President Biden on Friday awarded the Medal of Honor, the nation’s highest military decoration, to Ralph Puckett Jr., a 94-year-old Korean War veteran and retired Army colonel who was wounded in a battle against Chinese soldiers in Korea more than 70 years ago. “Today we are hosting a true American hero and awarding an honor that is long overdue,” Biden said during an East Room ceremony that was also attended by South Korean President Moon Jae-in. It was the first Medal of Honor awarded by… Source link
Read More »Biden administration to kick-start $300 monthly child-tax-credit checks to parents on July 15 – Yahoo News
The New York Times After Years of Quiet, Israeli-Palestinian Conflict Exploded. Why Now? JERUSALEM — Twenty-seven days before the first rocket was fired from Gaza this week, a squad of Israeli police officers entered the Al-Aqsa Mosque in Jerusalem, brushed the Palestinian attendants aside and strode across its vast limestone courtyard. Then they cut the cables to the loudspeakers that broadcast prayers to the faithful from four medieval minarets. It was the night of April 13, the first day… Source link
Read More »Elizabeth Warren exults at the news of a Biden move on COVID vaccine patents
The New York Times ‘Turning the Corner’: U.S. COVID Outlook Reaches Most Hopeful Point Yet After weeks of coronavirus patients flooding emergency rooms in Michigan, the worst COVID-19 hot spot in the nation, hospitalizations are finally falling. On some recent days, entire states, including Wisconsin and West Virginia, have reported zero new coronavirus deaths — a brief but promising respite from the onslaught of the past year. And in New York and Chicago, officials encouraged by the recent… Source link
Read More »8 ways to prepare for higher taxes from the Biden administration
President Joe Biden hasn’t hidden his desire to raise taxes on corporations and the wealthy to fund a $2.3 trillion infrastructure package and new social safety net programs. The administration has consistently floated lifting the corporate tax rate to 28% from its current rate, a Trump-era low of 21%. More recently, Biden said he is targeting an increase in the capital gains tax on the wealthiest Americans to 43.4%, including a surtax. The existing capital gains tax stands at a top rate of… Source link
Read More »At 100 days, Americans say Biden has faced bigger challenges and performed better than Trump
The Daily Beast Bombshell Letter: Gaetz Paid for Sex With Minor, Wingman Says Photo Illustration by The Daily Beast / Photos via GettyA confession letter written by Joel Greenberg in the final months of the Trump presidency claims that he and close associate Rep. Matt Gaetz paid for sex with multiple women—as well as a girl who was 17 at the time.“On more than one occasion, this individual was involved in sexual activities with several of the other girls, the congressman from Florida’s… Source link
Read More »At 100 days, Americans say Biden has faced bigger challenges and performed better than Trump
Americans believe that President Biden faced bigger challenges than his predecessor Donald Trump during his first 100 days in office — and performed better than Trump despite those difficulties, according to a new Yahoo News/YouGov poll. The survey of 1,558 U.S. adults, which was conducted from April 27 to April 29, found that less than a third say Trump’s challenges were bigger than Biden’s (31 percent) or that Trump performed better (32 percent) during the first 100 days of his… Source link
Read More »Stock futures rise after Biden unveils ambitious proposals, earnings top estimates
Stock futures pointed to a higher open Thursday morning as investors considered a batch of stronger-than-expected earnings results from major companies and a sweeping set of proposals from President Joe Biden aimed at revamping the country’s infrastructure and supporting families, children and students. Contracts on the S&P 500 added 0.7%, and the index was on pace to open at an all-time high. Dow futures gained more than 150 points, or 0.5%, while contracts on the Nasdaq gained about… Source link
Read More »Biden proposes tax hikes to pay for $1.8 trillion American Families Plan
President Joe Biden is calling on Congress to raise taxes on the wealthiest Americans in order to pay for programs designed to support families and children — including two years of free community college, paid family leave, efforts to make child care more affordable and universal preschool. Biden will outline the American Families Plan in his first address to a joint session of Congress on Wednesday night. The proposal — the second phase of his plan to overhaul the U.S. economy —… Source link
Read More »Biden to raise minimum wage for federal contractors to $15 an hour – Yahoo Finance
The New York Times After Nearly a Year of Unrest, Portland Leaders Pursue a Crackdown PORTLAND, Ore. — After the protests have concluded, sometimes in the early morning hours, Margaret Carter finds herself climbing into her gray Toyota Camry and cruising the streets of Portland so she can see the latest damage for herself. Carter, 85, has been downtown to the Oregon Historical Society, where demonstrators have twice smashed out the windows, recently scrawling “No More History” on the… Source link
Read More »Will Biden give you a fourth stimulus check? We’ll learn more this week
Will Biden give you a fourth stimulus check? We’ll learn more this week Hoping for another round of stimulus checks? President Joe Biden is expected to reveal details this week of a new spending plan that could set aside more money for struggling Americans. As the IRS continues to distribute the pandemic’s third stimulus checks, for up to $1,400 each, the outcry is building for the government to provide Americans with a fourth payment — and possibly more. Biden feels the pressure for more… Source link
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