CNBC,
by
Kevin Breuninger
Original Article
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Dreadnought
—
7/27/2022 6:38:07 PM
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Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., on Wednesday announced that they have struck a long-awaited deal on legislation that aims to reform the tax code, fight climate change and cut health-care costs.
The reconciliation bill would invest more than $400 billion over 10 years, to be fully paid for by closing tax loopholes on the richest Americans and corporations, the senators said in a joint statement. It would reduce deficits by $300 billion over that decade, the senators said, citing estimates from nonpartisan congressional tax and budget offices.
Red State,
by
Levon Satamian
Original Article
Posted by
Dreadnought
—
7/27/2022 5:18:20 PM
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A new CNN poll shows a majority of Republicans would like to see a new GOP candidate as the 2024 Presidential nominee. This poll comes as former President Donald Trump may announce his decision as soon as September, and as Republicans sound the alarm. Some GOP members want the midterm election to be about the economy, the southern border, and the failed policies by the Biden administration but fear if Trump announces his run for President before the midterms, that will energize Democrats and Independents to come out in droves and vote for the Democratic candidates.
The poll question was: “Who do you think the Republican Party should nominate
CNBC,
by
Jonathan Vanian
Original Article
Posted by
Dreadnought
—
7/27/2022 4:55:46 PM
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Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast pointing to a second consecutive decline in year-over-year sales. The shares slipped in extended trading.
Here's how the company did: Meta shares have lost about half their value since the beginning of the year, underscoring investor concern about the health of the company's core online advertising business. That unit has been hurt by Apple's iOS privacy update last year, limiting Meta's ability to track users, and by a weakening economy that's led some companies to slash their ad budgets.
Revenue in the second quarter fell almost 1% from a year earlier.
USA Today,
by
Paul Davidson
&
Maureen Gropee
Original Article
Posted by
Dreadnought
—
7/27/2022 3:06:44 PM
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Another month, another outsize interest rate hike.
The Federal Reserve raised its key short-term rate by three-quarters of a percentage point for a second straight month Wednesday in a bid to corral soaring inflation, matching the largest increase since 1994.
It puts the federal funds rate – which is what banks charge each other for overnight loans – at a range of 2.25% to 2.5%, close to the Fed’s 2.5% long-run, or neutral rate. That’s the rate intended to neither stimulate nor curtail economic growth. In recent months, Fed Chair Powell has said the central bank must “move expeditiously” to that neutral level and then likely beyond it
Red State,
by
Bonchie
Original Article
Posted by
Dreadnought
—
7/27/2022 12:52:59 AM
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The Department of Justice has begun investigating former President Donald Trump as part of a criminal probe surrounding January 6th and his attempt to “overturn the election.” According to the Washington Examiner, questions are being asked about what Trump said in meetings around the time, including what he may have told others to do in regards to stopping the certification of the election results. One specific line of inquiry entails the so-called “false electors” scheme members of the press have been going nuts over.
Breitbart,
by
John Hayward
Original Article
Posted by
Dreadnought
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7/27/2022 12:47:51 AM
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Canadian Prime Minister Justin Trudeau ignored cries of anger and desperation from farmers and provincial officials last weekend by pressing ahead with a climate change agenda that will dramatically reduce Canada’s use of fertilizer — the same ruinous strategy that drove Dutch farmers into revolt and destroyed the agriculture of Sri Lanka.
The Toronto Sun reported on a dismaying Friday meeting of federal and provincial ministers, in which the latter could not convince the Trudeau administration to show any “flexibility” in its emissions targets, not even with a global food crisis on the horizon:
Breitbart,
by
Breccan F. Thies
Original Article
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Dreadnought
—
7/27/2022 12:37:35 AM
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Washington, District of Columbia — Former Vice President Mike Pence outlined his “freedom agenda” Tuesday morning, citing the late Andrew Breitbart in his vision to restore American culture.
“Politics is downstream of culture,” Pence said, quoting Breitbart. “The American people are proud of our culture.” “American freedom is under attack,” he said, “big tech, big media, big government, even big business.” The left is pushing a “pernicious woke agenda designed to … destroy the American dream,” he continued, saying that the “the ruling elite has never been more out of touch” but also “never more intent on imposing their agenda.”
Red State,
by
Bonchie
Original Article
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Dreadnought
—
7/27/2022 12:28:18 AM
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Is Joe Biden’s staff trying to sabotage him? Probably not, but man have some bad decisions been made lately as far as his public appearances go. Don’t get me wrong, there’s never really a good time to have Biden out in front of people, but the rush to push out recordings of him after he contracted COVID-19 has led to some really uncomfortable scenes. Almost immediately, the White House released a picture that left nothing but questions. Biden then did a live stream (which cut off suddenly) in which he looked like he was about keel over. Then, on Monday, the president’s comms team put together a clip of him ranting
Fox News,
by
Paulina Dedaj
&
Joe Morgan
Original Article
Posted by
Dreadnought
—
7/26/2022 6:28:51 PM
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The NCAA announced its conference selections for the 2022 Woman of the Year award on Monday, naming Columbia University fencer Sylvie Binder as The Ivy League pick, over national champion and University of Pennsylvania transgender swimmer Lia Thomas.
Binder, a senior from Armonk, New York, was among the 577 overall students nominated for this honor earlier this month and was one of the eight athletes nominated from The Ivy League conference. An NCAA Women’s Foil Champion in 2019, she placed fifth at The Ivy League championships this season, second at the Northeast Regional, and third at the NCAA Championships with an overall record of 17-6. She was also named
National Review,
by
Caroline Downey
Original Article
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Dreadnought
—
7/26/2022 6:22:28 PM
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Returning to Washington, D.C., for the first time since leaving office, former president Trump delivered a speech at the America First Policy Institute on Tuesday in which he accused the Democratic party of abdicating its responsibility to preserve law and order and promised that Republicans would pursue a laundry list of “brutally tough” solutions to crack-down on the “insanity” taking root in America’s cities.
“Our country is going to hell,” Trump declared. Under Democratic leadership, the nation has deteriorated into a “cesspool of crime…blood, death and destruction,” where the “streets are covered in needles and soaked with the blood of innocent people,” he said.
Over the course
BBC News,
by
Bernd Debusmann Jr
Original Article
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Dreadnought
—
7/26/2022 2:13:43 PM
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More than 3,800 monkeypox cases have been reported in the US, the most of any country around the globe, government health data shows.
The rising number of cases has reportedly prompted the Biden administration to mull declaring a national health emergency.
The virus has already been classified as a global health emergency by the World Health Organization (WHO).
To date, more than 18,000 cases have been reported in 75 countries. According to data published online by the US Centers for Disease Control and Prevention (CDC), as of 25 July there were 3,846 confirmed or suspected monkeypox cases in the US.
The figure - which comes amid expanded testing in addition to the growing outbreak
National Review,
by
Isaac Schorr
Original Article
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Dreadnought
—
7/26/2022 12:52:47 PM
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Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said that if he could change anything about his response to the coronavirus pandemic, he would have recommended that the government impose “much, much more stringent restrictions” during the spring of 2020.
On Monday’s edition of Rising, Fauci told hosts Robby Soave and Batya Ungar-Sargon that if he “knew in 2020 what I know now, we would do a lot differently.”
“The insidious nature of spread in the community would have been much more of an alarm, and there would have been much, much more stringent restrictions in the sense of very, very heavy