Community Development Block Grant program, which sent $1.8 million to New Jersey this spring. “These funds have been absolutely critical to help families get back on their feet. More than 20,000 homeowners across the state have already benefited from these funds,”
Mia Farrow´s brother was sentenced today to 25 years in prison for the sexual abuse of two young boys over an eight-year period. Businessman John Villiers-Farrow pleaded guilty to two counts of child abuse after he was handed down 39 charges for the molestation of the boys who were his neighbors in Maryland in 2002. He pleaded guilty in July so he could get a lighter sentence but has always asserted his innocence. His sentence was suspended for 15 years, which means Villiers-Farrow will spend at least the next ten years in jail.
Rollout of the U.S. health-care overhaul is facing mounting delays as a key computer service that failed yesterday remained dormant, three days after the Obama administration said its insurance exchange website would be working smoothly in about a month. The data services hub that supplies tax information to websites run by the federal government and 14 states to sell medical coverage, was unavailable following a malfunction at the hosting center. The center, operated by Verizon Communications Inc. unit Terremark, lost connectivity after workers tried to replace a broken networking component, said Joanne Peters, a spokeswoman for the U.S. Health and
Trenton — Gov. Chris Christie says he understands victims´ frustrations a year after Hurricane Sandy but maintains that his administration isn´t to blame for delays in aid reaching victims. In an interview with The Associated Press as the anniversary of the Oct. 29 megastorm approaches, Christie blamed Congress, which took three months to approve a $50.7 billion relief package for the region, and a thicket of red tape put in place to prevent the type of fraud that occurred after Hurricane Katrina. (Snip) Christie was in many ways the face of the storm, whether he was embracing President Barack Obama during
The number of undocumented Cubans intercepted in Mexico on their way to the U.S. border has more than doubled in the eight months since Havana eased its migration controls, according to Mexican government figures. The Interior Ministry numbers were the latest indication of the greatly increased flow of Cubans, both undocumented and legal, through Mexico, Central and South America and the Caribbean over the past year. Most, if not all of the Cubans, are heading to the United States, where they are protected from deportation to Cuba, can receive benefits as refugees and qualify for permanent U.S. residency after one year
"All we´ve been hearing the last three years is if you like your policy you can keep it.... I´m infuriated because I was lied to," one woman told this newspaper, as part of a story on how some middle-class Californians have been stunned to learn the real costs of Obamacare. And that lie looks like the biggest lie about domestic policy ever uttered by a U.S. president. The most famous presidential lies have to do with misconduct (Richard Nixon´s "I am not a crook" or Bill Clinton´s "I did not have sexual relations") or war. Woodrow Wilson campaigned on the slogan "He kept us out of war" and then plunged
From Florida to California, consumers are getting notices their health plans are cancelled. They were promised they could keep their plan if they liked it. That was a lie. They’ve been duped and dropped. The liar is none other than the President of the United States. On June 15, 2009, President Obama told a town hall meeting that “No matter how we reform healthcare, we will keep this promise…. if you like your healthcare plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.”
President Barack Obama is facing fresh attacks for his pledge that Americans who like their current healthcare plans can keep them under Obamacare, as reports pile up of thousands of Americans facing cancellation notices. Accusations that the pledge was misleading are potentially a deeper threat to Obama than the website glitches that have plagued Healthcare.gov since its October 1 launch and allowed only a trickle of people to sign up on new federal insurance exchanges. Obama has downplayed the problems with the website, saying it´s like a cash register not working, and has stressed that the underlying product of the
Food stamp recipients face a massive benefit cut set to kick in when stimulus funds expire Friday. The nationwide cut “is equivalent to about 16 meals a month for a family of three,” according to a Center on Budget and Policy Priorities analysis using the USDA’s “Thrifty Food Plan.” CBPP called the roughly $5 billion annual cut to the Supplemental Nutrition Assistance Program “unprecedented” in “depth and breadth.” “If you look across the world, riots always begin typically the same way: when people cannot afford to eat food,” Margarette Purvis, the president and CEO of the Food Bank..
President Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years. Four sources deeply involved in the Affordable Care Act tell NBC News that 50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next
Meghan McCain said she’s already defied the odds by not disappearing from the public stage after her father’s failed 2008 presidential campaign, and that part of the reason is some regard her as the new face of the Republican Party. “People project onto me what they want me to be,” said Ms. McCain, the daughter of Arizona Sen. John McCain, in Politico. “If they want me to be this spoiled, crass senator’s daughter, then they will create that and say that to be on Twitter and write articles on me.” Others, meanwhile, “think I’m the second coming of the new
"There´s a mental health problem in Congress," says actor and liberal activist Sean Penn. The president could solve the problem "by committing them by executive order," Penn told CNN´s Piers Morgan Monday night. Asked if Penn would have "people like Ted Cruz" committed, Penn said, "He is my American brother. I won´t -- I think we should take care of him, he is in, he´s the trouble." "Well, actually have him committed," Morgan followed up. "Yeah, I think it´s a good idea," Penn said. Penn, in a rambling way, also identified a "lack of education" as a "huge problem that we´re dealing with
It was a spasm of violence that stunned residents: some 200 black youths raising hell - what police called a full-blown riot - in Austin, Texas. Angry black youths inexplicably converged by the Highland Mall, near an iconic haunted house attraction, and walked atop parked cars, fought among themselves, and hurled rocks at some 30 arriving police officers.(snip)In their reporting on the riot, Austin´s media outlets followed a widely accepted rule of mainstream journalism today: they failed to mention that the rioters were black. Yet many Austin residents surmised as much -- and their suspicions were confirmed when mug shots were
In sad news from the land of McCain, “Raising McCain” host and McCain family scion Meghan McCain said in an interview with ABC and Yahoo News that her father, Senator John McCain (R-AZ), was “frustrated” and “depressed” by the Tea Party. Meghan termed the Tea Party the “hyper-conservative wing.” She said, “We’re both frustrated with the idea that only the hyper-conservative wing of the party is going to represent the masses.” The last time dad was this depressed, Meghan reported, was after he lost the presidency to then-Senator Barack Obama. Meghan said, “He is so depressed. He is so downtrodden. The way
On Monday, NBC News reported that President Obama’s administration knew for three years that Americans would lose their current insurance under Obamacare. The story quickly became the lead at the Drudge Report, making it the hottest political story on the Internet immediately. For several hours, there was no problem. Then, late at night, the story was pulled, the link was changed thereby breaking the Drudge link, and stealth edits were made to the piece. In particular, one key paragraph met the cutting room floor: None of this should come as a shock to the Obama administration. The law states that
It’s just one tweet, but the sheer mendacity requires its own post. With the media finally in “now it can be told” mode since Obamacare passed and President Obama was reelected, pretty much everyone is admitting what all of us knew four years ago— that no, not everyone would be able to keep their plans if they liked their plans. And, yes, the Obama administration knew it just as sure as its critics did. It was a lie and an obvious one, but the administration, much of the media, and Obamacare supporters happily acted as if it were true and happily
Ronan Farrow is already in MSNBC mid-season form. Farrow, the son of actress Mia Farrow and Woody Allen, is set to debut his own MSNBC talk show early next year. His latest political comments, though, find him boosting the image of the Clintons in a way that even the far-left network might not embrace. They´re nimble politicians. Also I think that they represent a style of honesty that the public craves right now. And that´s reflected in the numbers. I think people are tired of the old school politicking, and when a politician comes out and says, “Actually, I changed my